Ontario New Entrepreneur Pilot
The Ontario Immigrant Nominee Program (OINP) announced that the Toronto Business Development Centre (TBDC) has been selected to deliver the Entrepreneur Pilot for two-years.
The Entrepreneur Pilot will help 100 immigrant entrepreneurs to establish and grow businesses across the province outside of the Greater Toronto Area. The jobs and investments these businesses generate will help to support soon to be selected regions needing the most help recovering from COVID‑19.
Many new immigrants are looking for business opportunities, while smaller communities are looking for investment. To help create more jobs in smaller communities, Ontario is investing $6 million over three years for a pilot program to expand opportunities for foreign investors to establish new, or purchase and expand existing businesses in Ontario outside of the Greater Toronto Area (GTA).
