Stay Informed, Stay Connected
Join our newsletter and be the first to receive the latest updates, immigration news, and valuable insights right in your inbox.
Foreign Graduate Entrepreneur Stream
Summary:
Alberta Foreign Graduate Entrepreneur stream is somewhat similar to the Federal Start-Up Visa program. It is for foreign graduates who graduated with a degree within the last 10 years. They must start or buy an existing business with at least 34% or 51% ownership depending on the location. You can have a partner, as long as they are a Canadian citizen or PR. You must have CLB 5 in language. The minimum investment required is $50,000 or $100,000 depending on the location. You must also have 6 months of relevant experience of actively managing or owning the business or equivalent (equivalencies are work experience with business incubator or business accelerator).
Is prior business experience required?
Minimum of 6 months full-time work experience that can be a combination of actively managing or owning the business or equivalent (equivalencies are work experience with business incubator or business accelerator).
Which types of businesses are required for Alberta Foreign Graduate Entrepreneur Stream?
The business must be related to technology, aerospace, financial services, energy, agriculture, tourism, life sciences or pharmaceuticals.
Letter of recommendation for the Foreign Graduate Entrepreneur Stream
Must have a letter of recommendation from an AAIP-approved designated agency. Currently two agencies are approved by Alberta:
VIEW MORE DETAILS
Applications steps for the Alberta Graduate Entrepreneur Stream
- Create an EOI
- Submit a business application
- Sign a performance agreement & start your business
- Submit a report after one year
- Receive nomination for PR
- Apply for PR
The application fee to be paid to Alberta is $3,500.
The document checklist is given here.
If you need help with your application for the Alberta Foreign Graduate Entrepreneur Stream, I’d be happy to support.
Book a Consultation
Take the first step toward your Canadian dream. Secure your personalized immigration consultation with us today and embark on a path to a brighter future in Canada.
I’m Rashid Ali, a Licensed Canadian Immigration Consultant, having a designation of RCIC (Regulated Canadian Immigration Consultant) from the College of Citizenship & Immigration Consultants of Canada or CICC (Previously known as ICCRC). CICC is the official regulator of immigration consultants in Canada. I’m also a member of the Canadian Association for Professional Immigration Consultants (CAPIC).
