0
Innovator Founder
The Innovator Founder Visa is a revision of the former Innovator / Start Up Visas and provides a single route to build your business in the UK.
The requirement to have £50k available has been replaced by a sum necessary to launch your business and deemed appropriate by the Endorsing Body.
Applicants can have secondary employment as long as it is a sufficiently skilled level and consistent with the theme of your innovative project.
We are not allowed to provide initial advice on whether a project is suitable prior to your formal assessment – that’s your decision. But we will try to help you to make that choice (based on the information on our site and in our support documents.
For further details download our application pack.
Through INSIGHTPRO we closely monitor your pre-determined targets to ensure you're on track to achieve everything you want and need
Am I Eligible?
Ask yourself the following questions. If you can answer positively to each of them, then you're definitely on the right path.
- Viable
-
Can you demonstrate that you have the necessary skills, knowledge, experience, market awareness and financial capacity to successfully run your business idea?
- Innovative
-
Do you have a genuine, original business idea which meets new or existing market needs and creates a competitive advantage against your competitors?
- Scalable
-
Does your business idea provide a structured plan for the creation of new jobs, along with a plan for growth into national markets and international markets?
Application Process
How we assess applications
We recognise that every person and every plan is individual. We assess your application against the following criteria using our Maturity Matrix© assessment methodologies:
Innovation
Is your business sufficiently different to what else is available?
VIABILITY
Is there a market for your proposition and can you deliver to that market?
SCALABILITY
Will your project grow to national and international markets?
MARKET ASSESSMENT
Does the plan address the market maturity, geography and competitors?
PRODUCT FIT
Does your solution clearly solve a problem, and can be developed within your resources?
MARKETING & SALES
Is there a clear and achievable route to market without major risk points?
PEOPLE & SKILLS
Do you, and the business, have the skills needed to make this a success?
OPERATIONAL PLANNING
Is there a project plan detailing what, how and when things happen?
FINANCIAL PLANNING
Is there a realistic financial plan which meets the requirements of the business?
SETTLEMENT TARGETS
Is your business likely to meet the required targets for your settlement?
INSIGHTPRO
Our optional INSIGHTPRO programme ia designed to give you the support you need when you need it, to help you achieve your Indefinite Leave to Remain:
-
Target
SettingThe first step is to understand what you can and want to achieve
-
Access to
INSIGHTJoin a community of other international entrepreneurs
-
Progress
MonitoringContinually ensuring you’re on track to meet your commercial targets
-
Additional
SupportAccess to a wider range of courses, resources and support options
-
Personal
GuidanceEvery client has a relationship manager to support your journey
Your Support
Package
Whether you’re on our INSIGHT or INSIGHTPRO, all successful applicants have access to our members area, which provides:
Personal Profiles
A personal area to develop your profile, view other member profiles and access your key documents
Messaging Members
The ability to view and connect with our wider community of International Entrepreneurs across the UK
Key Resources
Access to a wide range of guidance documents, templates and videos helping you to expand your knowledge
Regular Webinars
We host regular webinars on a wide range of key subjects which are all recorded for you to view at any time
Discounted Marketplace
Our marketplace is full of trusted business support providers, offering you a wide range of services at discounted prices
Your Next Steps
If you want to join our community of international entrepreneurs, click here to send us your details
