Preparing the Alberta Business Plan for an Underappreciated Entrepreneur Pathway

1. Preparing the Alberta Business Plan for an Underappreciated Entrepreneur Pathway Are you aspiring to be an entrepreneur? Why not start a business in a country with a growing economy and best policies to support entrepreneurs? Alberta is one such province of Canada that offers the best of Entrepreneur Pathways to budding businessmen. You just need a well-written Alberta Business Plan to make your entrepreneurial start-up a success. Alberta Immigrant Nominee Program (AINP) The Alberta government has started a provincial program named Alberta Immigrant Nominee Program (AINP) to meet the need for workers and entrepreneurs in the province. In October 2020, the provincial government launched two new immigration streams; International Graduate Entrepreneur Immigration Stream and Foreign Graduate Start-up Visa Stream. International Graduate Entrepreneur Immigration Stream – It is applicable for individuals who have got their graduate degrees from the Albertan colleges or universities. In addition to this, the applicant must have – • A valid post-graduation work permit at the time of application submission. • English/ French language proficiency of CLB (Canadian Language Benchmark) 7 in listening, reading, writing and speaking. • Full-time work experience of minimum six months either in Canada or from other foreign country. • Make a business proposition along with a Canadian citizen or PR holding a minimum of 34 percent of the ownership.

2. Foreign Graduate Start-up Visa Stream – This stream is a collaboration amongst the AINP and designated agencies. The provincial government nominate only those foreign graduates for permanent residence who deem eligible and well-prepped for starting a venture by a designated agency. The eligibility criteria for this stream are alike the International Graduate Entrepreneur Immigration Stream. What makes your application stand apart here is the Alberta Business Plan which are carefully reviewed and assessed by the designated agencies. Therefore, crafting a thoroughly researched Alberta business plan is the key to success. The idea behind these streams is to create high-paying employments for locals while diversifying the economy of the province. This must be highlighted in the Alberta business plan. Coupled with your skills and initiatives of growing more opportunities over time to benefit the province & its economy are crucial to turn your entrepreneur pathway into reality. Tips for Alberta Business Plan Alberta Business Plan being a decisive factor in your immigration to Canada as an entrepreneur must be written with utmost care and diligence. Here are enlisted the two key points that define the reason behind your entrepreneur pathway, the goals you want to achieve, and how you will achieve them. Roadmap to Evaluation for Success – The Alberta business plan you are planning to craft is not just a document that will guide you to success. It is significant even after achieving success as it lets you go back to your strategies and make changes to grow further and achieve new heights. Invaluable Pitch for Establishment – Your entrepreneur pathway is incomplete without an invaluable pitch that the Alberta Business Plan offers. An entrepreneur must understand that the business plans are not just for them but for others as well, which can be the immigration officers, investors, or lenders. Thus, it becomes imperative that your Alberta Business Plan must showcase – • Your skills & experience to start and operate a business to success. • Your commitment & dedication to create a comprehensive plan covering finances, operations and marketing. • Use of right tools & processes to record & enhance your performance. In other words, if you want to get started on your Entrepreneur Pathway in Alberta, a well-laid Alberta business plan is the key to success. Taking help of professionals to craft your Alberta business plan is always advisable. Their in-depth knowledge and outstanding communication skills will not only aid in the immigration process but also in building your business idea to a successful business establishment.