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Migrate To Canada Through Quebec Entrepreneur Program

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Eminent Overseas
Migrate To Canada Through Quebec Entrepreneur Program

Overview


The Quebec Entrepreneur Program is a Canadian migration scheme created to assist international entrepreneurs in starting businesses in the province of Quebec.


For international entrepreneurs with the capital and business ownership expertise required to start a new venture in Quebec, this is a one-of-a-kind migration opportunity. Those who are accepted become citizens of Canada.


Although this migration program is based in the French-speaking province of Quebec, applicants do not need to be fluent in French. Language ability, however, might be taken into consideration when choosing applications.


Beginning on January 1, 2020, all candidates for permanent residency under Quebec's migration policies must demonstrate their familiarity with the province's values. Passing an exam on Quebec values or finishing a course on Quebec values are two ways to get this.


For Whom Is The Quebec Entrepreneur Program Open To Applications?


There Are Two Streams Within The Quebec Entrepreneur Program, And Each Has Its Own Set Of Requirements For Participation:


Stream One


•   The potential migrant entrepreneur must submit a business project concept for a company they want to start and run out of Quebec in order to qualify for Stream One of the Quebec Entrepreneur Program.


•   A service offer from a Quebec-based business accelerator, business incubator, or university entrepreneurship center must already have been made to applicants.


•   There is no list of accelerators, incubators, or centers for entrepreneurship that can benefit immigrant business owners in Quebec.


•   The migrant entrepreneur applicant must show that the business incubator, business accelerator, or university entrepreneurship center satisfies the necessary definition in order to support their company project:


1.   Business Accelerators: There are organizations in Quebec that provide assistance to business owners whose initiatives are meant to foster the expansion of cutting-edge corporations, particularly in getting investment.


2.   Business Incubators: There are organizations in Quebec that provide entrepreneurs with coaching and hosting services for their innovative business ventures.


3.   University Entrepreneurship Centers: They are associated with or managed by academic institutions in Quebec and offer business mentorship services.


Stream Two


•   The potential migrant entrepreneur must choose to settle in Quebec in order to start a new firm or buy an existing one in order to qualify for Stream Two of the Quebec Entrepreneur Program.


•   A business plan describing the applicant's proposed venture must be submitted with the application.


•   If an entrepreneur chooses to start a business, they must own and control at least 25% of its equity capital, and if they want to buy an existing company, they must own and control at least 51% of its equity capital.


•   Additionally, the company must have been operating for at least five years prior to application, and it must have been acquired from an immigrant entrepreneur previously chosen for this program in the five years prior.


For more information, please contact us at 8920523087/9540566315 or email us at [email protected]

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