Innovator Founder Visas

The Innovator Founder visa is designed for experienced entrepreneurs seeking to establish and run an innovative business in the UK.

Applicants must present a business idea that is new, viable, and scalable, and innovative – distinct from anything currently on the market.

To qualify, a business must be endorsed by an approved endorsing body, which will assess whether the proposal meets the required criteria. Other eligibility requirements, including English proficiency must also be demonstrated.

Unlike the previous Innovator visa, there is no longer a fixed investment threshold – there is no need to show £50,000 in funds. However, applicants must be able to prove that their business is capable of growth and job creation, and that they have sufficient resources to support the venture.

The visa is granted for 3 years, with mandatory check-ins at 12 and 24 months to demonstrate progress. If endorsement is withdrawn, an Innovator Founder visa may be curtailed. After 3 years, applicants may be eligible to apply for an extension of their Innovator Founder visa or apply for Settlement, also known as Indefinite Leave to Remain (ILR), provided the relevant criteria is met.

If you would like tailored advice on the Innovator Founder visa, including a full list of requirements and guidance on securing endorsement, please contact our Immigration team.