Manitoba PNP Plans

MB PNP Business Immigration

Manitoba has now opened the Business Investor Stream (BIS). There are two pathways – the Entrepreneur Pathway for people that want to open a business and the Farm Investor Pathway for people that want to setup and run a farming operation. The Entrepreneur Pathway replaces the earlier MPNP-B stream. It is a similar two-step process for both pathways. First you have to submit an online application, which includes either a Business Concept or a Farm Business Concept. If your client gets enough points and is successful in this process, they will receive a Letter of Advice to Apply (LAA) and must then submit their full application with full documentation including a detailed Business Plan which must prove that the Business Concept will work.

Realistically, most of the Business Plan must be written before the Business Concept is submitted, to make sure that when the LAA is received, the Business Plan agrees with the original Business Concept.

Entrepreneur Pathway – Provincial Nominee Program
for Business Immigration

General Business

Minimum investment of at least $150,000 outside of the Manitoba Capital Region (MCR) and own at least 1/3 of the business
Minimum investment of $250,000 inside the MCR and own at least 1/3 of the business
The MCR is the area around Winnipeg with a population of around 800,000 – two thirds of Manitoba’s people.
Must be an active business, not a holding company
Active Management
Net worth of at least $500,000
Minimum three years experience in owning or managing a business
CLB / NCLC 5 or higher
Minimum of Canadian high school certificate equivalent
Create at least one job excluding the business owner or close relative

Submit a Business Concept

Business Idea
Research
Background & Experience
Investment & Finances
Market Analysis
Critical Resource Requirements
Implementation Timelines
Critical Risk Factors
Additional Research Required
Benefits to Manitoba
Business Research visit is required
Create at least one job excluding the business owner or close relative

The Business Concept must clearly demonstrate that the business will be a success. When you receive the LAA, you have to submit a full Business Plan, which should prove the Business Concept.

The Manitoba PNP requirements show you that you have to have two first class business documents. First you have to have a bullet proof Business Concept to get the Letter of Advice to Apply, and then you have to send in a comprehensive Business Plan that should tie in with Business Concept.

The immigration application is extremely important and the client is investing a great deal of money in their application and later in their business. Hundreds of thousands of dollars. Does it make sense to have a cheap business plan, or does your client want a plan that will not be rejected? We have the experience, the qualifications and the people to make sure that the Business Concept and the Business Plan are done right, the first time.

Farming – Farm Investor Pathway (FIP)

Farm Business Investment of at least $300,000 in eligible tangible assets
Net worth of at least $500,000
Interview will be in either English or French
3 years Farm Management experience, which MUST be comparable to Manitoba farming in terms of technology, equipment, methods, scale, output etc.
Understanding of Manitoba farming practices
Must actively farm, not just passive investment income
Farm Business Research visit is required
Must live on and manage the farm
Initial Farm Business concept of approximately 2,000 – 3,000 words (8 to 12 pages)
Farm Business Plan is required with full application

Building real MB PNP Entrepreneur business plans for real businesses.