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Quebec Entrepreneur Program

Immigrate To Québec As An Entrepreneur

By Eminent OverseasPublished about a year ago 3 min read
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Quebec Entrepreneur Program

Immigrate To Québec As An Entrepreneur (Component-1)

Settle In Québec To Start, Operate Or Acquire A Business In Québec.

In the Entrepreneur category, candidates have 2 options through which they can settle in Quebec. First is, to start or operate an innovative business and second is to altogether start a new business.

Start Or Operate An Innovative Business

To immigrate to Québec as an entrepreneur – Starting and operating an innovative business, you must meet the following conditions.

Want to start and run an innovative business in Quebec with the assistance of a support organization?

To start and run an innovative business, you must first settle in Québec.

You must have received a service offer from a support organization, such as:

A Business Incubator

An Incubator For New Businesses Or

A University Centre For Entrepreneurship

The organization that wishes to assist you with your project must meet one of the following criteria:

Business Accelerator: a Québec-based organization that provides assistance to individuals whose business projects aim to grow innovative businesses. It must, in particular, provide a service for obtaining financing.

Business Incubator: a Québec-based organization that provides coaching services to people whose business projects are intended to launch innovative businesses.

University Entrepreneurship Centre: an organisation managed by a higher learning institution incorporated under the laws of Québec or another Canadian province. It could also be an organization associated with such an institution that provides coaching to entrepreneurs.

Have You Received A Service Offer From A Company That Wants To Help You?

The organization must be able to show that it can assist you with your business project. To do so, the organisation must create a service offer that describes the services it intends to provide you in order to complete your project. The service offer allows you to assess the fit between your business project and the organization's ability to support you in carrying it out. The resources used by the support organisation must be sufficient and also tailored to the needs of your project.

The Following Items Must Be Included In The Service Offer:

The Proposed Support Plan: This plan must include a list and description of the services that the organisation intends to provide you in order for your project to be completed.

The Operational Plan: this plan must include a detailed budget as well as a schedule for carrying out the support activities that have been assigned to you.

A description of the expertise of the support organization: the service proposal must demonstrate the organization's skills and achievements in relation to your project.

When you submit your application for permanent residence, you must include the support organization's service offer and any supporting documents.

Immigrate To Québec As An Entrepreneur (Component-2)

Starting Or Purchasing A Business

To be eligible for Component 2 of the Québec Entrepreneur Program and to immigrate to Québec as an entrepreneur to start or acquire a business, you must.

List Of Conditions That Must Be Met

Create a set up in Québec to start or buy a business.

You must intend to run this company.

Maintain a minimum net worth

You must have a net worth of at least $900,000 in Canada.

This net worth can be shared with your spouse or common-law partner who is accompanying you to Québec.

You must be able to prove your net worth's legal origin and accumulation.

Submit Your Business Project As A Business Plan.

Own and control a portion of the company's equity.

If you decide to start a business, you must own and control at least 25% of the company's equity.

If you decide to buy a business, you must own and control at least 51% of the company's equity.

Manage the company

You must be actively involved in the management and day-to-day operations of the business you want to start or acquire.

For More Information, Please Contact Us .

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About the Creator

Eminent Overseas

Eminent Overseas is one of the most competent firms for exploring study abroad and migration related options. we have more than 14 years of experience as Education and migration Consultants. https://www.eoec.in

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