
Quebec Entrepreneur Program
The Quebec Entrepreneur Program is an immigration pathway targeting immigrant entrepreneurs with the ability to establish a new business or acquire and operate an existing business.
Minimum Requirements
To be qualified, you must:
Meet the required language levels for each of the language ability or skill:
- Show you understand Quebec Value, this can be done by passing Quebec Value Test.
- At least 18 years of age.
There are two streams of the Quebec Entrepreneur Program.
Stream One:
Present a business project idea for a business they intend to create and operate from within Quebec. Applicants must have already received a service offer from a Quebec-based business accelerator, business incubator, or university entrepreneurship center.
What is Business Accelerator?
Business Accelerator is a business established in Quebec that offers support service for finding funding business that is aimed at the growth of the innovative company.
What is a university entrepreneurship center?
university entrepreneurship center is an organization managed by an academic institution or organization affiliated with such an institution that provides services to entrepreneurs.
What is a business incubator?
A business incubator is an organization that offers mentoring services to people who business project are aimed at the creation of innovative businesses.
Stream two:
You must settle in Quebec to create or acquire and operate a business.
You must make a startup deposit and a security deposit at a financial institution with an establishment in Quebec with whom you have signed a deposit agreement: You MUST use a startup deposit to set up your business ($200,000 for a business located outside of the Montreal metropolitan area, and $300,000 for a business located inside of Montréal metropolitan area).
Security Deposit of $200,000 (this will be refunded when your business plan has been carried out.)
The minimum net worth of $900,000 alone or combine with your spouse, and demonstrate that this money is legally acquired.
Present your project in the form of a business plan.
If you create a business, you must own 25% of its equity capital. If you acquire a business, you must own and control at least 51% of equity capital.
Your business not be involved in Payday loans, Real estate, Insurance, or the sex industry.
Your business must have been operating 5 years prior to your application date.
Reach Us
Regina, Saskatchewan, Canada
Lunenburg, Nova Scotia, Canada
info@riri.ca
Are You Eligible?
What Programs/Streams are you eligible for?