Entrepreneurs must have business experience. They must have managed a qualifying business and controlled a percentage of equity of a qualifying business for at least two years in the period beginning five years before the date of application.
The entrepreneur class applicant must have a net worth of at least $300,000. Additionally, they must have the intention and the ability to control a percentage of equity of a qualifying Canadian business equal to or greater than 33 1/3%; provide active and ongoing management of the qualifying Canadian business; and create at least one incremental full-time job equivalent for one or more Canadian citizens or permanent residents other than the entrepreneur applicant and their family members.