UK Innovator Founder Visa
Biogreentech UK Limited is a business advisory and consulting service enterprise with 25+ years of experience and represents multinational companies in the UK. We help entrepreneurs and technology experts to fulfil their ambition to relocate to the UK.
Using our full suite of business advisory services which we have immense practical experience, in the UK. Alongside our specialized network partners we offer an array of services, from advising company formation, website build, advance CRM tools to generate business demand, business model selection and growth prospects, UK government funding support for innovative businesses, competitive landscape and financial modelling. As well as UK Business Expansion Visa, Innovator Founder Visa and Global Talent Visa’s to help aspiring entrepreneurs and technology professionals to relocate to the United Kingdom.
The Innovator Founder Visa category is launched on 13 th April 2023 for experienced entrepreneurs and professionals with innovative ideas willing to start a business in the UK. It also accommodates experienced businessmen that are running a business outside the United Kingdom for many years and desire to expand it to the UK. (https://www.gov.uk/innovator-visa/)
If you qualify for this category, you can apply as an overseas entrepreneur, or switch from Startup, tier 2 general/ICT, Student visa or Visitor visa.
The process involves two broad stages:
- Business assessment (endorsing bodies)
- Immigration requirements (Home Office)
Business Assessment (Endorsing Bodies)
There are a number of organisations including incubators, accelerators, government agencies and business development organisations that have a proven track record of supporting UK entrepreneurs, and are appointed by the UK government as the endorsing bodies.
These endorsing bodies will be responsible for issuing endorsements to the applicants by assessing their business venture, staying in touch with the applicant to monitor their progress and issuing further endorsements where relevant. Our expert team can advise you on the most appropriate endorsing bodies for your application.
The endorsing bodies for the innovator founder visa
The UK government has approved the following 3 bodies to endorse applicants for the innovator founder visa:
* Envestors Limited
* Innovator International
* UK Endorsement Services
New Innovator Founder Visa is very rewarding but emphasis is given to highly Innovative , Scalable and Viable a detailed Business Plan. We have a team of the expert UK business plan writers and associates who act as a trusted introducer to several endorsing bodies, ensuring eligible clients’ direct contact with investment panel members as well as transparent and timely decision-making. Our inhouse experience on Mergers & Acquisitions helps us support you and guide you till ILR journey.
Immigration Requirement (Home Office)
Having successfully secured an endorsement, you will submit your Innovator visa application to the Home Office. At this stage, you need to submit your documents such as passport, fund maintenance, proof of English language, evidence of investment fund etc. in support of an Innovator Founder visa application.
Benefits Of UK Innovator Founder Visa
With a favourable tax regime, stable and democratic political system, strong and respected system of law and a strengthening British pound – “safe haven” currency, the UK is becoming the home for entrepreneurs globally. Through the Innovator Founder visa entrepreneurs are gaining unique opportunities that allow them to access the thriving UK economy, booming UK’s tech sector and international platform. Now it is your chance to expand your business, increase your client base worldwide, create profit, and gain international recognition.
Key Highlights
Fastest processing time
* Get indefinite leave to remain (ILR)/permanent settlement within 3 years and after 1 year apply for British passport
* Extend your visa an unlimited number of times
* Bring your family with you and empower them to work or establish their own businesses in the UK
* You can set up a business or several businesses in the UK and you can take up employment as well.
* Travel the world without any restriction of re-entry to the UK
* Investment limit of GBP 50000 is no more applicable
* There will be two check points by the Endorsing bodies during the 3 year period.
Requirements for an Innovator Visa
You are at least 18 years old
* You have a business concept that is:
* Innovative – you must have an original business idea which is different from anything else on the market.
* Scalable– it has potential for growth.
* Viable : Background experience to run the business
* You have been endorsed by an approved UK endorsing body.
* Proof of English language level B2 (equivalent to IELTS 5.5 or NARIC or a UK degree or proof of your current status as Tier 1, Tier 2 general, Tier 4 and Startup).
* Maintenance funds: At least £1,270 to support yourself, plus £285 for a dependent partner, £315 for a first child and £200 for each additional child, held in a bank account for 90 days prior to the date of application, and cannot come from your investment funds.
* Our premium market research designates us to be at the vanguard of the latest requirements, news, and information.
* We are primarily known for our bespoke business plan drafting that is used by industry experts and tech leaders from large multinationals to innovative start-ups, including global individuals of very high net value.
* Our experts are professionally skilled to draft commercially viable UK Visa accepted applications and pliant business plans to get your desired Innovator Founder visa interview and endorsement.
* Minimized response time with higher quality – All our clients are important to us; we provide early response and resolution to all, whether it is an initial inquiry or one of our existing clients.
* To start the process, we will ask you to complete our client information form and share a copy of your passport and proof of address.
* We will then prepare an agreement and invoice for you.
* Upon receiving all the information, documents, signed copy of the agreement and payment on account, we will start the InnovatorFounder visa application process.
If you fulfil the above conditions, you have a high chance of receiving the visa.
Our Process
Step 1: Innovative Business Concept
We spend quality time brainstorming the business idea over the course of 3-4 weeks . We provide you with a brief executive summary of your business idea, outlining the innovative, viability, and scalability aspects of the proposal.
Step 2: Business plan Submission
We will send you link from Endorsing body to pay the initial fees. We will prepare a detailed business plan, bespoke to your idea and your background. It will only take 2-3 weeks for a precise initial draft, followed by an additional 7-10 working days for any further amendments once you review the draft. We will submit the business plan along with a short video to the endorsing body for their review and we will submit your passport, final business plan, evidence of funds, and evidence of English proficiency. The endorsing body will usually take 2 -3 weeks to process the application followed by an invite for a virtual interview.
Step 3: Virtual interview
We will prepare you for the interview which usually lasts for 45-60 minutes.
Step 4: Offer and acceptance
Once the interview goes well, the endorsing body will issue the official endorsement letter, which is linked with the UK Home Office’s system
Step 5: Business advisory support
Our premium package offers 6 free sessions in the first year of business advisory support, access to `funding, life & living costs in the UK, government schemes supporting enterprises, demand generation techniques and help you with opening your UK company.
Why Us?
* We have high credibility and reputation as we have established businesses in the UK for over 5+ years
* We are uniquely placed as our leadership team has 25+ years of experience in the Business advisory and mergers & acquisitions field.
* We are primarily known for our bespoke business plan drafting that is used by industry experts and tech leaders from large multinationals to innovative start-ups, including global individuals of very high net value.
* Our experts and network of specialised partners are professionally skilled to draft commercially viable UK Visa accepted applications and pliant business plans to get your desired Innovator Visa endorsement.
* Minimized response time with higher quality – All our clients are important to us; we provide early response and resolution to all, be it an initial inquiry or one of our existing clients.
* Our premium Innovator Founder Visa package is the best in the industry and comes with business advisory support as detailed above.
To Start The Process
* To start the process, we will ask you to share a copy of your passport and proof of address.
* We will then prepare an agreement and invoice for you.
* Upon receiving all the information, documents, signed copy of the agreement and payment on account, we will start the Innovator visa application process.
* We intend to complete the whole process in 8-12 weeks.
To Start The Process
- To start the process, we will ask you to share a copy of your passport and proof of address.
- We will then prepare an agreement and invoice for you.
- Upon receiving all the information, documents, signed copy of the agreement and payment on account, we will start the Innovator visa application process.
- We intend to complete the whole process in 8-12 weeks.
The above government fees, and endorsing bodies’ fees are indicative and subject to change as per the latest government notifications. Should you have any queries in the interim, please do not hesitate to contact us at info@biogreentech.co.uk.