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Innovator Founder Visa

making it happen
Welcome to the UK with Your Innovator Founder Visa

Business Plan

Professional

Writers

Having a professionally written business plan is absolutely essential for an Innovator Founder Visa application. A well-crafted business plan serves as a comprehensive roadmap that outlines the applicant's innovative business idea, its potential for growth and scalability, and the strategies to achieve success. It showcases the applicant's thorough understanding of the market, competitors, and potential challenges, demonstrating their preparedness to launch and run a successful venture.

 

Additionally, a professionally written business plan reflects the seriousness and commitment of the applicant towards their entrepreneurial endeavour, instilling confidence in the endorsing body or immigration authorities that the proposed business is viable and has a high chance of making a positive impact in the host country's economy.

 

Ultimately, a convincing and well-structured business plan can significantly increase the chances of obtaining the Innovator Founder Visa, paving the way for the entrepreneur to turn their innovative vision into a reality and contribute to the growth and innovation landscape of the country they wish to establish their business in.

"Pioneering Your Business Plan."

Our Expert Team of Professional Business Plan Writers will ensure your Business Plan is...

innovative

viable

scalable

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OUR FIRM

Why do i need a Professional Business Plan written by an Qualified  Accountant...?

Experience

persuasive

Bespoke

Investor Attraction

Risk Assessment

Mitigation

Budget

Professionalism

Expertise

Credibility

Financial Projections

Business Plan

Our

Services

Expert Guidance

We understand the nuances and requirements of different countries' Innovator Founder Visa programs, and our experts will provide you with personalised guidance throughout the application process.

Continuous Support

From the initial consultation to post-visa application support, we are committed to assisting you at every step of your entrepreneurial journey.

Tailored Business Plans

A strong and comprehensive business plan is at the heart of any successful visa application. Our experienced business consultants will work closely with you to develop a tailor-made business plan that showcases the uniqueness and potential of your business idea.

Endorsement Support

In some countries, obtaining an endorsement from a recognized endorsing body is a mandatory step in the visa application process. We will guide you in finding and securing the right endorsement for your business.

Market Research and Analysis

Our team will conduct in-depth market research and analysis to validate your business concept and demonstrate its feasibility in the target market.

Financial Projections

Our financial experts will prepare accurate financial projections, including revenue forecasts, cost analysis, and funding requirements, to demonstrate the viability and profitability of your business idea.

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Indy Randhawa - Business Finance Advice AI Growth Mentor

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  • What is the criteria for my Partner and Children?
    Partner: A partner can be a spouse, civil partner, or unmarried partner of the main applicant. The partner can apply for a visa as a dependant on the main applicant's Innovator Visa. Both the main applicant and their partner must meet certain eligibility criteria, including financial requirements and English language proficiency. The partner will be granted permission to work or study in the UK without any restrictions. Children and other dependants: Children who are under 18 years old can be included as dependants in the main applicant's Innovator Visa application. Other family members, such as parents or siblings, cannot be included as dependants on the Innovator Visa application. Each child included in the application will need their own separate application, and they must meet the eligibility requirements for dependants. Eligibility Requirements for Partners and Dependents: Partners and dependents must provide supporting documents to demonstrate their relationship to the main applicant, such as marriage certificates, civil partnership documents, or birth certificates. They must also provide evidence that they meet the financial requirements to show that they can be supported while in the UK. English language proficiency requirements may also apply to partners and dependants, depending on their circumstances and country of origin. Maintenance Funds: The main applicant needs to demonstrate that they have sufficient funds to support themselves and their dependants without relying on public funds during their stay in the UK. Additional funds are required for each dependent included in the application. Duration of Stay: Partners and dependants will be granted the same duration of stay as the main applicant's visa. If the main applicant's visa is extended or they are granted settlement, the partners and dependants can also apply to extend or settle their visas accordingly.
  • Do i require a B2 Level for English?
    The level of knowledge required for English language proficiency is the same as for other UK visa categories. To meet the English language requirement for the Innovator visa, you must generally prove your knowledge of English by passing an approved English language test at a minimum of CEFR level B2 in reading, writing, speaking, and listening. CEFR stands for the Common European Framework of Reference for Languages, and B2 level indicates an upper-intermediate level of proficiency.
  • Why do i need a Professional Business Plan written by an Accountant?
    Obtaining an Innovator Founder Visa is a process that requires applicants to demonstrate that their business idea is innovative, scalable, and has the potential to bring economic benefits to the country they wish to establish it in. While it is not mandatory to have a professional business plan written by an Accountant, doing so can significantly increase the chances of a successful visa application for several reasons: Expertise and Experience: Accountants possess in-depth knowledge and expertise in business planning, financial forecasting, and strategic analysis. They have a thorough understanding of what investors and immigration authorities look for in a business plan, which ensures that your application meets the required standards. Credibility and Professionalism: A well-written business plan adds credibility to your business idea. When it is prepared by a qualified professional, it reflects a higher level of professionalism and seriousness about your entrepreneurial venture. Customization and Tailoring: Each Innovator Founder Visa application is unique, and the business plan should be tailored to match the specific requirements of your business idea. A professional Chartered Accountant can customise the plan to align with your vision and goals effectively. Financial Projections: Immigration authorities want to see that your business idea is financially viable and sustainable. An MBA-qualified Chartered Accountant can create accurate financial projections and demonstrate the potential for growth, making your application more convincing. Risk Assessment and Mitigation: A well-prepared business plan will include a comprehensive risk assessment and strategies to mitigate potential challenges. This demonstrates that you have thoroughly considered the risks associated with your venture and have plans in place to handle them. Investor Attraction: If you plan to seek funding from investors or financial institutions, a professionally written business plan becomes even more critical. It will be a key document for potential investors to evaluate the viability of your business and its potential for a return on investment. Time and Effort: Writing a comprehensive and persuasive business plan can be time-consuming and challenging, especially if you are not familiar with the process. Hiring an expert allows you to focus on other aspects of your visa application and your business while ensuring the plan is in capable hands. In summary, while it is not mandatory to have a business plan written by an Accountant, it can significantly enhance your chances of success in obtaining the Innovator Founder Visa. A well-prepared business plan showcases your business idea's potential and aligns with the immigration authorities' requirements, making it a crucial asset in your visa application process.
  • How do i support myself financially?
    1. To meet the financial requirement for an Innovator Founder visa, you must have had at least £1,270 in your bank account for 28 consecutive days before applying for the visa. 2. The Innovator Founder visa is designed for individuals who want to establish a business in the UK. It requires meeting various criteria, including having access to sufficient funds to support yourself during your stay in the UK. The £1,270 is the minimum amount specified to demonstrate your ability to support yourself financially.
  • Can i extend my Innovator Founder Visa?
    The Innovator visa is granted for an initial period, and it is possible to extend it under certain conditions. To be eligible for an extension, you would typically need to meet the following requirements: Demonstrated progress: You must show that you have made significant progress in establishing your business in the UK and have taken steps to implement the business plan outlined in your initial visa application. Endorsement: You still need to be endorsed by a designated endorsing body. This endorsement confirms that your business idea is viable, innovative, and scalable. Financial requirements: You must meet the financial requirements set by the UK government to support yourself and any dependents. English language proficiency: You might be required to meet certain English language proficiency requirements. Continuous residence: You must have spent a certain amount of time continuously residing in the UK while holding the Innovator visa. Please remember that immigration rules can change, and it's essential to consult official and up-to-date sources or a qualified immigration advisor to understand the current requirements and processes for extending the Innovator visa.
  • What are the specific documents required for an Innovator Founder Visa application?
    Endorsement Letter: You must have a letter of endorsement from an approved endorsing body in the UK. The endorsing body should confirm that your business idea is innovative, viable, and has the potential for growth. Business Plan: You'll need a comprehensive business plan outlining your business idea, market research, financial projections, and how you intend to achieve your business goals. Investment Funds: You must demonstrate that you have enough personal funds or investment funds to support yourself and your dependents (if applicable) during your stay in the UK. Identity Documents: Your valid passport or travel documents are required as proof of your identity. English Language Proficiency: You may need to provide evidence of your English language proficiency, unless you are from a majority English-speaking country or have certain academic qualifications. Criminal Record Certificate: Depending on your country of origin and residence, you may need to provide a criminal record certificate or a certificate of no criminal conviction. Tuberculosis Test Results: Some applicants may need to undergo a tuberculosis (TB) test and provide the test results. Qualifications and Work Experience: Documents to support your qualifications and work experience relevant to your business idea. Proof of Maintenance Funds: Evidence that you can financially maintain yourself and any dependents during your stay in the UK. Other Supporting Documents: Any additional documents that may be relevant to your application, such as letters of recommendation, contracts, or evidence of previous business experience.
  • How long does it take to get a decision?
    Typically, the processing time for a decision on an Innovator Visa application in the United Kingdom is around 3 weeks.
  • How much does an innovator visa cost?
    - The current Home Office application fee for an Innovator Founder Visa is £1,036 if applying from outside the UK or £1,292 if applying to switch into the category from within the UK. - Endorsing Body Fee - £1,000 - Please note that VAT of 20% will be applied to applicants based in the UK. - Each applicant will also be liable to pay the immigration health surcharge at a cost of £624 per year of stay. This is to allow applicants to be able to access the UK’s National Health Service. However, for dependent children under 18, the surcharge is reduced to £470. - You’ll need to have a certain amount of money in your bank account , for at least 28 days before you or your family apply to support themselves in the UK. You must have £1,270 to support yourself, you - or your partner or child - will need: £285 for your partner £315 for one child £200 for each additional child Example You must have £1,870 if you want to bring your partner and 1 child with you to the UK: £1,270 to support yourself + £285 for your partner + £315 for your child.
  • Who is Eligible?
    1. Genuine Innovation: The applicant must have a genuine, innovative, and scalable business idea. The business plan must be endorsed by an approved endorsing body in the UK. The endorsing body will assess the applicant's business plan and idea for innovation, viability, and growth potential. 2. Endorsement: Before applying for the Innovator Visa, the applicant needs to secure an endorsement from a Home Office-approved endorsing body. These endorsing bodies are organisations designated by the UK government to assess and endorse innovative business ideas. 3. Financial Requirements: The applicant must have enough funds to support themselves and their family without relying on public funds while in the UK. The specific amount required varies depending on individual circumstances. 4. English Language Proficiency: The applicant must demonstrate a sufficient level of English language proficiency. Generally, this can be done by passing an approved English language test, providing evidence of previous study or work in an English-speaking country, or holding an academic qualification taught in English. 5. Maintenance Funds: The applicant needs to show that they have enough funds to cover living costs for themselves and any dependents during their initial stay in the UK. 6.Age Requirement: There is no specific age requirement for the Innovator Visa.
  • What is the Innovator Founder Visa?
    The Innovator Founder Visa is a unique immigration program offered by several countries to attract and welcome innovative and talented entrepreneurs from around the world. This visa is designed to provide a streamlined pathway for visionary founders who have revolutionary business ideas and a robust business plan to establish or scale their businesses in a new market. By availing our services, we will guide you through the visa application process, ensuring you have the best chance of obtaining the visa and realising your entrepreneurial aspirations.
  • How do i apply from outside the UK for an Innovator Founder Visa?
    Eligibility Criteria: Before applying, ensure that you meet the eligibility requirements. Generally, you should have a business idea or plan that has been endorsed by an approved endorsing body in the UK. The endorsement process involves a review of your business idea, its viability, and innovation potential. Endorsement: Apply to an approved endorsing body with your business plan. These endorsing bodies assess the viability, scalability, and innovation of your business idea. If they find your business idea promising, they will issue an endorsement letter, which is an essential part of your visa application. Online Application: Once you have received an endorsement letter from an approved endorsing body, you can begin the online visa application process. Visit the official UK government website and complete the application form for the Innovator Visa. Supporting Documents: Prepare all the necessary documents to support your application. Commonly required documents include your passport, endorsement letter, proof of financial stability, evidence of English language proficiency, and any other documents specified in the application form. Biometrics and Interview: You may be required to visit a visa application centre in your country to provide your biometric information (fingerprints and photograph). In some cases, you might also be called for an interview as part of the application process. Visa Decision: After submitting your application and attending any necessary appointments, the UK Visas and Immigration (UKVI) will process your application. The processing time can vary depending on your country of application and other factors. Visa Issuance: If your application is successful, you will receive a vignette (sticker) in your passport, allowing you to enter the UK. Once in the UK, you will need to collect your Biometric Residence Permit (BRP), which will serve as your visa for the duration of your stay.

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