Nov 01, 2022, Nova Scotia held its first Entrepreneur draw of 2022. The draw selected 6 applicants under the NSNP Entrepreneur Stream and another 6 from the NSNP International Graduate Entrepreneur stream.
The details of the same are as the following:
However, this is the first time that the NSNP has conducted only 1 draw each for both the Entrepreneur Stream categories. To get an insight into draw patterns we must first make an immediate analysis with the last draw for both categories:
Besides, lower ITAs higher cutoff in first NSNP Entrepreneur draw of 2022 is indicative of the impact of past draw trends. The following is the observation on the same:
Looking at the above data from 2018 to 2022 we can see significant changes in ITAs and the draw cut-offs. With Sep 06, 2022 draw issuing the highest number of ITAs at 46. However, the lowest cut-off was set at 91 on Jan 16, 2018. But the highest draw cut-off has been set in the current draw of Nov 01, 2022.
Further, this is the only draw with such a high draw cut-off since NSNP conducted its first such draw on Feb 19, 2016 (6 ITAs, 122 cut-off). If we look at the frequency of draws, then since the beginning of 2016 we can see a strong fall in draws post-2019.
Thus, looking at the above data, it is wise to not expect another NSNP Entrepreneur draw in 2022. Even if such a draw happens the ITAs will remain lower, and the cut-off will barely come lower.
In the second sub-category International Graduate Entrepreneur of the NSNP, we see changes in the draw cut-offs. Whereas looking at the 2018-2022 data not much change is observed for ITAs issued. Because Nova Scotia Immigration:
So, looking at the above details we can see highs and lows in draw data. Thus, helping us to say that here too we may not expect any draw for this year. Also, the probability of a draw happening at all seems very slim.
As we see lower ITAs higher cutoff in first NSNP Entrepreneur Draw of 2022, we must not be discouraged at all. For at Global Vision Immigration – CICC licensed Canada Immigration Firm our immigration experts guide you through the complex immigration system.
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Mr. Kalyan Paul, President & CEO is the founder of GVI, an MBA in Finance and also a Chartered Professional Accountant (CPA) and a Certified Management Accountant (CMA) from Canada. Mr. Paul has more than 18 years of experience in immigration consulting that made him one of the preferred & valued immigration consultants in the immigration industry. He is a licensed member of the College of Immigration and Citizenship Consultants (CICC) [Previously known as Immigration Consultants Of Canada Regulatory Council (ICCRC)] (Membership ID: R417119) which is a professional body of licensed immigration consultants recognized by Citizenship and Immigration Canada.
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