UK Innovator Founder Visa Application Process

[sadiksojib35]

Success of immigrants
According to Job Creators , in 2023, 39% of fast-growing UK companies will have a foreign-born founder, with immigrants making up 14.5% of the country’s population. This trend is also noticeable among UK unicorns, with 65% of the 14 companies having at least one foreign co-founder.

On the topic: What a programmer from the CIS needs to know to work in the UK



Regulatory support
The UK government has policies in place to help create a supportive environment for start-ups and investors. Initiatives such as the Future Fund and tax incentives for investors help to infuse capital into early-stage companies.

The UK has also doubled its number of startup accelerators and incubators to 750 in the last five years. The country has venture funds and government grants for startups: Playfair Capital , Accel dominican republic telegram database Partners , Balderton Capital , BGF , Growth Capital , Index Ventures , Octopus Ventures , SMART (Innovate UK) .



How they leave
Previously known as the Innovator Visa, the UK Innovator Founder Visa is now, in our view, the most effective way for experienced Tech and IT leaders to relocate. According to official statistics on, between September 2022 and September 2023, 520 international entrepreneurs were granted Innovator or Innovator Founder visas. This is 107% more than the number of Innovator visas issued in the previous year.



To qualify for a UK Innovator Founder visa in the technology or IT sector, an entrepreneur must meet the following requirements:

have a B2 level of English;
have £1,270 in your bank account;
propose an innovative idea and business plan that will confirm the viability and scalability of the project;
obtain approval of the business plan from the UK Endorsement Body.
Last but not least is the amount of investment. The investment visa requirement is zero pounds sterling. However, it is recommended that you have personal savings or proven investment from third party investors or overseas investment funds sufficient to start a business in the UK. Otherwise, you may be refused an Endorsing body.

The total time from the start of case preparation to receiving a visa is 6 months. After receiving the Endorsement letter, up to 3 months are allocated for submitting documents. After receiving the visa, there are another 3 months to enter the country.