Innovation Minister Allan Campbell is hopeful a new Provincial Nominee Program will be running by the fall.

He’s awaiting approval from the federal government.

The program Campbell is trying to get approved would be similar to the "partner category" which was part of the overall PNP program until it was shut down nearly two years ago. That category allowed immigrants to invest in P.E.I. businesses in exhange for a faster track into Canada.

The federal government must now ensure the new provincial program meets federal immigration guidelines.

Campbell says his department sent federal Citizen and Immigration Minister Jason Kenney a draft proposal last month of what a new program would look like.

A half-dozen high-ranking bureaucrats from his department spent several months preparing the new program, said Campbell.

No details

"We've proposed some new streams. Some people would say perhaps a new program. I communicated that with the federal minister, Minister Kenney, and as per the letter he sent back, he's reviewing what we proposed and we're awaiting his feedback."

Campbell said he's been instructed by the federal government not to divulge the details of the new program.

It will have many similarities to the previous program, he said.

Recommendations made by the auditor general concerning the old program have been included in the new proposed program.

Campbell is meeting in June with Kenney.