Ideas Inc. and BHP Billiton have teamed up to create the Empower Business Program for Saskatchewan First Nations and Métis entrepreneurs. The program will help entrepreneurs get the resources and training they need to start and grow their businesses.

The program is taking applications from December 1, 2012 to January 31, 3013. Interested entrepreneurs should visit the Ideas Inc. website or send an email to empower @ saskatoonideas.com. If you are thinking of starting a business and you qualify for the program, this would be an excellent way for you to get help in getting your business of the ground.

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BC Reviews PNP Options For Business Immigrants

by Scott on November 21, 2012

The BC PNP has two options through the business immigration stream – the Fast Track nomination option and the regular process. As of November 15, 2012, the government is suspending the Fast Track option as it reviews the effectiveness of the program.

Under the Fast Track option, business applicants who had obtained a PNP-supported work permit and had arrived in BC could request immediate nomination for permanent residence if they posted a $125,000 bond with the Province. The bond would be refunded once the applicant met his or her obligations under the program.

Under the regular process, there is no performance bond and applicants are only nominated once they have established a business.

Since 2007, 26 Fast Track nominees have completed their performance agreements compared with 261 business applicants who have gone through the regular process.

A graph showing 26 Fast Track and 261 regular process nominations

Although BC is suspending the Fast Track option while the review is being conducted, this will have no impact on the regular process in the business immigration stream. This change will have an impact on some immigrants, but for the vast majority of immigrants under the business stream of the BC PNP, BC remains open for business.

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Canadian Immigration Trends

November 14, 2012

Take a look at the immigration trends infographics below (via Niren and Associates). They reflect the positive impact that immigration is having on the Canadian population. Courtesy of: Niren & Associates

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Understanding The Saskatchewan Small Business Loans Association (SBLA) Program

October 29, 2012

The SBLA program is a provincial government program that is administered through local community-run loan associations. An individual business can borrow up to $20,000 to start or expand a business. Eligible Borrowers The program is meant to provide financing to new businesses or existing businesses that want to expand. It is meant to fill the [...]

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Major Changes Being Proposed to Canadian Small Business Financing Program

October 18, 2012

Industry Canada is proposing major changes to the CSBFA that would take effect April 1, 2013. The proposal is currently under a 30 day consultation period that began last Saturday. The main changes to the current program are: The maximum interest rate would increase by 0.75% to prime + 3.75% or the residential mortgage rate [...]

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Clarence Campeau Develops New Programs for Métis Women and Youth Entrepreneurs

August 9, 2012

The Clarence Campeau Development Fund has created the Métis Women’s Equity Program and the Métis Youth Equity Program (18–35 years old). The Métis Women’s Equity Program The Métis Women’s Equity Program offers equity assistance of up to 65% of project costs to a maximum of $10,000. Total project costs cannot exceed $25,000, (excluding working capital). [...]

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Wave Accounting Summer 2012 Small Business Owners Survey

June 21, 2012

The folks over at Wave Accounting have released the results of their small business survey. The nifty info-graphic below is courtesy of them.

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Canada Working on Startup Visa For Immigrant Entrepreneurs

May 2, 2012

The Federal Government is going to launch consultations to develop a startup visa to attract entrepreneurs. It is important to understand what this means in the context of the different types of entrepreneurs. Details on this startup visa are still scarce but it seems that the government will be looking for scalable startup entrepreneurs rather [...]

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Good Money Impact Venture Challenge

February 27, 2012

Vancity is sponsoring a competition to help post-secondary and recent post-secondary graduates grow for-profit businesses that have a positive social or environmental impact. Applicants must submit an 8 page business plan that includes a description of the positive environmental or social impact of the business. Vancity personele will judge the plans based on their merits [...]

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Saskatoon Entrepreneurship Contest For Prospective Retailers

January 24, 2012

The Centre shopping mall in Saskatoon is running an entrepreneurship contest for Saskatoon entrepreneurs. The contest is eligible to Saskatoon area residents over the age of 18 who have a business plan and the financial backing to start their business. The winning business must be able to be operated at The Centre. Prices include 3 [...]

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