Saskatchewan Conducts Entrepreneur Stream Draw and selects 39 candidates

March 13, 2019

Saskatchewan conducted the second draw of the year on March 7, in its popular Entrepreneur Stream. Moreover, it issued invitations to 39 candidates to apply by using the Saskatchewan Immigrant Nominee Program. The average score in the draw was 125 points, in the profile score range between 120 and 140 points. So far the province has invited 129 candidates in the Entrepreneur Stream in the year. In 2018 it had invited 824.

Saskatchewan Conducts Entrepreneur Stream Draw and selects 39 candidates

Furthermore, in the present draw, the total invitations issued were low in comparison to the previous draws. The largest draw was in October 2017, when it invited 265 candidates.

Saskatchewan Entrepreneur Stream Draws

Date	Lowest score	Average score	Highest score	Number of invitations
March 2019	120	125	140	39
January 2019	115	120	150	90
November 2018	115	120	135	84
September 2018	110	115	135	71
July 2018	100	105	135	187
April 2018	90	100	135	231
January 2018	80	95	145	251
October 2017	80	100	135	265
July 2017	80	100	145	98
May 2017	80	105	140	142
March 2017	95	110	135	107
December 2016	120	120	130	14
September 2016	110	115	135	57
May 2016	110	120	155	88
October 2015	110	125	155	70

The province has also announced the dates of draws for the future. These are 2nd May, 4th July, 5th September and 7th November in the present year.

There is a plan to hold the draws every two months instead of the three months earlier. Moreover, there will be five draws in 2019.

The stages in the process of Saskatchewan immigration Entrepreneur stream are-:

1. Expression of Interest

2. Dispatching the Invitation for submitting the application and finally

3. Nomination

The requirements of expression of interest are as follows:

• A net worth of $500,000 that is acquired legally.

• Three years of entrepreneurial or management experience and finally

• Investing $300,000 in Saskatoon or Regina, or $200,000 in other areas.

Candidates also receive a score in the pool. The top scorers receive an invitation to submit the application.

Application requirements:

• Business Establishment Plan for the confirmation of figures in EOI, and one-third ownership of a company in the province, unless the amount invested is $1 million.

• Commitment regarding being active in the daily management of the business and finally,

• Creating two or more jobs for citizens or PRs in Canada in case the business is in Saskatoon or Regina.

Finally, the Program says that it has the right to assess Business Establishment Plans by third parties as identified by the provincial Saskatchewan. It will focus on the preparation and meticulousness of the applicant for preparing the Business Plan.

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