The Manitoba Provincial Nominee Program (MPNP) was founded in 1999. Over these 20 years, the province of Manitoba has welcomed more than 130,000 economic migrants to Canada. However, Manitoba is currently facing a population decline as residents are having fewer children. More people are exiting the workforce than entering it.
To counter the effects of population decline and labour shortage, Manitoba has increased its efforts to attract more international immigrants.
The MPNP, in December 2018, launched a 2-year Pilot Program called the “International Student Entrepreneur Pilot”. The pilot is a hybrid between the International Education sub-category and the Business Investor Stream. The pilot aims to attract young entrepreneurs who can meet the industry needs of Manitoba.
The ISEP is different than other programs in that it allows international students to “work for themselves.” These students may not have otherwise qualified for the employment requirements of the MPNP. This program allows international students who lack work experience or who do not have a job offer in Canada to be self-employed. Thus, the program creates a pathway to PR for candidates who may not have otherwise qualified, as quoted by ABC News.
The ISEP is a novel program in that it does not require a job offer. Most PNP programs require the applicant to have a confirmed job offer letter before they can apply for a provincial nomination.
The ISEP is also different from other Entrepreneur Programs. It does not have a minimum investment or net worth requirement for the student entrepreneur.
The ISEP is an excellent program for international students who have completed their studies from Manitoba. Such students who have set up their own business in the province can use this pilot as a pathway to Canadian PR.
Applicants must meet the below criteria to qualify for the ISEP:
Y-Axis offers a wide range of Visa and Immigration products as well as services for aspiring overseas students including Study Visa for Canada, Work Visa for Canada, Canada Evaluation, Visit Visa for Canada and Business Visa for Canada. We work with Regulated Immigration Consultants in Canada.
If you are looking to Study, Work in Canada, Visit, Invest or Migrate to Canada, talk to Y-Axis, the World’s No.1 Immigration & Visa Company.
If you found this blog engaging, you may also like…