MPNP
Introduction
The Manitoba Provincial Nominee Program (MPNP) offers the Business Investor Stream (BIS) for individuals seeking to establish or purchase a business in Manitoba. Within the BIS, the Entrepreneur Pathway is designed for entrepreneurs intending to start or acquire a business in the province.
Applicants should possess at least three years of full-time work experience in the past five years as an active business owner or in a senior management role of a successful business. Business owners are awarded more points than senior managers in the assessment.
The business should create or maintain at least one job for a Canadian citizen or permanent resident in Manitoba (excluding owners and their close relatives).
Applicants are required to submit a Business Plan as part of their application and sign a Business Performance Agreement (BPA) upon approval.
An exploratory visit to Manitoba is mandatory for applicants invited to apply, and they must provide a report of this visit with their application.
MPNP
Process
- Business Concept submission: Applicants must submit a preliminary business concept during the Expression of Interest (EOI) phase. This document highlights the venture's goals, market demand, and potential contributions to Manitoba's economy.
- Approval: The concept is reviewed by Manitoba officials to assess its alignment with provincial economic priorities. Applicants with the most competitive EOIs receive a Letter of Advice to Apply (LAA), allowing them to submit a full business plan and supporting documentation.
- Business Plan Submission: The full business plan demonstrates how the proposed venture will support Manitoba's economic priorities and regional development while showcasing the applicant's ability to implement the strategy successfully.
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.
MPNP
Price
CAD 1800
