This program is a partnership between communities and the BC, focused on attracting motivated entrepreneurs from around the world to establish new businesses in regional communities to meet the community’s specific needs.
Participating communities will be actively involved in attracting the foreign entrepreneur for their community. They can refer foreign entrepreneurs to the BC PNP. The foreign entrepreneur must have visited the community and their proposed business is aligned with the economic priorities and provides significant economic benefit to the community. Foreign entrepreneurs who are referred by a participating community can register in a separate pool for the pilot. Registrations are scored and if invited, applications are prioritized. Invitations are issued at least monthly.
To be eligible, communities must have a population of fewer than 75,000, be located beyond 30 km of a municipality of more than 75,000, and demonstrate their capacity to support foreign entrepreneurs through an established network of settlement and business support agencies.
The criteria targets entrepreneurs with a desire to start a business and settle in regional communities (populations of fewer than 75,000):
exploratory community visit
minimum of $100,000 in eligible business investments