Start-Up Visa: Establish Your Business in the UK

The Start-Up Visa is designed for individuals seeking to establish a business in the UK for the first time. This visa category supports entrepreneurs with innovative, viable, and scalable business ideas, as validated by an endorsing body. The Start-Up Visa grants leave for two years and offers the opportunity to progress into the Innovator Visa category.

SquadLead is here to assist you at every stage of your journey, from developing a strong business plan to obtaining an endorsement from an approved body.

Eligibility Requirements

Applicants for the Start-Up Visa must meet the following criteria:

• Innovation: Your business idea must be original, meet an existing market need, or provide a competitive advantage.
• Viability: You must demonstrate the necessary experience, skills, knowledge, and commercial acumen to run the business.
• Scalability: Evidence of a clear growth strategy and job creation potential is required.

Required Documentation

To successfully apply for a Start-Up Visa, you will need:

• Endorsement Letter: Written approval from an endorsing body confirming your business meets the innovation, viability, and scalability criteria.
• Credible Business Plan: A detailed and well-structured business plan that aligns with your proposed venture.
• English Language Proficiency: Proof of B2 level English.
• Financial Stability: At least £945 in your bank account for a consecutive period of 90 days before applying.
• Credibility Assessment: Evidence to support your business proposal and application.

Benefits of the Start-Up Visa

• Bring your family members, including your spouse and children under 18.
• Switch from other visa categories, such as Tier 1 (Graduate Entrepreneur), Tier 2, Tier 4 (General), and Standard Visitor visas (with supporting documentation).
• Work a job alongside developing your business.

Restrictions

While the Start-Up Visa offers flexibility, there are certain limitations:

• You cannot claim public funds.
• You cannot work as a professional sportsperson or coach.
• You cannot work as a doctor or dentist in training.

Authorized Endorsement Bodies

Endorsement is a critical step in the Start-Up Visa process. Authorized endorsement bodies fall into two categories:

1. Business Endorsing Bodies: Organizations specializing in specific industries such as technology, science, or services.
2. Higher Education Institutions (HEIs): Typically for graduates of the respective institution.

SquadLead provides guidance in identifying the most relevant endorsing body based on your business domain.

How SquadLead Can Help You Get Endorsed

At SquadLead, we streamline the endorsement process to ensure your application stands out. Our support includes:

1. Business Model Development: We work with you to craft a robust and compliant business plan.
2. Endorsement Body Selection: Guidance in choosing the most suitable body based on your business focus.
3. Application Submission: Assistance in submitting your plan and documentation for endorsement.
4. Interview Preparation: Comprehensive coaching to help you present your business idea effectively.

Why Choose SquadLead?

• Expertise in Start-Up Visas: We have extensive experience helping entrepreneurs secure endorsements and visas.
• Tailored Solutions: Our services are customized to your unique business needs.
• Comprehensive Support: From initial consultation to post-approval assistance, we are with you every step of the way.

Take the first step toward establishing your business in the UK. Contact SquadLead today to learn more about our Start-Up Visa services.