The Business Investor Stream (BIS) allows Manitoba to recruit and nominate qualified business investors and entrepreneurs from around the world who have the intent and ability to start or purchase businesses in Manitoba.
There are two pathways:
- The Entrepreneur Pathway for applicants seeking to open a business in Manitoba; and
- The Farm Investor Pathway for those intending to establish and operate a farm operation in rural Manitoba.
The renewed BIS will ensure that all business nominees invest in businesses that create jobs for Manitoba and contribute to the Manitoba economy.
Note: All dollar values are in Canadian Dollars (CAD).
The renewed Entrepreneur Pathway replaces the previous MPNP-B stream. It allows Manitoba to recruit and nominate qualified business people from around the world who have the intent and ability to move to Manitoba and establish, purchase a business or become partners in an existing business within the first 24 months of arrival in Canada on a temporary work permit. Applicants are no longer required to submit a deposit of $100,000 to the Manitoba Government.
|Business Investor Stream – Entrepreneur Pathway|
||Minimum of three years of full time work experience in the past five years either as an active business owner or working in a senior management role of a successful business.
Business owners are given higher points in comparison to senior managers.
Business owners must have at least 33 1/3% ownership to qualify for points.
|Official Languages Proficiency||Minimum CLB/NCLC 5|
|Education||Minimum Canadian high school certificate equivalent|
|Age||No minimum or maximum age; however, ranking points are allocated to candidates 25 to 49 years of age.|
|Business Investment||Minimum investment is $250,000 for businesses situated in the Manitoba Capital Region.
Minimum investment is $150,000 if a business is situated outside of the Manitoba Capital Region.
Business Investment must be made in an eligible business as defined by the MPNP.
The proposed business must create or maintain at least one job for a Canadian Citizen or a Permanent Resident in Manitoba (excluding owners of the business and/or their close relatives).
|Business Research Visit||A Business Plan is required and is an integral part of the application.
A business research visit allows the applicant to conduct extensive research of their future business investment or proposal. The Business Research Visit must be conducted no more than one year prior to the submission of your EOI.
|Adaptability||Points will be allocated to you if:
|Net Worth||Minimum of $500,000
Your personal net worth will be verified by a third-party supplier approved by the MPNP. A verification report, along with the application, must be submitted to the MPNP within 120 days of receiving your LAA.
|Business Performance Agreement||After an application is approved, a Business Performance Agreement (BPA) must be signed prior to the MPNP issuing you a letter of support for applying for a work permit.|
You must also be eligible to apply to the MPNP.
Farm Investor Pathway
The renewed Farm Investor Pathway (FIP) replaces the previous Farm Strategic Recruitment Initiative. The Pathway is for individuals with proven farm business experience, sufficient available capital to invest, and who intend to establish and operate a farm operation in rural Manitoba.
It is expected that successful applicants of the FIP will establish a farm business in rural Manitoba producing primary products that is consistent with the province’s current farm industry. The type of operation and investment must correlate with Provincial statistics and be relevant to Manitoba’s farm industry. Agri-business operations not producing primary products may qualify under the Entrepreneur Pathway.
|Business Investor Stream – Farm Investor Pathway|
|Farm Business Experience||Minimum of three years farm ownership and operation experience supported by verifiable documents.|
|Official Languages Proficiency||The Farm Investor Pathway (FIP) recognizes language capabilities in either of Canada’s two official languages are an important adaptability skill that will accelerate your ability to become economically established in rural Manitoba.
If you are invited to attend a FIP interview, you will be required to conduct the interview in either French or English.
|Farm Business Investment||At least $300,000. You are expected to establish a farming business in rural Manitoba.
Farm business investments must be in eligible tangible assets as defined by the MPNP.
A farm business plan is required and is an integral part of the application.
Investments into a farm business operated primarily for the purposes of deriving passive investment income or speculative purposes are not eligible.
|Farm Business Research Visit||You must conduct a Farm Business Research Visit to Manitoba.|
|Farm Business Activities||A farm business entity should have ongoing and recurring business activities in rural Manitoba.
You are required to live on the farm and actively participate in the management of the farm business on an ongoing basis from within Manitoba.
The farm business must be in active primary agriculture production and economically viable.
The MPNP requires you to conduct value-added farm business activities in Manitoba. Purely speculative activities or the use of third-party farm managers are not eligible under the MPNP.
|Economic Establishment Adaptability||You must demonstrate adaptability, specifically relating to practical farming skills, technical knowledge and experience in technological based farming practices that will transfer directly to Manitoba’s current primary farm production industry.|
|Net Worth||At least $500,000
The MPNP may request for verification of your net worth and financial information by a designated third-party service provider.
If requested, the verification report, along with your application, must be submitted to the MPNP within 120 days of receiving your Invitation to Apply.
You must also be eligible to apply to the MPNP.
Verification of Net Worth and Source of Funds
Applicants are required to submit a complete verification of net worth and source of funds report issued by one of Manitoba’s designated third-party verifiers with their completed application forms and documents.
The designated third-party verifiers for the MPNP are: