Immigrant Investor Venture Capital Pilot Program

June 19, 2014 — The Economic Action Plan 2014 Act, (Bill C-31), received Royal Assent and became law today which resulted in the termination of applications in the backlog of the federal Immigrant Investor Program (IIP) and federal Entrepreneur Program (EN).
IIP and EN applications have been terminated if a selection decision was not made by an immigration officer before February 11, 2014. There are a small number of cases where a selection decision was made on or after February 11, 2014, and the application was processed to completion and a final decision was made before Bill C-31 became law. Those applications are not affected by the legislation.