Foreign Graduate Entrepreneur Stream

Foreign Graduate Entrepreneur Stream / FGES

Index

  • Introduction
  • Requirements
  • FGES Points Grid
  • Processing Time
  • Fees

Introduction

The Foreign Graduate Entrepreneur Stream is an economic immigration program for qualified foreign educated graduates from outside of Canada who want to launch start-up enterprises and innovative businesses in Alberta.


Requirements

  • Minimum of 6 months full-time work experience that can be a combination of actively managing or owning the business or equivalent.
  • Completion of a degree from a post-secondary institution outside of Canada with an ECA.
  • A business plan with projected financials. Refer to the Business Plan Guidelines.
  • Minimum Canadian Language Benchmark (CLB) level of 5 for each English language skill, official test results must be less than two years old at the time of EOI submission.
  • Must have a minimum of 34% ownership if the business is located in an urban centre or a minimum of 51% ownership if located in regional area outside Calgary and Edmonton Census Metropolitan Areas.
  • A minimum level of investment from candidate’s (or spouse or common-law partner) own equity or from a recognized Canadian financial institution, venture capital, or angel investment firm prior to coming to Alberta. The mandatory minimum investment for an urban centre is $100,000 while the mandatory minimum investment for a regional area is $50,000.
  • Must have a letter of recommendation from an AAIP-approved designated agency.
  • Candidates must demonstrate that they have the funds needed to set up their business and support themselves while they are on a work permit and launching their start-up.


FGES Points Grid

The information provided will be assessed and points will be awarded based on the Foreign Graduate Entrepreneur Stream points grid below. Candidates with the highest-ranking points will be invited to submit a Business Application.

  • EOI
  • Business Plan
  • Pitch Deck
  • Net Worth Worksheet
  • Letter of Recommendation from a Designated Agency
  • Authorization to Collect and Disclose Personal Information for Spouse, Common-Law Partners and Dependents (if applicable)

Processing Time:

The processing time of CIC will be updated weekly, please refer to the latest time announced by CIC.


Fees:

  • The service fee is charged according to the customer’s situation. If the customer’s situation is more complicated, there may be additional charges (refer to customer evaluation).
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We are a licensed immigration company that can legally represent clients in applying for study, work, visitor visa and immigration in Canada. We are composed of a number of licensed immigration consultants approved by the Canadian immigration regulatory authorities. Our business categories include Canadian skilled immigration, express entry immigration, sponsorship immigration, and self-employed immigration. Our characteristics: sincere and attentive, professional and efficient, low prices, high success rate, transparent information.

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