Innovator Founder Visa

The Innovator Founder visa is designed for seasoned founders and technology entrepreneurs looking to establish a business in the UK. Applicants must present an innovative, viable, and scalable business idea that is endorsed and supported by a qualifying endorsing body.

About UK Innovator Founder Visa

The Innovator Founder visa enables skilled entrepreneurs to come to the UK and setup or run their own business. Applicants must be able to demonstrate an innovative, scalable, and viable business model to apply. Their proposal must also be approved by a supported endorsing body for the application’s success. This visa route grants applicants 3 years within the UK. The Innovator Founder visa also offers a pathway to settlement in the UK, as after three years, innovators can apply for Indefinite Leave to Remain, allowing them to stay in the UK for as long as they wish.

Key criteria

Description

How to prove eligibility

Purpose

You want to set up and run an innovative business in the UK

Business characteristics

Your business must be innovative, viable, and scalable, which should be confirmed by an endorsement by an approved body, also known as an endorsing body

Each endorsing body has different requirements. For most of them, these are (1) a business plan and financial model with certain requirements, (2) CV, and (3) interview with the endorsing body

Level of English

At least B2 level of English

  • Test with an approved provider (usually people take IELTS), or

  • Having UK school exams passed before or having a university degree from an English-speaking programme

Personal savings

You have enough personal savings to support yourself while you’re in the UK

Bank statement showing at least £1,270 in your bank account for 28 consecutive days before the application, and additionally £285 for your partner, £315 for one child, and £200 for each additional child

Availability of investment funds

You must have sufficient funds to fund your business before it breaks even to apply for an Innovator Founder visa

Bank statement or legally binding sponsor letter from an investor proving the availability of funds

Eligibility for

UK Innovator Founder Visa