Seeking to establish your business in Canada?
New Brunswick’s Provincial Nominee Program (NBPNP) offers two streams designed specifically for entrepreneurs and graduates:
● Entrepreneurial Stream: This program targets experienced business owners and senior managers who wish to own and actively manage a business in New Brunswick.
● Post-Graduate Entrepreneurial Stream: This stream is tailored for graduates from New Brunswick universities and colleges who possess a viable business concept and
intend to contribute to the province’s economy.
Entrepreneurial Stream Requirements
a gateway for experienced professionals seeking
to establish and actively manage their business within the province. While fulfilling these requirements is crucial for eligibility, it’s important to remember that meeting them doesn’t guarantee nomination.
Building Your Connection to New Brunswick:
● Family Ties: Have a Canadian citizen or permanent resident spouse/common-law partner residing in the province, or close family members holding the same status.
● Academic Achievements: Be a graduate from a recognized New Brunswick post-secondary institution, demonstrating your commitment to the province’s educational landscape.
● Employment Opportunities: Secure a valid job offer from a New Brunswick employer,
showcasing your value to the local economy.
Personal Attributes and Skills:
● Age: Be between 22 and 55 years old at the time of application, ensuring you possess the necessary maturity and experience to navigate the business world.
● Education: Hold a minimum of a two-year post-secondary degree or diploma, demonstrating your academic background and potential for success.
● Language Proficiency: Achieve a Canadian Language Benchmark (CLB) score of at least 5 in English or French, ensuring effective communication and integration within the community.
● Experience: Possess a minimum of two years of full-time, post-secondary education experience, highlighting your ability to manage projects and deadlines.
Financial Strength and Commitment:
● Net Worth: Demonstrate a legally acquired personal net worth of at least $600,000 CAD, showcasing your financial stability and capacity to invest.
● Liquid Assets: Have at least $300,000 CAD readily available in unencumbered assets, ensuring you can cover initial business expenses.
Investing in New Brunswick’s Future:
● Business Investment: Invest a minimum of $250,000 CAD in a New Brunswick business, owning at least 33% of the equity. This signifies your commitment to the province’s economic growth.
● Business Performance Agreement: Sign a formal agreement with the New Brunswick government, outlining your business goals and performance expectations.
● Economic Impact: Demonstrate how your business will create significant economic benefits for the province, such as job creation and increased investment.
Business Expertise and Planning:
● Experience: Possess at least three years of ownership experience or five years of senior management experience in a relevant field within the past five years. This highlights your business acumen and leadership capabilities.
● Business Concept: Submit a detailed business concept document of 1,000 to 1,500 words, outlining your business plan, target market, and financial projections. This showcases your strategic thinking and understanding of the market.
● Exploratory Visit: Participate in an exploratory visit to New Brunswick or attend an information session offered by the provincial government. This demonstrates your genuine interest in the province and its entrepreneurial ecosystem.
Building a Permanent Future in Canada:
● Residency Commitment: Express your intention to reside permanently in New Brunswick and actively manage your business within the province. This signifies your long-term commitment to contributing to the community.
Navigating the Post-Graduate
Entrepreneurial Stream: Eligibility Requirements
New Brunswick’s Post-Graduate Entrepreneurial
Stream offers a unique pathway to permanent residency for international graduates who have established a successful business in the province. To qualify for nomination, individuals must meet specific criteria:
Age: Be between 22 and 40 years old at the time
of application.
Language Proficiency: Demonstrate fluency in
English or French by achieving a Canadian Language Benchmark (CLB) score of at least 7 in all four skills (speaking, listening, reading, and writing).
Education: Hold a valid two-year post-secondary
degree or diploma obtained from a recognized New Brunswick university or community college.
Residency: Have resided in New Brunswick for
the entire duration of your post-secondary studies. Distance-learning programs do not fulfill this requirement.
Business Ownership and Operation: Own and
actively operate a for-profit business in New Brunswick for at least one full year prior to application.
Work Permit: Possess a valid Post-Graduation
Work Permit issued by Immigration, Refugees and Citizenship Canada (IRCC).
Residency Intention: Express your intention to
reside permanently in New Brunswick and contribute to the province’s economic development.
Additional Considerations:
● While meeting these requirements increases your chances of nomination, it does not guarantee selection.
● The program prioritizes applicants with businesses that demonstrably benefit New Brunswick’s economy through job creation and investment.
● A comprehensive business plan and evidence of financial stability are crucial for success.
Ready to Learn More?
Navigating the complexities of immigration pathways can be challenging, especially when
building a business alongside it. At CanadaPass, we have experienced consultants who specialize in the New Brunswick Provincial Nominee Program and can help you understand your eligibility, optimize your application, and increase your chances of success.