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What is NorthWest Territories Business driven Stream?
Under the Northwest Territories Nomination Program’s business-driven streams, entrepreneurs with large investment amounts who desire to stay permanently and establish a firm can apply.
What is the eligibility criteria?
| Requirement | |
| Active Profile (Express Entry) | Not required |
| Provincial Connection | Not required |
| Job Offer | Not required |
| Language Proficiency | CLB 4 |
| Level of Education | No minimum benchmark |
| Work Experience | No minimum benchmark |
| Investment | CAD $150,000 |
| Net Worth | CAD $250,000 |
How Can I Apply For This Program?
Applications from qualified applicants are accepted at any time for the Northwest Territories Entrepreneur stream. Prospective applicants are required to create a workable business plan and travel to the Northwest Territories for at least one business trip in order to familiarize themselves with the local business climate. Candidates must take part in an interview with staff from the Northwest Territories Business Stream after the business trip. Following the interview, if the candidate showed sufficient understanding of the business climate in the Northwest Territories and had a strong business plan, they would be encouraged to submit documentation in support of their proposed venture. The submission of these supplementary records is required within 60 business days. The applicant will be given the opportunity to submit a formal application to the programme if the Business Stream personnel are pleased with these papers. The candidate accepts this offer once they do.
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