British Columbia Provincial Nominee Program Holds First Entrepreneur Draw of 2026

*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" tabindex="-1" data-turn-id="request-699e80c2-461c-832e-b57d-b4e3b2095499-0" data-testid="conversation-turn-36" data-scroll-anchor="true" data-turn="assistant"> British Columbia has launched its first entrepreneur-focused provincial draw of 2026, continuing its efforts to attract experienced business owners capable of generating employment and stimulating regional economic growth. The January 13 selection round was conducted under the Base stream of the province’s Entrepreneur Immigration Program.

The draw required a minimum registration score of 1157, signaling a competitive selection environment for prospective candidates seeking to establish or acquire businesses in the province.

Base Stream Remains Highly Active Throughout 2025, British Columbia conducted ten draws under the Base Entrepreneur stream, issuing at least 93 invitations to apply. This consistent draw activity positioned the Base stream as one of the province’s most active immigration categories last year.

The strong draw frequency suggests ongoing demand for entrepreneurial talent capable of contributing capital investment and job creation across British Columbia’s diverse economic sectors.

Key Requirements Under the Base Entrepreneur Stream The Base stream is designed for experienced entrepreneurs who intend to either launch a new business or purchase and expand an existing enterprise in British Columbia. Unlike the Regional stream, the Base stream does not require a community referral, but it typically carries higher financial thresholds.

While specific requirements may vary depending on the proposed business model, applicants generally must demonstrate:

A minimum personal net worth of approximately 600,000 CAD

A minimum eligible investment of around 200,000 CAD

At least one-third ownership in the proposed or acquired business

Candidates may also qualify by making a larger investment if they hold a smaller ownership percentage.

Compared to the Regional Entrepreneur stream, the Base stream provides greater flexibility in business location but demands stronger financial capacity and operational experience.

Step by Step Process for Entrepreneur Applicants The Entrepreneur Immigration process in British Columbia typically unfolds in several structured stages.

First, candidates register through the provincial entrepreneur system and receive a score based on factors such as business experience, investment capacity, job creation potential, and adaptability.

Second, if their score meets or exceeds the competitive threshold in a draw, they receive an invitation to apply.

Third, after submitting a full application and receiving approval, successful candidates obtain a work permit to establish or acquire their business in the province.

Fourth, entrepreneurs must actively manage and operate the business in British Columbia while meeting performance commitments outlined in their business plan.

Finally, once all conditions are satisfied, the province may issue a nomination for permanent residence. After nomination, candidates apply directly to Immigration, Refugees and Citizenship Canada for permanent resident status.

What This Means for Business Immigration Candidates The minimum score of 1157 in this first draw of 2026 indicates a highly competitive selection process. Entrepreneurs considering British Columbia should focus on strengthening their registration profile by:

Demonstrating substantial prior business ownership or senior management experience

Presenting a well-structured business plan aligned with provincial economic priorities

Showcasing strong job creation potential

Providing clear proof of legally obtained net worth and investment funds

Given the program’s structured pathway from work permit to permanent residence, entrepreneurs must be prepared for both financial commitment and active day to day business involvement.

British Columbia remains one of Canada’s most attractive destinations for business immigration due to its diverse economy, strong trade connections, and growing innovation sector. However, competition for invitations continues to rise.

Prospective applicants are encouraged to assess their eligibility carefully and ensure that their business proposal demonstrates clear economic benefit to the province.