PASS/FAIL Business idea examples for the Innovator Founder visa

📧 I am happy to help with your visa and citizenship options. I have a consultation service: tom-bradford.com/contact-me
The Home Office guidance says:
Example: likely to meet the viability endorsement criterion:
The applicant is launching a business developing and manufacturing a new medical device. The applicant can show rigorous and credible research around minimum set up costs such as the price of buying in tooling equipment, hiring technicians, and operating factory/laboratory space. The applicant can also show they have considered and researched market demand and pricing. The business has access to a sufficient level of funds and the financial forecasts can be properly defended. The applicant and any associated co-founders can show that the founding team has the necessary skills and knowledge to credibly be capable of successfully developing and delivering the product to market.
Examples: Unlikely to meet the viability Endorsement criterion:
The applicant intends to create a new web portal for selling fashion accessories with an Artificial Intelligence-powered shopping assistant. The proposed financials appear generic and with little evidence of any research to set out specific detailed costings of minimum set up costs. The applicant has stated regarding the web portal set up that the platform will cost £20,000, When asked how much that will cost, they simply say this is what they have been told it will cost them. No budget has been allocated for ongoing essential run costs such as server rental. The applicant is a sole founder but has no technical expertise to take ownership of the product build.

[@TomBradford]

📧 I am happy to help with your visa and citizenship options. You can book a consultation with me: tom-bradford.com/contact-me Download my free Global Talent planner (that has helped my clients to get endorsed): mailchi.mp/tom-bradford.com/global-talent-planner Download my free innovator visa checklist (the one my successful clients use): mailchi.mp/tom-bradford/innovator-visa-document-checklist Download my free guide for the UK Expansion Worker visa: mailchi.mp/tom-bradford.com/lvvaqm5rtl

[@thelastreligion7thCE]

Hats Off Mate, Very Informative Video

[@chandanasuresh2363]

Hi Tom, I have a question, Does endorsement body conduct interview after we submit our business plan?

[@jibranqadri7130]

Hi Tom! Can we bring a already set up business to the UK with innovator/founder visa?

[@ChiTime]

Hi Tom, would you recommend I build my website before i apply?

[@Tarihsel234]

Hello, i have a question: i have amazon seller experience, i have a lot of experience for e commerce. how can i find idea about innovator founder visa.

[@TomBradford]

Thanks Ferhat, that’s great to hear. Potentially, but e-commerce is often perceived to be quite saturated and/or not innovative. It does depend on the facts though.

[@Tarihsel234]

@@TomBradford thank you for relpy, if a system is established that will bring together producers, sellers, photographers, content producers. And overseas sales and product discovery software consultancy. Shortly : how is the idea of an a to z process consultancy for person who want to do e commerce Business ?