The Entrepreneur Stream is for experienced business owners or senior business managers who want to live in Nova Scotia. They must start a new business or buy an existing business and must actively participate in the day-to-day management of the business. After operating the business for a year, the entrepreneur may be nominated for permanent resident status. Application to the stream is by invitation only.
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The Start-up Visa Program is ideal for business founders with an existing business plan backed by investors. To qualify for the Start-up Visa Program, candidates are required to set-up their businesses and get investment commits from a designated authority (in this case, the Canadian business investor or hatchery).
There are four significant prerequisites that all candidates must meet to apply for Start-up Visa-
1. Have a valid Innovative Business
2. Get an investment commitment from a Designated Organization
3. Show proficiency in English IELTS 5+ Band or French
4. Provide Proof of Settlement Funds to the IRCC
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