NBPNP
Introduction
The New Brunswick Provincial Nominee Program (NBPNP) features an Entrepreneurial Stream tailored for experienced business owners and senior managers who are ready to establish, operate, and actively manage a business while residing in New Brunswick.
Applicants must be between 22 and 55 years old and possess at least three out of the last five years of experience in owning a business or five years in a senior management role.
Applicants must also demonstrate a minimum language proficiency of CLB 5 in English or French and commit to living in New Brunswick while managing the daily operations of their business.
An exploratory visit to the province is mandatory to gain a better understanding of the local business environment.
This stream aims to attract individuals who can significantly contribute to the economic growth and development of New Brunswick.
NBPNP
Process
- Business Concept submission: As part of the Entrepreneurial Stream, applicants are required to present a high-level business concept during the registration phase. This concept includes a summary of the business model, market research, and expected contributions to New Brunswick’s economic development.
- Approval: The concept is assessed for feasibility and alignment with the province’s priorities. Successful candidates receive an Invitation to Apply (ITA), after which a comprehensive business plan must be submitted as part of the application process.
- Business Plan Submission: The comprehensive business plan should clearly demonstrate how the proposed venture aligns with NBPNP’s goals, contributes to economic development, and reflects the applicant’s ability to execute the strategy effectively.
This program is ideal for business investors aiming to contribute to Manitoba’s economic growth through innovative ventures while benefiting from the province’s competitive business environment and pathway to permanent residency.
NBPNP
Price
CAD 1800