Business Concept submissionThis concept’s specifics depend on the stream you are applying for, however, in both cases, it outlines the key elements of the proposed business, such as market opportunities, investment plans, and anticipated economic benefits to British Columbia

Approval The business concept is evaluated based on its feasibility, alignment with the province's economic priorities, and the applicant's ability to execute the plan. A competitive score in the Expression of Interest (EOI) system determines whether the applicant is invited to submit a full application.

Business Plan submissionThe full application centers on the business plan, which must align with the program's specific criteria, addressing how the venture will contribute to regional development and showcasing the applicant's capability to execute the proposed strategy effectively.