What are the UK Startup Visa check points for the progress of Startup Idea?
Every 6 months, Home Office checks your progress with Endorsing Body.
depending on the incubator that you are working with, routinely, you have to give a report of progress to your mentor in the incubators or endorsing bodies.
UKSTARTUPVISA.UK
There are different types of incubators from the involvement with the clients,
- Highly Involved Incubators:
in this category, the Incubator forces you to follow up on the program that they are offering to you. You should follow up with them on reading different resources, watching different videos, and passing some exams. They are providing you with routine meetings and trying to shape your business in a way to be ready for entering the market in the UK.
Pros: You are assured that your product will be supported highly
Cons: You need to put a vast amount of time into following up on the routine tasks that they are providing you with. - UK Startup Visa Incubators with Low Involvement:
In this category, the incubator does not ask you to follow their path. and they do not anticipate you to provide them with routine reports. Some of them just ask you for 6 months’ updates.
Pros: This type of incubator is more favorable for companies who already know the market of the UK and do not need any support from the incubators. The business owners, in this case, consider the Incubator, mostly as a controlling body that reports their progress to the home office, and nothing more.
In our discovery sessions, we will ask you about the type of UK Startup Visa Endorsing bodies that you are most comfortable with.
