Entrepreneur

This particular stream is tailored for foreign nationals who are experienced business owners or senior business managers aspiring to reside in Saskatchewan. Successful applicants are required to either establish a new business or acquire an existing one in which they actively engage in day-to-day management responsibilities.

Program Eligibility

Requirement
Express Entry Profile Not Required
Job Offer Not Required
Level of Education Not Specifically required
Work Experience –         Business management or entrepreneurial experience

–         3 years in the last 10 years

Language Proficiency Not specifically required
Connection to Province Not specifically required
Business Establishment Plan Required
Business Management Actively Managed
Personal Net Worth –         Min. $500,000 CAD
Investment Requirement –         Within the cities of Regina or Saskatoon:

Min. $300,000 CAD

–         Outside Regina or Saskatoon:

Min. $200,000 CAD

–         Ownership minimum 33.33%

 Application Procedure

  • Start by creating a profile and submitting an EOI through the SINP Online Portal if you meet the stream’s minimum requirements.
  • Candidates are ranked using the SINP Entrepreneur Ranking System. Invitations to apply are sent to those with the highest rankings, with draw dates published in advance.
  • Upon receiving an invitation to apply, candidates have 20 business days to pay a $2,500 CAD processing fee and select a financial review service. A comprehensive application with required documents must be submitted within 90 days, including an interview with SINP officials.
  • After approval, sign a business performance agreement, and receive a work permit support letter. This LMIA-exempt work permit allows you to work in Canada while establishing your business.
  • Set up and operate your business in Canada for a minimum of 6 months, complying with the agreement’s conditions.
  • Request a provincial nomination from SINP if your business operation is successful and complies with the agreement.
  • If approved, you’ll receive a provincial nomination, making you eligible to apply for Canadian permanent residence.
  • Complete and mail a paper-based permanent residence application to the appropriate center. Paper-based PNP applications are typically processed within 18 months.

Saskatchewan Entrepreneur Ranking System

Factor Maximum
Points
Human Capital
Age 15
Exploratory Visit (Min. 5 Days Visit) 15
Official Language Ability 15
Qualifications / Education 15
Net Business and Personal Assets 15
Business Experience
Entrepreneurial or Farming Experience 20
Business Revenue 20
Innovation 10
Business Establishment Plan
Investment Amount 20
Investment in Key Economic Sectors 15
Maximum Points 160
Age Maximum
Points
20 or Below 0
21-29 10
30-39 15
40-54 10
55 or Above 0
Maximum Points 15
Exploratory Visit Maximum

Points

Has conducted an exploratory visit to Saskatchewan for at least 5 working days with evidence of contact with relevant business contacts 15
Maximum Points 15
Language Ability Maximum

Points

No language Test 0
CLB 4 5
CLB 5 10
CLB 6+ 15
Maximum Points 15
Qualification / Education Maximum
Points
Has a trade or occupational certification that required at least 1 year full time post-secondary training or apprenticeship equivalent 10
Has completed a Bachelor Degree or Post-Graduate Degree/Designation in a Business/Agriculture, or Science/Technology field 15
Maximum Points 15

 

Net Business and Personal Assets Maximum

Points

$500,000 – $549,999 CAD 0
$550,000 – $749,999 CAD 5
$750,000 – $999,999 CAD 10
$1,000,000+ CAD 15
Maximum Points 15
Entrepreneurial or Farming Experience Maximum

Points

4 to 7 years entrepreneurial/farm experience 10
8 or more years entrepreneurial/farm experience 15
4 to 7 years entrepreneurial/farm experience with 50%+ ownership in business 15
8 or more years entrepreneurial/farm experience with 50%+ ownership in business 20
Maximum Points 20
Business Revenue Maximum

Points

$50,000 – $99,999 CAD 5
$100,000 – $249,999 CAD 10
$250,000 – $499,999 CAD 15
$500,000 CAD+ 20
Maximum Points 20
Innovation Maximum

Points

Previous verifiable experience in:
Export Trade 10
Registered patents 10
Gazelle business 10
Maximum Points 10
Investment Amount Maximum

Points

Total equity investment to establish or to purchase and expand an eligible business in SK:
$200,000 – $349,999 CAD 0
$350,000 – $499,999 CAD 5
$500,000 – $749,999 CAD 10
$750,000 – $999,999CAD 15
$1,000,000+ CAD 20
Maximum Points 20
Investment in Key Economic Sectors Maximum

Points

Proposed Business Activity
Science and technology 15
Manufacturing 15
Export 15
Rural business succession 15
Rural business development 15
Maximum Points 15

Recent Draws – Saskatchewan Entrepreneur

Date Lowest Score Average Score Highest Score Total Selections
Sept 2022 75 95 130 43
July 2022 80 95 130 64
May 2022 90 110 130 54
March 2022 80 90 135 58
January 2022 90 105 140 51
November 2021 100 110 130 65
September 2021 110 115 125 41
July 2021 120 125 155 28
March 2020 110 115 130 73
January 2020 115 120 145 42

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