How Can an Alberta Business Plan help You reach the Entrepreneur Pathway

1. How Can an Alberta Business Plan help You reach the Entrepreneur Pathway? An attractive location to start and run a business coupled with the lowest corporate tax and no additional sales tax, Alberta offers the best to aspiring entrepreneurs. Draft a well-thought-out and comprehensive Alberta Business Plan to build a strong case for immigration. Business plans play a key role in crystallizing a pragmatic approach to reaching your entrepreneur pathway. Alberta Business Plan for AINP The Alberta Immigrant Nominee Program (AINP) of the Albertan Government is an outstanding initiative to boost entrepreneur pathways. AINP aims at identifying young and skilled aspirants seeking to be their own bosses by either purchasing an existing business in the province or setting up a new one from scratch. The platform offers three different streams for such budding entrepreneurs that allow them to apply for permanent residence later. These platforms are – · International Graduate Entrepreneur Immigration Stream – This stream is aimed at foreign graduates who have studied full-time for a minimum of two years from any designated post- secondary institute of Alberta. To qualify for this stream, the foreign graduates must have – · A degree or diploma in any subject · Valid post-graduation work permit after the completion of a degree or diploma · Work experience of minimum six months in actively managing or operating a business · Language proficiency of CLB (Canadian Language Benchmark) 7 each in listening, reading, writing and speaking either in English or French

2. · Viable business idea or 34 percent ownership in an already existing Alberta business The aspirants who meet the eligibility criteria are open for submitting an expression of interest in starting a new or existing business in the province. If found suitable, the Government of Alberta nominates the qualified graduates to submit the business application along with a well-written Alberta business plan. The Alberta business plan is vital in receiving the Business Approval Application Letter to get started with your Entrepreneur Pathway. · Self-employed Farmer Stream – AINP works in close alliance with the Alberta Agriculture & Forestry to enhance farming and agriculture business in the province. Their focus lies on applicants with sufficient funds and good farm management skills. The eligibility criteria to apply for the self-employed farmer stream includes – · Education & training relevant to start and build a sustainable farm business · Farm management experience with an existing farm business · An Alberta business plan for your farming entrepreneur pathway · A minimum net-worth of CAD 500,000 or validation to have access to these funds for investment in farming business · Documents proving financing from a Canadian financial institution to start and run the proposed farming venture Besides these eligibility criteria, the Alberta Business Plan must emphasize clearly how your entrepreneur pathway will contribute towards the agriculture industry of Alberta. · Foreign Graduate Start-up Visa Stream – The Alberta Government encourages foreign graduates with fresh business ideas to apply under this stream. This stream is a collaboration between AINP & Platform Calgary, working hand-in-hand to select and nominate the best with innovative business ideas. The program is ideal for candidates with – · An excellent Alberta business plan, highlighting the course of operations to be successful in the Alberta market. · Adequate funds to meet the minimum investment requirement to start a business. · Minimum six months of experience in business either as an owner or senior manager. · Meet the CLB 7 requirement for language proficiency in English or French. AINP & Platform Calgary focuses on the financial viability of the business, seeking if the business is able to generate revenue in the first year. A well-laid Alberta business plan can prove to be an asset that clearly explains how you will run and grow the business to attain your entrepreneur pathway. If you meet the requirements for any of these three streams, all you need is an excellent Alberta business plan to reap the benefits of an Entrepreneur Pathway.