Innovator Founder Visa UK

A Complete Guide to the Innovator Founder Visa UK Requirements

The Innovator Founder visa is ideal for people who have a new and unique business idea unlike anything else out there. The idea has to be completely viable for the UK market, scalable to national or international markets, and innovative. This visa has replaced the Innovator and Start-up visa routes which means you can no longer apply for them. 

The Innovator Founder visa is a direct route to settlement in the UK, meaning if you’re eligible and meet the requirements, you may be able to apply for Indefinite Leave to Remain (ILR) after 3 years on this visa. 

If you need help with your UK Innovator Founder visa application, reach out to us at +44 20 3151 9366.

Reach out to Yes UK Immigration today!

Who is Eligible for the Innovator Founder Visa?

Before you can apply for the Innovator Founder visa, you must have an endorsement from an endorsing body that confirms that your business is new, viable, scalable, and innovative. You can apply for endorsements from the following Home Office-approved endorsing bodies:

  • Envestors Limited
  • UK Endorsing Services
  • Innovator International
  • The Global Entrepreneurs Programme (GEP)

Each body has its own application processes which usually involve explaining your business idea, presenting your business plan, and going through an assessment process to decide whether your business idea fits the specifications of the endorsing body. 

If you need assistance with your UK Innovator Founder visa application, reach out to us at +44 20 3151 9366.

What are the Requirements for the Innovator Founder Visa?

To apply for the Innovator Founder visa, you must meet the following requirements:

  • Have an endorsement for an approved endorsing body
  • Speak, read, write and understand English to level B2 on the Common European Framework of Reference for Languages (CEFR) scale
  • Show that you have enough funds to support and set up your business in the UK. This is dependent on the venture and how much money is reasonably required for your particular business idea. You will also need to show where the funding has come from.

You won’t need to show investment funds if your business is already established and has already been endorsed for another visa, or if you’ve changed your business and this has been agreed with your endorsing body.

  • You have held at least £1,270 in your bank account for the last 28 days continuously 

What Documents Do You Need for the Innovator Founder Visa?

You must provide the following documents when making your Innovator Founder visa application:

  • Valid passport or travel document
  • An endorsement letter from your endorsing body
  • Evidence of your English language ability (if you are not from a majority English-speaking country)
  • Proof that you have the necessary funds to support yourself during your stay in the UK such as bank statements
  • Criminal record check documents (if applicable)
  • Tuberculosis test results (if applicable)

Documentation that is not in English or Welsh will need to be officially translated.

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How Can Yes UK Immigration Help You With the Innovator Founder Visa?

Reliable

We give no-nonsense regulated immigration advice that you can rely on. Having our support will help you feel confident that your future is in safe hands. 

Understanding

We understand that applying for a visa is a stressful and daunting experience. We tailor our approach to each of our client’s needs because everyone is different.

Personable

We are friendly and approachable and are happy to help with any doubts or queries you have along the way. 

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