NB Pilot Program Aims to Retain International Student Entrepreneurs

Source: NB News Release via Academica

New Brunswick has launched a three-year pilot project that will help international students hoping to start businesses in the province. Through the initiative, graduates of the University of New Brunswick’s J Herbert Smith Centre for Technology and Entrepreneurship will receive help applying for permanent residency in Canada. Applicants to the program must invest a minimum of $10,000 in a new business, have an active management role in the company, and commit to not selling their business for at least three years after attaining permanent residency status. It is hoped that the project will help NB attract and retain international student entrepreneurs.