Manitoba Business Investor Stream
The new Manitoba Business Nominee Program (MPNP-B) is a stream which allows Manitoba to recruit and nominate qualified business people with the intent and ability to reside in the province and make a significant investment in a new or existing business and hold an active managerial role.
This stream operates on an Expression of Interest (EOI) system whereby prospective applicants submit their intention to apply to the program. The most qualified are invited to apply by receiving a Letter of Advice to Apply (LAA) from the MPNP-B. After receiving a LAA, candidates have 60 days to submit their application to the program.
Minimum Requirements
In order to be eligible for MPNP-B, applicants must:
- have a minimum verifiable personal net worth of CDN $350,000;
- have a minimum three years of successful business ownership and management experience or executive-level experience as senior manager of a business within the past five years;
- Business ownership experience: the applicant has been actively engaged in providing goods or services to customers and bears the risk of return for the capital investment in the business enterprise.
- Senior management experience: the applicant has held a position in the highest level of management of a major business in which he or she has been responsible for strategic policy development.
- The applicant’s position must have significant decision-making responsibilities involving at least two of the following aspects of business:
- Distribution
- Production/Operations/Project management
- Purchasing
- Sales
- Marketing
- Finance
- Accounting
- Human Resources/Personnel
- Research and Development
- Information Technology management
- Quality Control
- The applicant must demonstrate that his or her level of income is comparable to the prevailing income level of senior managers of other major businesses in the same country.
- The applicant’s position must have significant decision-making responsibilities involving at least two of the following aspects of business:
- make an Eligible Business Investment in Manitoba;
- attend an interview with an MPNP-B officer;
- conduct an Exploratory Visit to Manitoba. Applicants will need to provide proof of research conducted during the visit in the form of a visit report and other documents;
- demonstrate sufficient language proficiency by providing results from a language competency test taken in the past two years at an approved testing agency;
- English:
- International English Language Test System (IELTS)
- Canadian English Language Proficiency Index Program (CELPIP) – available in Canada only
- French:
- Test d’Évaluation de Français (TEF)
- have the intention and ability to reside in Manitoba with all dependent family members; and
- English:
score a minimum of 60 points in the Adaptability Assessment Matrix.
Please Contact Us for more information.