BC PNP Base Program Business Concept

The BC PNP Base program is tailored for experienced entrepreneurs who have the intention of establishing new businesses or acquiring and growing existing businesses.

At Mikel Consulting, we specialize in guiding determined entrepreneurs through the program, enabling them to establish businesses that align with the province's economic development objectives effectively.

  • $1,250

    Starting Price (CAD)

  • 7-10 Days

    Delivery Timeframe

  • 5-7

    Pages

  • Unlimited

    Revisions

BC PNP Base Program Business Concept

The BC PNP Base program is designed to attract experienced entrepreneurs to British Columbia, fostering economic growth and collaboration by encouraging the establishment of new businesses that align with the province's economic development priorities. The program operates through a clear two-stage process: First, applicants submit a comprehensive online application showcasing their qualifications and business concept. Those with a high score progress to the second stage, submitting a detailed business plan and fulfilling performance agreements, solidifying their pathway to permanent residency.

With a focus on the Base Program, Mikel Consulting offers specialized support to craft a compelling application showcasing your qualifications and business concept, leveraging our comprehensive knowledge of program requirements to enhance your chances of selection and attaining Canadian permanent residency.

  • The cost of a BC PNP base program business concept is $1,250 plus applicable taxes. The exact price may vary depending on the complexity of the business model.

  • Typically, it takes 7-10 business days to complete a BC PNP base program business concept. However, we also offer rushed delivery options for an additional fee.

  • We offer unlimited revisions within a 30-day period to tailor your business plan precisely to your needs and comply with the provincial requirements.

    In the rare event of plan rejection, we provide dedicated support by addressing concerns and making revisions based on immigration officer feedback for resubmission.

  • The concept section for the BC PNP entrepreneurship stream has a specific character count limit instead of a page limit. At Mikel Consulting, we recognize the significance of quality within these character limits. With our experienced team and refined process, we specialize in crafting concise and impactful concepts that effectively showcase your business idea. Our goal is to deliver a compelling concept that meets program requirements and enhances your chances of success.

  • The BC provincial nominee program is very specific with which sections need to be included in the concept. Our business concept aligns with these requirements and includes the following sections:

    Commercial viability:

    • Business model

    • Market and products/services

    • Eligible personal investment

    • Assessment of proposed personal investment

    • Ownership percentage

    • Risk factors

    Transferability of skills:

    • Business owner-manager experience only

    • Senior manager work experience only

    • Language ability

    Economic benefits:

    • Key sectors & significant economic benefits

    • Jobs assessment

    • High-skilled jobs

  • Our streamlined process ensures a smooth and successful journey towards your goals:

    1. Initial Consultation: Discuss your goals with one of our professionals either through email or a phone call.

    2. Ready to Engage: We send a contract and detailed questionnaire specific to the type of plan requested. The questionnaire includes questions about the business details, business model, business strategy, and may request copies of other pertinent documents such as resumes, branding, agreements, and contracts.

    3. Questionnaire Review: One of our team members reviews the completed questionnaire to ensure that we have all the necessary information. If any additional information is required, we will follow up for clarification or additional documentation.

    4. Writing: The business plan writing process begins. This process typically takes 7-10 days but rushed delivery is available.

    5. Revisions: The first draft of the business plan is submitted for review. We revise the plan based on feedback and suggestions.

    6. Delivery: After the content of the business plan is approved, it undergoes a final proofreading session. The plan is then delivered as the final working product.

  • In case of plan rejection, we address concerns and revise the plan based on immigration officer feedback to meet required standards. Our guarantee includes adjustments and revisions to align with specific feedback. Our experienced team works closely with you to understand rejection reasons and increase chances upon resubmission.

Are you looking for help with the base program business plan?

Once you have successfully submitted your online application and received an invitation to proceed to the next phase, it is time to focus on the development of a comprehensive and robust business plan. Crafting a compelling business plan is a crucial step towards securing nomination for the program. To learn more about the importance of a well-crafted business plan and how our expert team can assist you in creating one, visit our dedicated business plan page.

Learn About the BC PNP Base Program Concept

  • The process through the base program can be summarized as follows:

    1. Preparation and research: Before applying to the BC PNP - Base program, you must first determine your eligibility based on the stream requirements. It is recommended to conduct an exploratory visit to British Columbia to learn about business opportunities, the local market, and find the most suitable community to establish your business.

    2. Registration to the BC PNP: Create a profile and submit an online registration to the BC PNP, providing details about your work and/or business experience, education, language ability, net worth, and information about your proposed business in British Columbia. Registrations are typically scored within six weeks, and if invited to apply, you will have four months to submit your application.

    3. Application to the BC PNP: Submit a complete application to the BC PNP, and you may be invited to attend an in-person interview in Vancouver, B.C., to discuss the details of your application. If approved, you'll sign a performance agreement outlining the requirements you must meet to be nominated. Applications are usually assessed within four months, and upon approval, you'll receive a letter of confirmation (work permit support letter) to apply for a work permit from IRCC and begin implementing your business plan in B.C.

    4. Business establishment (work permit) period: After obtaining a work permit, you can start implementing your business plan, making investments, and creating jobs in British Columbia. Additionally, your spouse or common-law partner may apply for an open work permit.

    5. Nomination: Once you fulfill the terms and conditions of your performance agreement, you must submit a Final Report to the BC PNP. If the BC PNP determines that you have met the requirements, you will be nominated for permanent residence. Final Reports are typically assessed within four months.

    6. Application for permanent residence: After receiving the nomination, you, along with your spouse or common-law partner and dependent children (if applicable), may apply to IRCC to become permanent residents of Canada under the Provincial Nominee class.

  • The initial online application for the program is divided between the self-declared adaptability and the business concept.

    To qualify, a minimum total score of 115 points is required, with a total of 200 points available. The self-declared section is worth 120 points, while the business concept section carries 80 points. Must score a minimum of 40 points on the business concept.

    The breakdown of points is as follows:

    Self-Declared Adaptability:

    • Experience & Ownership: A maximum of 24 points can be obtained in this category.

    • Net Worth: Up to 12 points can be awarded based on the declared net worth.

    • Total Personal Investment: This criterion carries a weight of 20 points.

    • Jobs: The number of jobs that will be created or maintained by the business can contribute to a maximum of 12 points.

    • Development region: The population of the development region where the business will be located can earn up to 12 points.

    • Self-declared Adaptability: This section carries the highest weight with a maximum score of 40 points.

    Business Concept:

    • Commercial Viability: The viability of the proposed business concept can earn a maximum of 30 points.

    • Transferability of Skills: Up to 15 points can be awarded based on the extent to which your skills can be transferred to the proposed business.

    • Economic Benefits: The potential economic benefits of the business concept can contribute to a maximum of 35 points.

  • Eligible

    To be eligible for the BC PNP - Base program, you must propose to establish a new business or purchase and improve an existing business that contributes to the economic growth of the province. Franchises may also be considered eligible if they meet specific criteria, such as being well-established and having the necessary support from the franchisor.

    Ineligible

    The following types of businesses are ineligible for the BC PNP - Base program:

    • Immigration-linked investment schemes

    • Businesses with redemption options in their investment terms

    • Businesses that may be considered passive investments

    • Bed and breakfasts, hobby farms, and home-based businesses

    • Payday loan, cheque cashing, money changing, and cash machine businesses

    • Pawnbrokers, tanning salons, DVD rental stores, coin-operated laundries, automated car wash operations, and scrap metal recycling businesses

    • Businesses selling used goods without value-added services

    • Real estate brokerage, insurance brokerage, and business brokerage

    • Real estate development activities

    • Goods trading businesses (e.g., import/export) without demonstrated value-add

    • Businesses involved in producing, distributing, or selling pornography or sexually explicit products or services, or providing sexually oriented services

    • Any other type of business that may bring the BC PNP or the Government of British Columbia into disrepute.

  • The BC PNP will not consider a business proposal for a seasonal business unless you can demonstrate that you will be physically present in British Columbia and will perform an active management role on a year-round basis.

  • Yes, if you are proposing to establish a new farm/agricultural business or purchase an existing one, there are additional requirements. Your business plan should address the issues described in the document "Taking Stock: A Farm Business Planning Workbook For The Beginning Farmer" prepared by the Ministry of Agriculture. Additionally, your plan must demonstrate that you have thoroughly researched the feasibility of your farming operation and have established contact with relevant local stakeholders who can provide support to your enterprise.

  • Yes, some industries face significant regulatory requirements in Canada. While many of these highly regulated industry sectors remain eligible for the BC PNP, entrepreneurs must demonstrate that they are aware of and will be able to meet local, provincial, and federal regulatory requirements. Failure to adequately research and address these requirements may impact the approval of the application and meeting performance agreement obligations. Examples of highly regulated industries include agriculture, cannabis, financial services, healthcare, oil and gas, telecommunications, and more.

  • Speak With An Advisor

    We can’t wait to get you approved!

  • Learn About Our Partner Program

    Partners enjoy added benefits including favourable pricing!