Business Entrepreneurs wishing to establish a new business in any of the PNP programs must submit a business concept which represents 40% of the application scoring. Once they receive the (ITA) Invitation to Apply, they are required to submit a comprehensive business plan which is built on the business concept.

It’s in this part of the application that investors should provide a strong justification for their business case. In order to increase your business success factors, your business plan must be written and presented in a convincing manner.

The New Brunswick Entrepreneurial Stream is an economic immigration program for experienced entrepreneurs who are ready to establish, operate and actively manage a business and positively create an impact in the local economy while living and settling in New Brunswick permanently. The investor and his/her family are granted a Permanent Residency once all the program requirements have been met. The program requires a thorough business plan to be submitted with the application among other requirements which are illustrated in the program summary.

The updated program of 2018 requires the applicant to submit a Business Concept along with the Self-assessment Form as part of the Expression of Interest. The Business plan is the main tool along with other PNP requirements to convince the province committee that your project will support the general economic requirements of the program and that you are qualified at fulfilling the objectives to be granted the permanent residency. Once the candidate is invited to apply, he or she must submit a business plan as a supporting document to the application. The business plan must be in line with the Business Concept and show in greater details how the business will operate.