Latest News Canada: Listen Entrepreneurs here is OINP First Draw

Latest News Canada- Listen Entrepreneurs here is OINP First Draw

On 27th January 2023. The OINP latest Canada Draw 2023 was held and issued 10 Invitations to the candidates with minimum score between 137 and 162 above are invited in this Draw. This latest Canada draw was held under Entrepreneur stream. Applicants who submitted their EOI on or before 20th january 2023 were eligible for the invitations. Eligible Applicants may submit their applications for Canada PR within 14 Days after Receiving the ITAs. Right now the Government releases bumper job openings in Canada, candidates who want to immigrate to Canada can apply for it.

Pointers of OINP Draw :
  • Ontario held PNP draw on 27th January
  • Total 10 candidates were invited in this Latest Canada Draw
  • 20 ITAs were issued for Entrepreneur Stream
  • Minimum score for Entrepreneur stream is 137 and 162
  • OINP held its first draw of 2023 for Entrepreneur Stream
  • Last draw for Entrepreneur stream was held on 16th August 2022.

OINP Draw of 2023 under Entrepreneur Stream

Date of Draw

NO. of ITAs issued

Score Range

Stream

27th January 2023

10

137-162

Entrepreneur Stream

16th August 2022

28

138-160

Entrepreneur Stream

What are the Financial Requirements of Entrepreneur Stream in OINP Latest Canada Draw
  1. Inside Greater Toronto, Candidates need a business proposal and an investment of $800,000.
  2. Outside Greater Toronto, candidates need a business proposal and an investment of $400,000
  3. For ICT or Digital communication, candidates need a business proposal and an investment of $400,000. 
What are the Non-Financial Requirements of Entrepreneur Stream in OINP Latest Canada Draw
  1. Candidates should have business experience of 2 years in the past 60 months as a senior manager or owner
  2. If the Candidates business is in the GTA, then they have to create 2 jobs for Canadian Citizens or permanent residency
  3. If the candidate’s business is outside the Greater Toronto Area, they have to create one job in ICT or Digital Communications. 
  4. Candidates have to make a visit to Ontario 12 months before submitting the application. 
  5. Candidates’ English or French language skills should be CLB 4.
  6. Applicants have to be there in Ontario at least 75 percent of the time to manage the business.
Hansika Bari

Hansika Bari

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