The British Columbia Entrepreneur Immigration stream employs a specific points-based system to evaluate and rank candidate profiles. This system ensures that only applicants with the highest scores, indicating a strong potential for successful business ventures in BC, receive invitations to apply. It’s important to highlight that the BC Entrepreneur Regional Pilot operates under a distinct ranking mechanism.

Breakdown of Scoring Criteria

Self-declared Factors (Maximum 120 Points):

• • Experience: Up to 20 points
  • Ownership: Up to 4 points
  • Net Worth: Up to 12 points
  • Total Personal Investment: Up to 20 points
  • Jobs Creation: Up to 20 points
  • Regional District Benefits: Up to 12 points
  • Adaptability: Up to 32 points

Business Concept Factors (Maximum 80 Points):

• • Commercial Viability: Up to 30 points
  • Transferability of Skills: Up to 20 points
  • Economic Benefits: Up to 30 points

Business Owner-Manager Experience:

• • Less than 12 months: 0 points
  • 12 to 24 months: 4 points
  • 25 to 36 months: 6 points
  • 37 to 48 months: 12 points
  • 49 to 60 months: 15 points
  • More than 60 months: 20 points

Senior Manager Work Experience:

• • Less than 24 months: 0 points
  • 24 to 48 months: 4 points
  • 49 to 60 months: 8 points
  • More than 60 months: 12 points

Business Ownership

• Less than three years of 100% ownership in the last five years: 0 points
• At least three years of 100% ownership in the last five years: 4 points

Personal Net Worth

Total Current Assets:

• • Less than $50,000: 0 points
  • $50,000 to $199,999: 2 points
  • $200,000 to $399,999: 3 points
  • $400,000 or more: 4 points

Total Personal Net Worth:

• • Less than $600,000: 0 points
  • $600,000 to $799,999: 5 points
  • $800,000 to $1,999,999: 6 points
  • $2,000,000 to $4,999,999: 7 points
  • $5,000,000 or more: 8 points

Total Personal Investment

• Less than $200,000: 0 points
• $200,000 to $399,999: 8 points
• $400,000 to $599,999: 10 points
• $600,000 to $999,999: 11 points
• $1,000,000 to $1,999,999: 12 points
• $2,000,000 to $3,999,999: 14 points
• $4,000,000 to $7,999,999: 16 points
• $8,000,000 or more: 20 points

Job Creation Potential

The number of full-time equivalent (FTE) jobs you propose to create in BC significantly influences your score:

• Less than 1 job: 0 points
• 1 job: 8 points
• 2 jobs: 9 points
• 3 jobs: 10 points
• 4 jobs: 11 points
• 5 jobs: 12 points
• 6 jobs: 13 points
• 7 to 9 jobs: 14 points
• 10 to 19 jobs: 16 points
• 20 or more jobs: 20 points

Business Location

The location of your proposed business in BC’s regional districts can add to your score:

• Over 500,000 population: 0 points
• 200,000 to 499,999 population: 1 point
• 100,000 to 199,999 population: 3 points
• 70,000 to 99,999 population: 6 points
• 60,000 to 69,999 population: 8 points
• 35,000 to 59,999 population: 10 points
• Under 35,000 population: 12 points

Adaptability Factors

Various personal qualifications contribute to your adaptability score:

English Language Proficiency:

• • CLB 3 and below: 0 points
  • CLB 4: 2 points
  • CLB 5 and above: 4 points

Education Level:

• • Secondary or less: 0 points
  • Associate degree, Diploma/Certificate (non-trades or trades): 2 points
  • Bachelor’s, Post-graduate diploma/certificate: 5 points
  • Master’s, Doctorate/PhD: 8 points

Age:

• • Under 25: 0 points
  • 25 to 34: 4 points
  • 35 to 44: 8 points
  • 45 to 54: 6 points
  • 55 to 64: 4 points
  • 65 or older: 0 points

Business Exploratory Visits to BC:

• • Over 3 years ago: 0 points
  • 1 to 3 years ago: 1 point
  • Less than 1 year ago (not to business district): 2 points
  • To business district, less than 1 year ago: 4 points

Canadian Experience (Work, Business, or Studies) for 12+ Months:

• • No: 0 points
  • Yes: 8 points

Business Concept Viability (Up to 30 Points)

Business Model Evaluation:

• • Unclear or Unsatisfactory: 1 point
  • Fair: 5 points
  • Good: 10 points

Market and Product/Service Strategy:

• • Does not address Market/Product factors: 1 point
  • Addresses at least one factor, aligning with the business model: 4 points

Personal Investment Criteria:

• • Below $200,000 or less than $50,000 in expansion: 0 points
  • $200,000 to $399,999: 1 point
  • $400,000 to $599,999: 2 points
  • $600,000 to $799,999: 3 points
  • $800,000 or more: 4 points

Investment Plan Assessment:

• • Does not match the business type or scale: 0 points
  • Matches the business type and scale: 4 points
  • Fully aligns with business, market, products/services, model, and industry standards: 6 points

Ownership Proportion:

• • 100% ownership: 4 points
  • 50% to less than 100% ownership: 3 points
  • 33 1/3% to 50% ownership: 2 points
  • Under 33 1/3% ownership: 0 points

Identified Risk Factors:

• • Includes external financing, investment over 50% of PNW, or co-registrant partnership: 0 points
  • None of the identified risks: 2 points

Skills Transferability (Up to 20 Points)

Business Experience:

• • Varies from 2 to 20 points, based on months of direct or related experience in business.

Work Experience:

• • Ranges from 2 to 14 points, determined by the duration and relevance of direct work experience.

Language Proficiency:

• • Minimal or none: 0 points
  • Basic proficiency: 1 point
  • Intermediate or above: 2 points

Economic Benefit Contributions (Up to 30 Points)

Sector and Economic Impact:

• • Does not demonstrate sector or economic benefits: 3 points
  • Validates at least one sector or significant benefit: 8 points
  • Confirms both a key sector and significant economic benefit: 12 points

Job Creation Assessment:

• • Does not support at least 1 FTE position creation: 0 points
  • Job plan aligns with business type and scale: 6 points

High-skilled Position Plans:

• • Does not propose high-skilled roles: 0 points
  • Supports the creation/maintenance of 1 high-skilled position: 2 points
  • Supports 2 or more high-skilled positions: 4 points

Regional Development:

• • Scores vary from 2 to 8 points based on the business location within BC’s regions.