How do I get an endorsement for UK Startup Visa?
UK Startup: The primary requirement to achieve a Startup Business Visa UK is to secure the endorsement from the approved endorsing body or higher education institutions in the UK. For this, applicants must submit their unique business idea that meets the eligibility requirements set by the authority. Then, with the support of the endorsement, applicants make their formal Home Office visa application within three
months and gain entry to the country for business operations.
But, how do you get an endorsement letter? What is the procedure to get one? Let’s discuss these persistent questions.
Identify the endorsing body – The Government has mentioned a detailed list of endorsing bodies that issue startup visa endorsement. Applicants must choose the endorsing body according to the nature or domain of the business concept. These bodies include both higher education institutions (HEIs) and business accelerator groups.
Business Idea – Endorsing bodies will evaluate the proposed business idea that must satisfy the below factors under UK startup visa requirements:
●Innovative – Applicants must present a unique and original business plan that meets the UK’s
business environment and create a competitive advantage.
●Viable – Applicant must actively develop the business with required skills, language proficiency,
knowledge, qualifications, experience, and market awareness.
●Scalable – The business plan and proposal must demonstrate a clear structure of potential for job
creation and growth for the workforce in the UK.
The first-time Applicant – Must declare that the applicant is applying for the first time with a unique and innovative business model. If the applicant has previously applied under a business pathway or has previously set up a business, they must apply under the UK Innovator route.
Investment funds – Startup UK Visa does not specify the requirement or minimum threshold for investment; however, applicants must have some form of investment to support the business.