Innovator Founder Visa
Launch an innovative, viable and scalable UK business.
Fee
£1,274 (outside UK) / £1,590 (inside UK)
IHS
£1,035 / year
Duration
3 years, extendable indefinitely
Processing
3 weeks
Overview
For experienced businesspeople setting up a business endorsed by an approved body. Replaced the old Start-up and Innovator visas in April 2023.
Eligibility
- Endorsement from an approved endorsing body (list updated annually on GOV.UK)
- Business idea is innovative, viable and scalable — assessed at endorsement
- English language B2 CEFR
- Sufficient personal savings (£1,270+, held 28 days)
- Contact points with endorsing body at 12 and 24 months
Required documents
- Passport
- Endorsement letter
- Detailed business plan
- English language B2 certificate
- Bank statements
How to apply
- 1Refine your business planFocus on innovation (new product/service), viability, and scalability.
- 2Get endorsedPitch to an approved endorsing body — fees vary £1,000-£5,000.
- 3Apply for visaSubmit application within 3 months of endorsement.
- 4Launch and meet contact pointsBuild the business; attend review meetings at 12 and 24 months.
- 5SettleEligible for settlement after 3 years if business criteria are met.
Key notes
- No minimum investment funds — but endorsing bodies will test financial viability.
- Secondary employment permitted alongside running your business (skilled roles only).