If you're an entrepreneur aiming to start a business in the UK, the Innovator Founder Visa is for you. This visa requires your business idea to be innovative, viable, and scalable. Here's what you need to know about securing the necessary business endorsements.
To apply for this visa, you need an endorsement letter from an approved UK endorsing body. This letter confirms if your business meets criteria as either a new or existing venture.
• Innovative Business Plan: Show a unique plan that creates a competitive advantage or meets new market needs.
• Viability: Your plan must be realistic. You need the skills and knowledge to run the business successfully.
• Scalability: Provide evidence of potential job creation and growth into larger markets.
• Endorsement Letter: Must indicate that:
• You're suitable for the Innovator Founder route.
• Your funds' source is legitimate.
• Your business isn't linked to illicit wealth.
• Demonstrate CEFR level B2 proficiency in English.
• Have at least £1,270 available for 28 days prior to application if applying for entry clearance or if in the UK for less than a year.
If endorsed by a legacy body, ensure:
• The letter was issued before April 13, 2023, or
• Your previous status was under Start-up or Innovator routes.
• Prove active business trading and sustainable growth.
• Show significant progress on your business plan.
• Be involved in daily business management and be registered with Companies House.
Ready to kickstart your business journey in the UK? For professional assistance, reach out to our immigration experts at 44 - 0203 4882 308 or email us at info@worldwideimmigration.co.uk
We offer guidance on crafting a strong visa application and securing the vital endorsement you need to succeed.