The New Brunswick Provincial Nominee Program operates an Entrepreneurial Stream and Post-Graduate Entrepreneurial Stream aimed at professionals and graduates from New Brunswick institutions.
Entrepreneurial Stream Requirements
- – Have an eligible connection to New Brunswick.
- – Be aged between 22 and 55.
- – Minimum of two years post-secondary education degree or diploma.
- – Score at least level 5 on the Canadian Language Benchmark exam for speaking, listening, reading and writing in English or French.
- – Have completed at least two years of full-time post-secondary education.
- – The legally-acquired personal net worth of at least $600,000, of which $300,000 must be available in unencumbered liquidity.
- – Invest at least $250,000 in a New Brunswick business, taking ownership of at least 33 percent.
- – Sign a Business Performance Agreement with the New Brunswick provincial government and pay a deposit of $100,000.
- – Business must create significant economic benefits to New Brunswick.
- – Show business experience – either three years of ownership or five years of senior management experience in the last five years.
- – Submit a business concept of 1,000 to 1,500 words.
- – Conduct an exploratory visit to New Brunswick, or participate in an information session offered by the New Brunswick provincial government.
- – Intend to live permanently in New Brunswick.
Post-Graduate Entrepreneurial Stream Requirements
- – Be aged between 22 and 40.
- – Score at least level 7 on the Canadian Language Benchmark for speaking, listening, reading and writing in English or French.
- – Have completed at least two years of full-time post-secondary education at a recognized New Brunswick university or community college.
- – Have lived in New Brunswick for the duration of the course (distance-learning courses do not qualify).
- – Have 100 percent owned and operated a business for one full year.
- – Have a valid Post-Graduation Work Permit.
- – Intend to live permanently in New Brunswick.