PROVINCIAL ENTREPRENEUR PROGRAM (PEP)
A great pathway to enter Canadian provinces
The schemes under the Provincial Entrepreneur Program may vary depending on the specific province. You will need either to be the one in charge of running things or be actively involved in the company every day.
There are requirements to participate in this program, and each year the government only grants a small number of applications. We can help individuals to apply for Provincial Entrepreneur program. You may apply with up to two partners under this scheme.
Stream 1 & Stream 2
To participate in Stream 1, you must have already received help from a business program or organization. The candidate may found the business alone or in conjunction with others.
The second group consists of business owners who started or bought their company on their own. A minimum of 25% ownership in a new endeavor or 51% ownership in an acquired incident is required.
Do you have an interesting business plan?
Before submitting an application, your business must have been operational for at least 5 years. The corporation should not partake in any of the following – retail, wholesale, escort service, sexually explicit business, erotic services, or distribution of any kind.
Have a business strategy prepared that satisfies Quebec’s standards. Education, work experience, age, industry, languages spoken, conceptual understanding, and other factors all factor into the final grade.
Entrepreneurship program in Quebec
Quebec offers an Entrepreneurship Program as a part of its immigration system to attract entrepreneurs who want to establish or acquire a business in Quebec.
To be eligible, applicants must have net assets of at least CAD $300,000 and create or acquire a business that meets specific requirements. The business must also create jobs for Canadians and/or permanent residents.
Entrepreneurship programs in the provinces
Entrepreneurship programs are offered by several Canadian provinces to attract entrepreneurs who wish to establish or acquire a business in the province. Each program has its own eligibility criteria and application process.