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Saskatchewan PNP: Plans to Conduct Entrepreneur Stream Draw On 5 March

March 2020, 04
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Saskatchewan PNP: Plans to Conduct Entrepreneur Stream Draw On 5 March
Saskatchewan Provincial immigration will manage a new draw by the province’s successful Entrepreneur Stream on 5 March 2020. This draw will be the second draw of 2020, and also the second since the Saskatchewan's Immigrant Nominee Program (S.I.N.P) modified the way it chooses Entrepreneur Stream applicants.

The initial draw of the year 2020 that held on 7 January 2020 and observed 42 invitations to apply issued. Selected candidates have an average score of 120 points in the Expression of Interest system, while it recorded a low score of 115 points and a high score of 145 points. Those who received invitations were scored a minimum of 115 points and they need to have Canadian Language Benchmark level 4 or above in order to qualify.

Saskatchewan's Entrepreneur Stream 2020 Draws

Date

Lowest score

Average score

Highest score

Number of invitations

07-Jan-2020

115

120

145

42

Below reforms launched in Dec 2019, Saskatchewan province now prefers 3 selection factors to classify candidates with the equivalent score in the Entrepreneur stream points grid.

Those three parameters, in order to get priority, are:

  1. Proficiency in the Official language.
  2. Those with their businesses planned for a principal economic sector.
  3. Fulfillment of an exploratory visit.

Saskatchewan's Entrepreneur Stream Draws Held in 2019

Date

Lowest score

Average score

Highest score

Number of invitations

December 2019

120

120

145

62

September 2019

120

125

150

45

July 2019

120

125

155

45

May 2019

120

125

135

43

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 Saskatchewan's immigration Entrepreneur stream is a 3 step process:

  1. The first step is submitting your Expression of interest
  2. After submitting EOI receiving an Invitation from the province to submit a complete application
  3. After submitting an application your profile will be evaluated and if you meet the required criteria you will receive Nomination from the Saskatchewan PNP

The expression of interest should satisfy the below minimum entry criteria:

  • A minimum net worth of CAD 500,000 that is legally obtained.
  • A Minimum of 3 years of entrepreneurial experience or related management work experience.
  • A minimum investment of CAD 300,000 in Regina or Saskatoon, or CAD 200,000 in the rest of Saskatchewan.

Applicants enter a pool their they will receive a score. The top-scoring applicants are invited to provide a complete application.

Meanwhile, Saskatchewan PNP started a new International Graduate Entrepreneur Stream in Dec 2019, focused on foreign students who are graduating from institutions in Saskatchewan.

Please subscribe to MoreVisas newsletters to update with the latest information about Visa and Immigration. Please take our free evaluation to know whether you are qualified or not and also it will help you to know further options available to you.

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