Graduate Entrepreneur Stream – Eligibility
Overview The Graduate Entrepreneur Stream allows Alberta to nominate qualified international graduates from Alberta post-secondary institutions who want to establish or operate a business in Alberta to apply for permanent residence. Who is an entrepreneur? An entrepreneur is a person who sets up a business with the aim to make a profit. An entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services and business/or procedures. Entrepreneurs play a key role in Alberta’s economy, using their skills and initiative to anticipate needs and creating jobs for Albertans. Entrepreneurs who prove to be successful in taking on the risks of a start-up business are rewarded with profits and continued growth opportunities.
Grant Deadline
Deadline not available
Funding Amount
Deadline not available
Type of Grant
Hiring
Sectors
All Sectors
Demographics
Incorporation
For Profit
Perks
Region Restriction
This grant is restricted to whole of Canada
Keywords
Age Restriction
This grant is age restricted from 21 to 49
Eligibility and Requirements
Eligibility criteria
To be eligible for this stream, candidates must meet the following criteria:
Table 1. Requirements for Graduate Entrepreneur Stream
Education
Have completed at least two years of full-time education, resulting in a degree or diploma from an Alberta Advanced Education publicly funded post-secondary institution.
Work permit
Have a Post-Graduation Work Permit (PGWP) issued by Immigration, Refugees and Citizenship Canada (IRCC), which is valid at the time of your Expression of Interest (EOI) submission.
Language
Have a minimum Canadian Language Benchmark (CLB) level of 7 for each English language skill or Niveaux de compétence linguistique canadiens (NCLC) of 7 for each French language skill: reading, writing, listening and speaking. Official test results must be less than 2 years old at the time your EOI is submitted. Alberta Advantage Immigration Program (AAIP) only accepts the following language tests:
- Canadian English Language Proficiency Index Program (CELPIP) General Test
- International English Language Testing System (IELTS) General Training Test
- Test d'évaluation de français (TEF) Canada
- Test de connaissance du français (TCF) Canada
Check the federal guideline on CLB/NCLC equivalency for each of the tests.
Business establishment
Must establish a new business or buy an existing business in Alberta with a minimum 34% ownership. The proposed business type must not be on the list of ineligible businesses.
Candidates are not required to establish a business in Alberta until their Business Application is approved by the AAIP. Find resources on how to establish a business in Alberta, including supports and services related to business plan development, business start-up, and business loans.
Business Partners must be Canadian Citizens or Permanent Residents.
Table 2. Factors that increase your chances
Work experience
Have a minimum of 6 months of full-time work experience that can be a combination of actively managing or owning the business or equivalencies. Equivalencies include experience with a business incubator or business accelerator, or completion of entrepreneurship program courses.*
Work experience can be acquired:
- from outside Canada or within Canada
- before or after completing Alberta education
Alberta education credential used to meet both education and work experience criteria must cover the minimum required duration for both education and work experience.
Economic benefit
Can provide economic benefit to Alberta through:
- job creation
- economic sector
- business location (for example, rural)
- business succession
- investment
- developed intellectual property
- partnership or support from business incubator/accelerator, venture capital or angel investor
Age
21 to 49 years
Spouse
Your spouse or common-law partner has at least one of the following:
- at least 1 year of continuous full-time employment in Alberta
- completed at least 2 years of full-time study at a post-secondary institution in Alberta
- a minimum level CLB 5 in English or NCLC 5 in French in all 4 language abilities (Reading, Writing, Listening, Speaking)
Alberta relative
You, or your spouse or common-law partner, have one or more of the following relatives living full-time in Alberta: father, step-father, mother, step-mother, child, step-child, sister, step-sister, brother, step-brother
Grant Application website
https://www.alberta.ca/aaip-graduate-entrepreneur-stream-eligibility.aspx
Contact
Contact
Connect with the program if you have questions: