New Brunswick Entrepreneurial Stream

Low Investment of $250,000 required

Business Requirements:

Your business must be:

  •  _of economic benefit to the province;
  •  _you must have a minimum of 33.33 percent ownership and assume an active senior management role in the day-to-day operation of the business;
  •  _established as a sole proprietorship, partnership or corporation; (in the case of a partnership, the other partner(s) must be a Permanent Resident or Canadian Citizen);
  •  _the continued operation of an existing business or the establishment of a new business;
  •  _a private-sector, for-profit entity with the primary purpose of earning profits through the sale of goods and/or services;
  • _considered a “permanent establishment” as defined under subsection 400(2) of the Canadian Income Tax Regulations, 1985

Economic Benefits:

Priority processing may occur for applications with business plans that have the greatest potential to create significant economic benefit through:

  • _increased value-added manufacturing or processing for New Brunswick exports;
  • _enhanced research and development;
  • _development of new products and/or services;
  • _development of innovative approaches to traditional businesses;
  • _development and/or enhancements of new technologies;
  • _the transfer of technology and specialized knowledge to New Brunswick;
  • _providing products and/or services to an under-served local or regional market; and
  • _other, as determined by PETL.


When investing in a business, you must:

  • _make an eligible business investment of not less than CAD $250,000 before tax., PETL will not consider items purchased for personal use including, but not limited to, your principal residence and motor vehicles as part of your minimum eligible investment;
  • _control at least 33.33 per cent equity in the business
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