On September 29, the government of Manitoba has issued 31 Letters of Advice to Apply (LAAs) under the Business Stream category. Applicants who received invitations in this draw claimed points between 90 to 95.
The positive thing for people who want to apply under Manitoba Business Stream is that required points have been dropped to 90 points. Out of 31 candidates, 21 candidates had 90 points who received Letters of Advice to Apply (LAAs).
The MPNP-B allows Manitoba to recruit and nominate qualified business people with the intent and ability to reside in the province and make a significant investment in a new or existing business and hold an active managerial role. Manitoba’s MPNP-B promotes the province’s economic growth as it is designed to retain successful business owners and professionals with executive-level experience.
Read More: Manitoba Business Investor Stream
Potential applicants are first required to register under a unique Expression of Interest (EOI) system, whereby they submit their intention to apply to the program. Much like the federal Express Entry system, interested applicants begin the process by creating an online profile on the MPNP website. The profiles of candidates are then placed into the MPNP-B EOI pool and are assigned a score based on an assessment of their age, business knowledge and experience, net worth, language ability, and connection to Manitoba.
The highest-ranked candidates are invited to apply by receiving an LAA from the MPNP. After receiving an LAA, candidates have 60 days to submit their application to the program.
Read More: Eligible Farm Business Investments
Over the same period through since the last draw, which occurred on September 1, a total of 30 applications were received, including applications submitted under the Farm Strategic Recruitment Initiative (FSRI). The FSRI initiative targets applicants who will live on a farm in rural Manitoba and manage the everyday operations of the farm.
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