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Points table for Business Innovation and Investment (Provisional) visa (subclass 188)

Points criteria are assessed at the time of invitation.

You will only be awarded one set of points under each factor. For example, if you have an English language ability of Proficient, you will be awarded 10 points for Proficient English and not points for both Proficient English and Vocational English.

FactorDescriptionPoints
Age
18–24 years20
25–32 years30
33–39 years25
40–44 years20
45–54 years
15
55 and older0
English language ability
Vocational English
5
Proficient English
10
Educational qualifications
Trade certificate, diploma or bachelor degree by an Australian education institute; or a bachelor qualification recognised by an educational  institution of a recognised standard5
A Bachelor degree in business, science or technology by an Australian institution; or a bachelor qualification in business, science or technology by an educational institution of a recognised standard10
Financial assetsNet business and personal assets of you, your partner or you and your partner combined in each of the preceding 2 fiscal years of at least:
Not less than AUD800,0005
Not less than AUD1.3 million15
Not less than AUD1.8 million25
Not less than AUD2.25 million35
Business turnover You had an ownership interest in one or more main businesses that had an annual turnover in at least 2 of the 4 fiscal years immediately before the time of invitation to apply for the visa:
Not less than AUD500,0005
Not less than AUD1 million15
Not less than AUD1.5 million25
Not less than AUD2 million35
Business Innovation stream only
Business experience
You have held 1 or more main businesses before you were invited to apply for the visa for:
Not less than 4 years within the preceding 5 years10
Not less than 7 years within the preceding 8 years15
Investor stream only
Investor experience
Immediately before the time of application you held eligible investments of at least AUD100,000 held for:
Not less than 4 years
10
Not less than 7 years
15
Business innovation qualifications
Patents or designs registered not less than 1 year before that time and  used in the day to day activities of the main business 15
Trademarks registered not less than 1 year before that time and  used in the day to day activities of the main business 10
An ownership in and day to day participation in the management of one or more main business operated under a  formal joint venture agreement/s entered into no less than 1 year before the time 5
An ownership interest in a main business/s that derives no less than 50% of its annual turnover from export trade15
An ownership interest in a main buisness/s not more that 5 years before :
  • had an average annualised growth in turnover that was greater than 20% per annum over 3 continuous fiscal years; and 
  • in at least one of the 3 fiscal years employed 10 or more employees for a total number of hours that was at least the total number of hours that would have been worked by 10 full-time employees
10
An ownership interest in a main business/s that received : 
  • a grant from a government body in your home country of at least AUD10,000 for the purposes of early phase start up of a business, product commercialisation, business development or business expansion 
    or
  • venture capital funding of at least AUD100,000 not more than 4 years before the time of the invitation for the purposes of early phase start up of a business, product commercialisation, business development or business expansion
10
Special endorsementThe nominating State or Territory government agency has determined that your proposed business is of unique and important benefit to the State or Territory where the nominating government agency is located10