This guide explains the Innovator Founder Visa Endorsement process, including eligibility requirements, key stages, and associated costs.
The Innovator Founder Visa Endorsement is required for individuals who want to establish and grow a business based on an innovative idea. Applicants must first obtain approval from an authorised endorsing body before they can proceed with their visa application.
This route is designed for entrepreneurs who can demonstrate strong business potential and the ability to develop a scalable venture.
To qualify for an endorsement, applicants must secure approval from an authorised endorsing organisation. This body will review the proposed business idea and assess whether it meets the required standards.
Key eligibility criteria include:
The endorsing body will carefully assess the business plan before issuing a decision.
Once endorsement is granted, the applicant can move forward with the visa application.
The visa typically allows you to:
After 5 years of continuous residence, applicants may qualify for settlement (Indefinite Leave to Remain).
In some cases, applicants may be eligible for accelerated settlement after 3 years, provided specific criteria are met.
The endorsement process involves multiple fees, which can vary depending on the endorsing body. A typical cost structure includes:
Overall, endorsement-related costs generally range between £1000 to £2000, depending on the provider and services included.
