A new Expression of Interest format will be introduced from the start of 2018 for receiving applications to the Prince Edward Island Business Impact program.
Candidates for Prince Edward Island immigration will be asked to submit their EOIs, which will be scored out of 200 based on a number of factors including business experience, language, adaptability, age and education.
The system will also award up to 35 points where the candidate has secured a community endorsement. To gain an endorsement, candidates must have visited the community, secured a letter from that community and plan to start their business in that community.
Officials from P.E.I. will select applicants based on their points score, and also on the needs of local business markets, industry sectors or diversity.
Profiles will be valid for six months in the pool, with a renewal option for another six months. As with the federal government Canada Express Entry system, candidates will be able to update their profiles in the pool to increase their score.
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