Start-up and Innovator Visa Business Plans

If you are a non-EEA national, recent changes in applying for a visa allow you to establish and run a business in the UK. However, a comprehensive and detailed business plan is required to explain your ideas and business strategy. The experts at Business Plan Writers UK can assist you with this part of the application process and help you successfully obtain visa status.

Two Visa Options

The UK is one of the most attractive places in the world for entrepreneurs to establish and grow their businesses. It has business-friendly regulations, a competitive tax environment, an educated and talented workforce, and renowned legal and financial systems.
The Government discontinued the ‘Tier 1 Entrepreneur Visa’ category as of 29th March 2019 and replaced it with two new categories – ‘Start-up Visa’ and ‘Innovator Visa.’ To qualify for either Visa, applicants must demonstrate that their business idea is a unique, innovative, viable, and scalable. They are also required to obtain an endorsement from an authorised body. We can develop a business plan that accurately articulates your ideas and vision for execution so you can get the approval you need.

Startup VISA

The Start-up Visa category is for ambitious entrepreneurs in the early stages of their business who are considered to have high potential and wish to establish a business in the UK for the first time.

Applicants do not need any funds to invest in their business at this stage, and must not have previously set up a business in the UK.
Successful applicants are granted leave for 2 years and can also bring their family members (spouses/partners and children under 18) to the UK.
During the granted period of leave applicants will spend the majority of their time developing their businesses but can also take on other work outside of their businesses, to support themselves.
At the end of 2 years, Startup visa holders can switch into the Innovator category to extend their stay and develop their businesses in the UK.

Innovator VISA

The Innovator Visa category is for more experienced business people wishing to set up an innovative business in the UK.

Applicants will need a minimum £50,000 funding available to invest in their business.
Successful Innovators are granted leave for 3 years at a time and can also bring their family members (spouses/partners and children under 18) to the UK.
Innovators must work entirely on developing their business ventures and may not take on other employment outside their business.
This includes anything which effectively amounts to employment, such as using their own business to hire out their labour to another employer.
After 3 years, Innovators can apply to extend their stay for a further 3 years or to settle permanently in the UK.
Each of these 3 stages (initial application, extension, settlement) requires endorsement from an endorsing body.

Endorsement

Obtaining an endorsement letter from an approved endorsing body is a critical requirement for both Start-up and Innovator Visas. The endorsement letter must clearly illustrate that the idea contained in the application for the Visa is:

Innovative: The applicant must prove that their idea is genuine, original, and unique, meets a new or existing market need, or creates a competitive advantage.
Viable: The applicant must show they have the necessary skills, knowledge, experience, and market awareness to successfully run the applied-for business.
Scalable: The applicant must present a structured business plan, including the business’s potential to create jobs and grow into national and international markets. In addition, they need to convince the endorser of their intentions, so they are “reasonably satisfied that the applicant will spend the majority of their working time in the UK on developing business ventures.”

List of official endorsing bodies:

Endorsing Bodies - Start Up

Endorsing Bodies - Innovator

Extension applications for Tier 1 (Entrepreneur) migrants will remain open until 5 April 2023, and settlement applications until 5 April 2025.

How We Can Help

We have several immigration agents and solicitors we can recommend, and we can create the perfect business plan to present to the relevant endorsing body. We develop our expertly-written business plans using a three-step process:

Consult

Discuss details about your business with you

Research

Conduct research to fill in the gaps

Write

Formulate, create, and write your business plan

You should have a professional, custom-tailored business plan showcasing your innovative idea for a new UK business to ensure the endorsing body considers your Visa application seriously. We don’t waste time and work swiftly to develop your business plan so you can present your application as quickly as possible. If your application is successful, you will gain entry into the United Kingdom quickly, so please make sure you have everything in order before applying. We have worked with a wide range of clients, including Saudi Arabia, Pakistan, Russia, India, China, Canada, and the United States.

If you are thinking about applying for a UK Start-up or Innovator Visa, please reach out to us. Our team is happy to help guide you through every step of the process.

Our Process is Easy

We take the stress out of writing your business plan.

Free Consultation Call
Information Gathering
First Draft
Revisions
Final Draft and Handover

More Details

How Much Does it Cost?

Our professional business plans are affordable and accessible to businesses of all shapes and sizes. They are an exceptional value for the money we charge. Of course, the cost of your customised business plan will depend on your unique business – the complexity of your business model, the level of detail it requires, and your target audience. After we have our initial phone consultation, we will be able to provide an accurate quote for your project. Every plan is unique and written specifically for the needs of each business.

What Our Satisfied Clients Say

As a start-up company, I knew the importance of having a thorough and well-written business plan. In my search for a company that would be able to write my business plan, I was fortunate to find the Business Plan Writers UK team. The business plan that they wrote was engaging, informative, and well-detailed. One of our investors called it an “excellent business plan.” I would highly recommend them to anyone who is serious about finding funding for their project.

Mark Savvidou

I initially set upon finding a professional business plan writing service to deliver a BP that would attract investors to my business, after discussing options with many different providers I made the choice to choose the ‘Business Plan Writers UK’ based on initial discussions with my designated plan writing expert. The initial contact gave me confidence in the fact that I was in the right hands and that the person on the end of the phone was exceptionally knowledgeable and very capable. Not only did I receive my very detailed plan on time but I also gained expert knowledge along the way. I would highly recommend the business plan writers the UK to anyone wanting a professional, accurate and timely business plan.

Darren Jacks

Owner

Rather than the typical client/vendor relationship I’m used to, the ‘Business Plan Writers UK’ team has been more like a strategic partner and trusted advisor. Not only did they provide me with a dynamic business plan but they have given me invaluable advice and feedback along the way. They have exceeded my expectations in every way possible during this exciting time of starting & ultimately growing my business.

Ian Reid

Owner