UK Startup Visa is intended for early-stage, high-potential entrepreneurs who are establishing their first business in the UK. This plan is available to both graduates and non-graduates and requires no initial investment. A UK Startup Visa is a new visa that is valid for two years and allows applicants to bring their partner and any children under the age of 18 to the UK.
1- Work another job in addition to your start-up business.
2- Change from another visa category to this one.
3- Bring your dependent family members to the UK with you.
4- Establish yourself as an entrepreneur in the United Kingdom with no initial investment.
The UK Start-up visa category opened to new applicants on March 29, 2019. The UK Startup Visa is an excellent opportunity for entrepreneurs to begin their careers in the UK without making an initial investment by pursuing a business idea that will benefit the UK economy as a whole.
You’ll usually need to prove your knowledge of the English language when you apply and need to have an innovative, viable, and scalable business idea that has been approved by an endorsing body. which will need to confirm in an endorsement letter. There are many specific rules about how this letter should be formatted and what it should contain.
Qualified Professional Business Plan for UK Startup Visa
Professional Business Plan includes a description of your business, an analysis of your competitive environment, a marketing plan, a section on HR (people requirements), and key financial information. The endorsement body needs your business plan to have these criteria:
Innovation – The applicant must have a genuine, original business plan that is in line with new or existing market needs and/or has a competitive advantage.
Viability – The applicant is actively developing or already has the required skills, knowledge, experience, and market awareness to run their business successfully.
Scalability – There needs to be evidence of structured planning and of job creation prospects as well as the potential to grow into national markets.
Our services will support you in UK Startup Visa process
- qualified professional business plan
- Endorsing body support letters for a UK visa.
- Advice as to potential interview questions;
- Advice and tips on further preparation and how to improve on any weak areas;
- Our Financial Advisor provides a 5 years Financial forecast
- we improve your innovative Idea.
- Market Research and market needs and/or create a competitive advantage
- Viability, the necessary skills, knowledge, experience, and market awareness to successfully run the business
- The scalability of Your business plan has potential for job creation and growth in national markets.
The duration of the UK Start-up Visa
The start-up visa is good for two years. It cannot be extended, but if you qualify, you can apply to switch to the UK Innovator Visa at the end of the two-year visa term.