Saskatchewan announces schedule of selections for entrepreneurs for 2024
We have a total of four raffles waiting for us.
Saskatchewan has shared the schedule of immigration draws under a special stream for entrepreneurs. The province will hold a total of four such draws in 2024:
- January 11;
- April 11;
- July 11:
- October 10.
Also, according to the updated guidelines, applicants cannot change their business plan once they have submitted their application.
Selection for the Saskatchewan Entrepreneur Program is in two stages:
- Applicants who meet the selection criteria are accepted into the Expression of Interest pool.
- Within the EOI pool, candidates are scored and ranked using a grid of points.
An applicant wishing to enter the pool must meet several requirements:
- Have a business plan ready;
- Have 3 years of management or business ownership experience within the last 10 years;
- Possess CA$ 500,000 of capital and be willing to invest CA$ 200,000 or more in the business;
- Own one-third of an established or purchased business in the province OR invest more than CA$ 1 million.
You can read more about Saskatchewan's business immigration flow here. You can also read history of selections in the province.
In 2023, the province held 6 selections for entrepreneurs, sending a total of 209 invitations.
