
Northwest Territories Nominee Program — Entrepreneur Business Stream
Program |
Northwest Territories Nominee Program -Entrepreneur Business Stream |
Minimum Net Worth | For businesses in Yellowknife: $500,000 OR for businesses outside Yellowknife: $250,000 |
Minimum Investment | In Yellowknife: $300,000 & at least 33.3% ownership OR outside Yellowknife: $150,000 & at least 33.3% ownership OR $1,000,000 investment |
Experience | Relevant business experience required |
EOI System | No |
Managerial Role | Required |
Business Plan | Required |
Exploratory Visit | Required |
Interview | Required |
Refundable Deposit | $75,000 |
PR/Work permit | 2-year work permit; PR contingent on meeting program requirements |
Additional Requirements | CLB 4 in English or French
Business must generate significant benefits for the Northwest Territories, including jobs for local residents. |