Immigration advice for entrepreneurs building innovative UK businesses
The Innovator Founder route is for entrepreneurs who want to establish and run an innovative business in the UK.
This route is designed for founders with a genuine, original business idea that is viable, scalable and capable of creating growth. Applicants must usually obtain endorsement from an approved endorsing body before applying.
Templeton advises founders, entrepreneurs and business owners on the Innovator Founder route and how it fits within their wider UK immigration and commercial plans.
Who is the Innovator Founder visa for?
The route may be suitable for individuals who:
- want to establish a new business in the UK
- have an innovative business idea
- can show the business is viable and scalable
- will play a key role in the day-to-day management and development of the business
- can obtain endorsement from an approved endorsing body
- want a route that may lead to settlement
This route is not suitable for every business. The Home Office and endorsing body will expect more than a general commercial idea.
Key requirements
Applicants usually need to show that the business is:
1. New
The business idea must generally be new. Applicants cannot simply join a business that is already trading.
2. Innovative
The business must involve an original idea that is different from anything else on the market.
3. Viable
The business plan must be realistic and achievable, based on the applicant’s resources, skills, experience and market awareness.
Scalable
There must be credible evidence of structured planning, potential job creation and growth into national or international markets.
Applicants must also meet the English language requirement and, where required, the financial requirement.
Endorsement
A key part of the application is endorsement.
An approved endorsing body must assess the business idea and confirm that it meets the relevant requirements. The endorsement process can be detailed and should be approached carefully.
The applicant must usually have contact point meetings with the endorsing body during the period of permission to show progress against the business plan.
How long is the visa granted for?
The Innovator Founder visa is usually granted for three years. It may be extended, and applicants may be able to apply for settlement after three years if they meet the relevant requirements.
How we can help
Speak to an Innovator Founder visa lawyer
The Innovator Founder route can be a valuable option for entrepreneurs, but it requires careful preparation and a strong evidential foundation.
Templeton can help you understand the requirements, prepare your application and consider how this route fits into your wider personal and commercial plans.
Contact us to discuss your Innovator Founder visa application.
