British Columbia PNP Draw: First 2024 Provincial Round Announced

*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" tabindex="-1" data-turn-id="request-WEB:8ee2a34e-dbb6-4a79-a895-fdd81a8b5dc3-5" data-testid="conversation-turn-10" data-scroll-anchor="true" data-turn="assistant"> British Columbia has officially kicked off its first Provincial Nominee Program (PNP) draw of 2024 under the Entrepreneur Immigration Program, signaling continued support for business-driven immigration. The draw, conducted on January 13, 2026, invited candidates demonstrating strong potential to establish new businesses or acquire and expand existing enterprises in the province. This initiative aligns with BC’s broader strategy to stimulate economic growth, create employment opportunities, and attract experienced entrepreneurs.

Draw Results and Candidate Selection The latest BC PNP draw through the Base Entrepreneur stream issued a total of 57 invitations to apply (ITAs), with a minimum score threshold of 115 points. The Base stream remains the most active component of the Entrepreneur Immigration Program, having conducted ten draws throughout 2025 that resulted in at least 93 ITAs. The draw system prioritizes candidates based on a points-based scoring framework that evaluates business experience, investment capacity, job creation potential, and the overall feasibility of proposed business plans.

Overview of the Base Entrepreneur Stream The Base Entrepreneur stream targets seasoned entrepreneurs seeking to establish a new business or take over an existing business in British Columbia without the need for a community referral. Typically, applicants must demonstrate a personal net worth of approximately $600,000 and commit to an investment of roughly $200,000, though these requirements may vary depending on the specific business plan. Candidates interested in acquiring or expanding existing businesses must generally secure at least one-third ownership.

Applicants begin by registering in the BC PNP Entrepreneur system, which calculates a preliminary score based on eligibility criteria and business proposals. High-scoring candidates are then invited to apply in subsequent draws. Once an invitation is received, entrepreneurs submit a detailed application, including their proposed business plan, financial documents, and proof of investment. Approved candidates are issued a work permit to establish and operate their business in BC, and upon meeting program obligations, they receive a provincial nomination for permanent residence. This nomination allows them to apply directly to Immigration, Refugees and Citizenship Canada (IRCC) for permanent residency.

Implications for Prospective Entrepreneurs For international entrepreneurs , the BC PNP Base stream provides a clear pathway to permanent residence while contributing to the local economy. Prospective applicants should ensure that their business plans are robust, financially viable, and aligned with provincial economic priorities. High-scoring candidates with strong investment potential are more likely to receive ITAs in competitive draws. Additionally, applicants should be prepared to comply with work permit and business operation requirements before receiving their PR nomination, as adherence to program conditions is critical for successful permanent residency outcomes.