Quebec Entrepreneur Program

This is an idea program for applicants who have a genuine interest to settle in the province of Quebec and have the required business or managerial skills that would enable them to establish (or acquire) a business in Quebec, offering at least one new employment for a resident in Quebec (citizen or permanent resident).

On 28 March 2018, the Quebec government announced changes to this program, dividing the 3 general categories (agriculture, commercial and industrial) into 2 program components. The details of these program components have been elucidated below:

1st Component: Under this component, the Ministère de l’Immigration, et de la Diversité et de l’Inclusion (MIDI) may select entrepreneurs who:

  • Have secured a passing score under the Quebec Economic Class selection grid; AND
  • Have the intention to settle in Quebec to operate/manage the business which the applicant establishes (by himself or herself alone, as well as in partnership); AND
  • Have received an offer of service from an enterprise accelerator, incubator, or a university entrepreneurship centre.

2nd Component: Under this component, the Ministère de l’Immigration, et de la Diversité et de l’Inclusion (MIDI) may select entrepreneurs who:

  • Holds (along with his or her spouse or common-law partner) at least 25% of the total equity of the business he or she has established, or, at least 51% of the total equity of the business he or she has acquired, accounting to a minimum of C$100,000; AND
  • Holds the total equity which is greater than or equal to the start up cost identified for the business under consideration; AND
  • Participate in the business in a managerial capacity, or have active involvement in the day-to-day activities of the business under consideration; AND
  • Establishes or acquires the business that does not carry out restricted commercial activity; AND
  • Is willing to provide a start-up deposit as well as a performance guarantee security deposit; AND
  • Secures at least the minimum score in this entrepreneur program selection grid.

Please see the table below for the complete requirements of this program:

Expression of Interest (EOI) System? Experience Requirement Business Plan Exploratory Visit Requirement Minimum Investment Requirement PR/Work permit Additional Requirements
No Applicant is expected to have at least 2 years of business management experience in the last 5 years and mastered at least 25% of the capital equity. Applicant must have been acquired a good experience in a profitable business (agricultural, industrial, or commercial). Managerial role is also required. Required Not required Applicant must own 25% of the capital equity of the business with a minimum value of $100,000. Applicant must first obtain Quebec Selection Certificate (CSQ) before PR is issued. Applicant must be willing to establish/acquire an agricultural, commercial or industrial business established in Québec.

 

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