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The UK is a global hub for innovation, technology and entrepreneurship, offering excellent opportunities for ambitious entrepreneurs. The Innovator Founder Visa and the now-replaced Start-Up Visa are designed for individuals looking to establish innovative businesses in the UK.
At VM Law Solicitors, we guide entrepreneurs through the complex visa process, helping them secure endorsements, meet eligibility criteria and successfully establish their businesses in the UK.
The Innovator Founder Visa is for experienced entrepreneurs who want to start and operate an innovative, scalable and viable business in the UK. It replaces the previous Innovator Visa and does not require a minimum investment, making it more accessible to business founders.
To qualify for this visa, applicants must:
The Start-Up Visa was for early-stage entrepreneurs who wanted to establish a business in the UK. It required an endorsement from a UK university or an approved business endorsing body. However, this visa was closed to new applicants in 2023 and the Innovator Founder Visa is now the primary route for entrepreneurs.
No, there is no minimum investment requirement, but you must demonstrate that your business is financially viable.
The time varies, but most endorsing bodies review applications within 4-6 weeks.
Yes, you can switch from a Student Visa, Skilled Worker Visa or other eligible visa routes.
Yes, after 3 years, if your business meets the success criteria set by the endorsing body.
Yes, dependents (spouse and children under 18) can apply as part of your visa application.
If you are an entrepreneur looking to launch a business in the UK, VM Law Solicitors can help you secure your Innovator Founder Visa and navigate the legal requirements. Contact us today for expert guidance.