UK Innovator Founder Visa | Complete Guide 2024

#UKInnovatorFounderVisa #Entrepreneurship #UKVisa #StartUpUK #BusinessInUK #ukvisa #ukimmigration2023 #uksettlement #ukbusinessvisa
This Video is a complete guide for UK Innovator Founder Visa, we have also discussed 35 New Business Innovative Ideas which can be use to apply this Visa.
The new UK Innovator Founder Visa Route commenced since 13 April 2023 ended the Start-Up visa scheme and there is now only below three Home Office approved Endorsing bodies👇
GEMINUS INNOVATION
ENVESTORS
UK ENDORSEMENT SERVICES
Good News is the requirement of £50,000 investment fund is no longer applicable and Innovator Founders can take up secondary
employment as well.
If you have a good business idea that is viable, scalable and innovative. Then this visa is just ✅ for you.
Do let us know in comment section if you have any questions, We’ll love to hear from you.New vlog will come soon & stay connected...
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[@dygygt]

Its really good! Thanks for all the infos!

[@mukhtarsaru854]

Such a nice and informative video I really impressed your good work keep sharing more

[@greathuman4534]

Wow amazing it’s very interesting and informative content ❤

[@imranhy4852]

Keep sharing more such helpful videos

[@manitarai3660]

Thanks for sharing this helpful video❤

[@ZarmeenaKhan-91]

Informative

[@mahnoorfarooq6869]

Very interesting and informative video 😊

[@anzarahmed7701]

Wow amazing video

[@hayazehra8193]

very well explained....

[@Shaista.Durrani]

Amazing ❤

[@warda_foodies]

Very well explained❤❤❤

[@ovenpan5300]

Good information

[@maidavlogs8752]

Nice

[@dualardabulusalm301]

very good 👍👍

[@warda_foodies]

I am your new subscriber warda foodies.❤❤❤

[@dindyal6664]

Sir you have told very good information and in future if we ever get a chance to go out of India then we will definitely follow whatever information you have given thank you sir

[@fojlurrahman7212]

Thanks for information

[@UKknowledgeGuru]

Welcome And do watch this guidance too related to it : kzbin.info/www/bejne/Z5PNhaCvbbZ0eZI

[@kashmaladesigner871]

I am your new subcriber kashmala designer

[@staywithmevlog]

Very nice 👍 well explained ❤

[@ShikhaSin-rx1qd]

Soo nice explanation.👍👍

[@manjeetram1464]

Very informative video.....appreciate for your time and hard work...I'm also planning for this visa

[@UKknowledgeGuru]

Best of luck

[@deepakwaharakagama6291]

Please recommend immigration advisor

[@basmakhalid9951]

God bless you sir! You don’t have idea this video of yours has helped me in this hour of need. It’s like you have shown a light of hope. I’m working full time for nest pensions and my husband is a student but unfortunately we have not able to secure a tier 2 yet so maybe I can look into this more deeply and after studying it I might apply.

[@UKknowledgeGuru]

Yes, keep trying to find Sponsor Job but get ready for backup. Best Idea is look for case studies for successful businesses in Spain related to your qualifications & experiences. Collect all the data and start writing the business proposal which I have discussed in my video. Send me an email request and I will share the Business Calculation Sheet. Best of Luck.

[@wasiuojeleye6236]

Have you been able to apply?

[@leadsapavj7097]

Thanks a ton for sharing such insights into the visa category. May I know what is your thoughts about commercial cloud kitchen idea in the UK for 2023

[@UKknowledgeGuru]

Yes, its a good idea and with some innovations in existing business model you can lead the market. Its over a $10 Billion market in USA. Here is the complete guide how to start Cloud Kitchen. www.posist.com/restaurant-times/uk/setup-cloud-kitchen-uk.html Best of Luck....

[@adedigbaadewumi349]

Thank you very much for taking your time to explain .Please do you mind sharing template of the business proposal and plan?just to have idea of how to write mine

[@UKknowledgeGuru]

Send me an email request at [e-mail] and I will attach it. Best of Luck

[@LivinGrand]

Hi. I bumped into your channel today while searching for this kind of information. Please allow me to send you an email to show you my idea and have your opinion.

[@Joyflexxy]

God bless you Sir for explaining it in a concise manner. What are we submitting first to the endorsing body, is it business proposal or business plan.

[@UKknowledgeGuru]

Both Business Plan: A business plan is a comprehensive document that outlines a company's overall strategy, objectives, and operational details. Its primary purpose is to provide a roadmap for the organization's growth and development. Business plans are typically used internally by business owners, management, and potential investors. Business Proposal: A business proposal is a document created with the specific goal of persuading another party to enter into a business arrangement, partnership, or transaction. Its primary purpose is to present a solution to a problem or an opportunity and to win contracts, clients, or funding. Send me an email mentioning you need Innovator Visa Business Plan calculation sheet and I will attach in reply. You need to fill all the business plan calculation for the endorsement body. [e-mail]

[@cretan7726]

Good Informative Video. Will anything related to AI be acceptable

[@UKknowledgeGuru]

Yes, definitely and you must take a look to Data Driven Innovation (Edinburgh Uni) massive scope in this field

[@aaryaramesh6768]

Hi, if the product is a digital product but does not put forth any tech innovation what are its chances of success? Does the product have to be tech related and is that relevant for what endorsing bodies and the home office are currently looking for? is it more unlikely to be approved if it is innovation in terms of the idea but not in a technological sense? thank you for your time :)

[@UKknowledgeGuru]

If your digital product represents a novel solution, addresses a significant market need, and demonstrates the potential for growth and scalability, it can still be considered innovative, even if it doesn't involve cutting-edge technology. Since, you never mentioned details about the product, so I cant be specific. When applying for the Innovator Visa, it's essential to highlight the innovation and commercial potential of your product or idea, regardless of whether it's technology-related or not. Emphasize factors such as market demand, competitive advantage, scalability, and your ability to execute your business plan effectively. Best of luck...

[@nilamranpura7503]

Thank you for your Informative video. I want to start up Fabric Handicraft buisness Is that good decision for this visa ? Thanks 😊

[@UKknowledgeGuru]

The Innovator Founder Visa for the UK can be a good option for your fabric handicraft business, but there are some things to consider to see if it's the best fit and how to potentially make it more innovative. Here are some ways to potentially enhance the innovative aspect of your business and make it a stronger candidate for the Innovator Founder Visa: Focus on Sustainable Materials: Use eco-friendly or recycled materials in your fabric creations. Incorporate Technology: Explore integrating technology like 3D printing or laser cutting into your designs or production process. Unique Techniques or Designs: Offer distinctive handicraft techniques or designs not readily available in the UK market. Fusion of Cultures: Combine traditional fabric crafts from your home country with British styles or themes. Online Presence and Personalization: Develop a strong online platform for showcasing and selling your work, potentially offering customization options.

[@syedasim15]

"If an applicant has both options available, i.e., Skilled Worker Visa and Innovator Founder Visa, which one is better to choose, considering the fact that the applicant has IT business experience and actual intentions of starting an IT business?"

[@UKknowledgeGuru]

In my opinion, if you have received the endorsement already then 100% Innovator Founder Visa, its a quick route to settle in the UK then SWV. Also, you can't compare your own business with someone else business when you working for them and making money for them, when you can make more money and grow your own business for your next generation.

[@sailap5022]

who ever are planning to do on fusion or healthy food business (with a new set of menu etc), backyard gardening concept, bio-gas or free electric energy - the endorsing body is not accepting. This is the idea i have proposed since it is not or less available in UK but then they have rejected it stating it is not innovative and are not considering any food related business idea since it is a large industry unless it is highly different and innovative. So don't waste your money if you have similar idea as mine

[@UKknowledgeGuru]

Hi, Its really sad to know that they refusing ideas which can bring change. Technically, Its a proposed Idea and Innovation comes by the time. At least they should have gave you the chance. It would be great help, if you share your refusal with me. So, I will be in better position to guide others. [e-mail]

[@AnamTazanuf]

bro i also have a idea about grocery shop fram to fork and that kind of idea accptable or not and i have also minimum fund and english requirment please guide me that kind of idea endorement by bodies or not ?

[@UKknowledgeGuru]

You can select any endorsement body, your idea needs to be scalable. If you add AI of next level it will hit innovation level. I am sharing Home Office guidance, which Home Office will use to decide you will be getting the Visa or Not. Watch this guide without forwarding so you know everything you need to know kzbin.info/www/bejne/Z5PNhaCvbbZ0eZI

[@majidmukhtar8423]

First we have to contact endorsing bodies and present them business proposal do they charge fee ? If yes then how much?

[@UKknowledgeGuru]

When this Visa started the aim was to bring Innovation and the fees for endorsement was £29 + VAT. But now there are only 3 companies and this is approx. fees for the endorsement. Innovator Founder assessment fee: £1000 - due once you make your application Innovator Founder assessment fee (Settlement & Visa Extension): £1000 - due once you make your application Innovator Founder monitoring fee (24 month checkpoint): £500 - due 8 months after your business start date Innovator Founder monitoring fee (12 month checkpoint): £500 - due 8 months after your business start date

[@samanali111]

For applying innovator founder visa its mandatory that ielts should be given by main applicant.or spouse or any other family member can give??

[@UKknowledgeGuru]

Its the Main Applicant who needs to proof. The spouse and other family members will be joining as a dependant.

[@Solobuddy11]

Sir can you help for same

[@JesusisLord78]

After getting a visa with the initial business plan and it fails can I start another type of business

[@UKknowledgeGuru]

Its a very good question and everyone will get benefit from your question so let me go in detail. If your initial business plan for the UK Innovator Founder Visa was approved, but the business subsequently failed, you may still be able to maintain your visa status under certain circumstances. The UK Visas and Immigration (UKVI) will assess your case on an individual basis, taking into account the following factors: The reasons for the business failure: If the failure was due to unforeseen circumstances or factors beyond your control, you may be able to keep your visa. However, if the failure was due to poor management or a lack of viable business plans, you may not be able to continue your visa status. Your efforts to salvage the business: If you have taken steps to try to salvage the business, such as restructuring or seeking additional investment, this may be seen favorably by the UKVI. Your future business plans: If you have developed new business plans that are considered to be viable and have a good chance of success, the UKVI may be more likely to grant you continued visa status. It is important to note that there is no guarantee that you will be able to keep your visa status if your business fails. However, if you can demonstrate that you have made a genuine effort to make your business successful and that you have viable future plans, you may be able to remain in the UK. Here are some steps you can take if your business fails and you are on an Innovator Founder Visa: Contact UKVI as soon as possible: Inform UKVI of the situation and explain the reasons for the business failure. Provide evidence of your efforts to salvage the business: Gather documentation of any steps you have taken to try to save the business. Develop new business plans: If you have new business ideas, create detailed and well-researched business plans. Seek legal advice: Consult with an immigration lawyer who specializes in Innovator Founder Visas for guidance and support.

[@motivate2363]

Hey I'm 18 and i have a super idea. But i don't have any team & no experience but i know many things about start up but no certificate. How many chance do i get uk innovator visa. Actually I'm from Bangladesh

[@UKknowledgeGuru]

If your idea is superb then you just need to put that idea in the proposal along with the Business Calculation Sheet. Send me an email request at [e-mail] and I will share it with you Once you submit you proposal to Endorsement Body and your idea gets approved then don't worry about the team. You might find Assets Management companies too who might invest in your project. One applicant I came across like you on YT, got idea approved and Assets Management Company invested, his idea is to generate electric from bike running on the pavement within the office premisses when employees park their car and bike to go to in the office. Best of Luck

[@mdrahimchowdhury2579]

Sir, I am a Web Designer, Top rated nominated at fiverr. I am working since past over 3 years & i have started virtually a new web & digital media agency which is "NextCobra". I am the founder & CEO. I have some of team members also.. If i tell them IT Business plan, goals, how it works, How creative people’s will be benefit. Is it possible to get this type of Visa?

[@UKknowledgeGuru]

I tried to access your website but its not working in the UK for some reason. I can imagine your skills will be amazing cuz you got nominated top rated. Its takes efforts and competition on fiver is massive. Can you not think of some AI integrated digital marketing idea that can count as innovative ? Something that might have started in China or any other country but not yet in the UK. For Example : Augmented reality (AR) and virtual reality (VR) web experiences: AR and VR can be used to create immersive web experiences that are not possible with traditional web technologies. For example, an AR app could allow users to virtually tour a new home before they buy it, or a VR app could allow users to take a virtual field trip to a historical site. Voice-activated web interfaces: Voice-activated web interfaces would allow users to interact with websites using their voices instead of a mouse or keyboard. This would make websites more accessible to people with disabilities, and it would also make it easier for people to use websites hands-free.

[@yana_klmnsk]

You forgot to mention you must have acess to investment funds of £50,000.

[@UKknowledgeGuru]

Hi Yana, Sorry for late reply. There is no longer any requirements for the £50,000 investment.

[@yana_klmnsk]

@@UKknowledgeGuru thank you!

[@pmc806]

is there any minimum funds to shows when lodging the file for endorsement?

[@UKknowledgeGuru]

No, there is no specific minimum amount of funds you need to show when lodging the file for endorsement for the UK Innovator Founder Visa. This has changed from the previous Innovator Visa which required demonstrating £50,000 in investment funds. However, while there's no set minimum, you will still need to demonstrate that you have sufficient funding to support yourself and your business in the UK. This is assessed by the endorsing body to ensure your business idea is viable and has the potential to grow.

[@user-mr9rd6kk9t]

What will happen if we get the visa and we cannot continue our businesses

[@UKknowledgeGuru]

The Innovator visa requires you to be genuinely active in running a viable and innovative business in the UK. If your business ceases to operate, it could be seen as a breach of your visa conditions. To extend your Innovator visa after the initial 3 years, you'll need to demonstrate progress. This includes showing that your business is generating income, creating jobs, and attracting investment. A struggling business might make extension difficult.

[@jayanta_Saha]

Agar mai ye visa k liye apply karta hu, toh mai saat mei mera wife ko lekhe uk ja Sakta hu ? Ya uske liye bhi alag se visa lena hoga ? Plz reply sir🙏

[@UKknowledgeGuru]

Yes, if you get the Visa then you can apply dependant Visa and you can take kids and wife with you.

[@1955rauf]

I want to open business in Scotland which embodies should I apply

[@UKknowledgeGuru]

Envestors Limited UK Endorsing Services Innovator International The Global Entrepreneurs Programme (GEP)

[@fojlurrahman7212]

Can i switch from Care visa Please let me know

[@UKknowledgeGuru]

Yes

[@rangehina7334]

Green passport k chances kya hain

[@UKknowledgeGuru]

You mean black ? As UK passport is Black in Colour now. As long you put efforts in the right direction, the chances are always 100%. UK is most easiest place to get the passport if you get the skilled visa. In life you always have to try to achieve anything. Best of Luck

[@tharunap9403]

Any chance to get an innovator visa by using retail business ideas? Please let me know

[@UKknowledgeGuru]

Yes, as long the idea is New & Innovative. For Example, Opening a Retail shop to sell Drone Security Guards. You will be importing them from Korea, China or Japan but selling them in UK as a retailer. Its something no one is doing it so its New & Innovative.

[@rajeevthorat5006]

I have innovative idea in clean technology space. Where to contact you?

[@UKknowledgeGuru]

Sorry for late reply. Drop me an email and I will guide you [e-mail]

[@awaischaudhary_]

1 small business ki ktni cost aa jaigi?

[@UKknowledgeGuru]

Initially, you just need to pay Visa Fees. Once your Business Idea is approved the funding won't be a problem. Cuz the endorsing bodies will provide list who will be happy to invest in your business. Cuz ur plan is the future of UK. If you aiming just to move UK, then best route would be Student Visa which will cost approx. £6k initially then once you here you can try to start any small business after studies. You will get 2 years post graduate visa which also allow you to bring your dependants too.

[@rubinasiraj8182]

@@UKknowledgeGuru student visa UK just cost £6000? Are you sure? Visa processing, health surcharge, accommodation and all other than the living expenses?

[@Solobuddy11]

​@@rubinasiraj8182 hi are you applying for same

[@rubinasiraj8182]

@@UKknowledgeGuru please needs guidance over student visa UK.

[@UKknowledgeGuru]

Sorry for Late Reply, Usually Students do this way: The way it works you pay the University initial deposit £3000 approx and £649 health surcharge + Visa Fee. Once you in UK then you pay 1 month shared room rent £300 and living expense £300. Student then find jobs and make like £800 - £1200 per month. There is limitation of 20 hrs per week but when Uni is off Term you can work Full-Time / Sometime (Cash in Hand). This above scenario is only possible when all cards in your favour.

[@muhammadsalmankhan7818]

Are you able to process whole process? If yes share your number.. i am living in UK & want to change my visa status

[@UKknowledgeGuru]

Recently UK Govt has made changes to the UK Innovator Visa, the process is very simple now and my personal suggestion is, you just apply yourself cuz the immigration consultants might not do your application Right as this is like a Business Proposal where your idea & figures must correlate to your RoI. Send me an email and I will share the template for Business Proposal and Excel Sheet for calculations which you needs to submit along with your application. [e-mail]