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Nova Scotia Holds The Largest Entrepreneur Draw

14 Aug 2018


 Nova Scotia holds the Largest Entrepreneur Draw

On August 7, 2018 Nova Scotia conducted new draws for Entrepreneurs and International Graduate Entrepreneur streams.

In The Entrepreneur draw 32 candidates received Invitations to Apply and the candidate with the lowest rank had a score of 116 points.
 
Moreover, in the previous draw, held on June 26 2018, 22 candidates received Invitations to Apply and the candidate with the lowest rank had a score of 120.
 
As a rule the highest number of invitations in the monthly draw is 36, and the minimum score is 90.
 

Invitations Issued Under the Nova Scotia Entrepreneur Stream.

Draw date Number of invitations Score of lowest-ranked candidate invited
7-Aug-18 32 116
26-Jun-18 22 120
21-May-18 18 123
27-Mar-18 22 108
20-Feb-18 22 100
16-Jan-18 27 91
19-Dec-17 27 91
15-Nov-17 24 91
10-Oct-17 12 97
15-Sep-17 28 91
9-Aug-17 25 94
11-Jul-17 20 97
13-Jun-17 30 95
9-May-17 35 98
7-Mar-17 26 100
18-Jan-17 28 90
22-Dec-16 36 97
18-Nov-16 35 104
3-Oct-16 9 110
11-Aug-16 12 111
28-Jun-16 8 115
21-Apr-16 11 108
31-Mar-16 8 113
10-Mar-16 8 117
19-Feb-16 6 122

 

The NS Entrepreneur stream attracts candidates having business ownership or an experience in senior management. They need to reside in Nova Scotia; or start a new business or buy an existing one.  Additionally they must participate actively in the daily management of business.


In the Entrepreneur stream, candidates first get the temporary work permit prior to applying for Canada PR after running the business for one year. There is also an Expression of Interest format, in the stream and candidates existing in a pool receive the invitation to apply.

Qualifications for the Nova Scotia Entrepreneur Stream

  • Expressing the Interest
  • Invitation to Apply
  • Attending Personal Interview and signing Business Performance Agreement
  • Obtaining Work Permit and Establishing Business in Nova Scotia
  • Request for Nomination
  • Finally, applying for Permanent Residence

Entrepreneur Stream: Requirements for Candidate

  •  An age of 21 or above
  • Intention to reside permanently and owning and managing a Nova Scotia business actively
  • Having a net worth of $600,000
  • Investing  $150,000 for establishing/purchasing a business in Nova Scotia
  • Three years experience owning and managing a Nova Scotia business actively with an ownership of 33 percent OR having five years experience as a senior business manager
  • Finally scoring minimum of 5 on the CLB in English/French,

Also, on August 7th 2018, there was a draw for International Graduate Entrepreneur stream in which only one candidate received with an Invitation to Apply, after scoring 47 points.

In it totally 14 candidates got the invitation to apply so far.

List of candidates in the Nova Scotia International Graduate Entrepreneur Stream

Draw date Number of invitations Score of lowest-ranked candidate invited
7-Aug-18 1 47
21-Jun-18 1 64
21-May-18 2 60
27-Mar-18 1 67
20-Feb-18 2 47
15-Nov-17 2 62
10-Oct-17 1 57
13-Jun-17 1 81
8-Mar-17 2 52
22-Dec-16 1 56

 

The International Graduate Entrepreneur stream has many similarities with the Entrepreneur stream, and aims to attract recent graduates of Nova Scotia universities or the Nova Scotia Community College. They must start/purchase a Nova Scotia business and operate it for one year on the PG Work Permit.

Candidates get the PR nomination when they intend to settle in the province. The stream has an Expression of Interest format.

Qualifying For the Nova Scotia International Graduate Entrepreneur Stream

Entrepreneur Stream: Requirements for Candidate

  • Intention to reside permanently and owning and managing a Nova Scotia business actively
  • Minimum one year of experience in actively managing/owning Nova Scotia business with 100 percent ownership
  • Completing a degree or diploma and minimum two academic years full-time, studies at a Nova Scotia university or the Nova Scotia Community College
  • Post-graduation work permit that is Valid
  • Minimum score of 7 on the CLB

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