There are two streams:
The Business Innovation and Investment Program is designed to increase entrepreneurial talent and diversify business expertise in Australia. It is positioned to target migrants that have a demonstrated history of success in innovation, investment and business and are able to make a significant contribution to the national innovation system and to the Australian economy.
A. Significant Business History Stream (subclass 132)
Be under 55 years old
Business and personal assets of at least AUD 1,500,000
Main business should have an annual turnover of at least AUD 3,000,000
B. Venture Capital Entrepreneur Stream (subclass 132)
Receive venture capital funding of AUD 1,000,000 for:
the early-phase start-up of a business in Australia; or
the commercialization of a product in Australia; or
the development of a business in Australia; or
the expansion of a business in Australia