What is the Graduate Entrepreneur Stream?
The Graduate Entrepreneur Stream allows international graduates of Alberta post-secondary institutions to apply for permanent residence in Canada. This stream is designed for individuals who want to establish or operate a business in Alberta and contribute to the growth of the local economy.
What are the eligibility criteria for the Graduate Entrepreneur Stream?
To be eligible for the Graduate Entrepreneur Stream, candidates must meet the following requirements:
- Have completed a minimum of two years of full-time education at an Alberta Advanced Education publicly funded post-secondary institution resulting in a degree or diploma.
- Hold a valid post-graduation work permit (PGWP) issued by IRCC at the time of their Expression of Interest (EOI) submission.
- Demonstrate a minimum Canadian language benchmark (CLB) level of 7 in writing, reading, listening, and speaking.
- Establish or purchase a business in Alberta with a minimum ownership of 34%, and the proposed business type must not be on the list of ineligible businesses.
- Have a Canadian citizen or permanent resident as a business partner.
Who can apply?
International graduates of Alberta post-secondary institutions who have completed at least two years of full-time education and hold a valid post-graduation work permit (PGWP) issued by IRCC can apply for the Graduate Entrepreneur Stream. Additionally, they must meet the eligibility criteria mentioned above and be capable of establishing or operating a business in Alberta.
What are the adaptability factors for the Graduate Entrepreneur Stream?
Candidates who have one or more of the following adaptability factors may increase their likelihood of receiving a request to submit a business application:
- 6 months of full-time work experience actively managing or owning a business or equivalent experience.
- Ability to provide economic benefit to Alberta through job creation, investment, intellectual property, etc.
- Age between 21 to 49 years.
- Spouse or common-law partner has at least 1 year of full-time employment in Alberta, completed 2 years of full-time study at an Alberta post-secondary institution, or a minimum level CLB 5 in English or NCLC 5 in French.
- You or your spouse/common-law partner have a relative living full-time in Alberta (father, step-father, mother, step-mother, child, step-child, sister, step-sister, brother, step-brother)
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Can I apply for the Graduate Entrepreneur Stream if I have completed my education outside of Alberta?
No, this stream is only open to international graduates of Alberta post-secondary institutions who have completed at least two years of full-time education.
Do I need to establish a business in Alberta before submitting my application?
No, candidates are not required to establish a business in Alberta until their business application is approved by the AAIP.
What types of businesses are ineligible for the Graduate Entrepreneur Stream?
The proposed business type must not be on the list of ineligible businesses. This list includes but is not limited to, bed and breakfasts, hobby farms, payday loans or cheque-cashing businesses etc.
What happens if I receive a nomination through the Alberta Advantage Immigration Program (AAIP) and I don't apply for permanent residence within 6 months?
If you receive a nomination through the AAIP, you must apply for permanent residence within 6 months. If you don’t apply within 6 months, your nomination will expire, and you will need to reapply through the AAIP if you still want to immigrate to Alberta.
Can I extend my nomination if I can't apply for permanent residence within 6 months?
Yes, you may be able to extend your nomination. To extend your nomination, you must submit a request in writing to the AAIP explaining the reasons why you are unable to apply for permanent residence within the 6-month period. The AAIP will review your request and may grant an extension of up to 12 months.