Starting a business in the UK is a dream for many global entrepreneurs – from Turkey and beyond – seeking to tap into a vibrant market and innovation-friendly ecosystem. The UK Innovator Founder visa is a powerful route for experienced businesspeople with a strong idea and the ambition to scale globally.
This guide provides a clear and practical overview of the visa, requirements, benefits, and insights for professionals exploring this route.
What is the Innovator Founder Visa?
The Innovator Founder visa allows non-UK nationals to set up and run an innovative business in the UK. This route replaced the Innovator visa and simplified many requirements, including removing the £50,000 minimum investment threshold.
It’s designed for entrepreneurs who can demonstrate:
- A viable, innovative, and scalable business idea
- Active involvement in developing and running the business
- Endorsement by a UK Home Office-approved endorsing body
Key Eligibility Requirements
To apply for the Innovator Founder visa, you must:
- Have a Business Idea that is Innovative, Viable, and Scalable
Your business idea must be new (you cannot join a business that is already trading), offer a unique solution, and have strong potential for growth.
- Secure an Endorsement Letter
You need an endorsing body approved by the Home Office to assess your business plan and confirm your eligibility. This endorsement is a vital part of the application.
- Satisfy the English Language Requirement
You must demonstrate English proficiency (B2 level CEFR in speaking, listening, reading, and writing).
- Meet Financial Maintenance Requirements
You must have at least £1,270 in personal savings for 28 consecutive days prior to application (if you’ve been in the UK less than 12 months).
Endorsing Bodies
Endorsing bodies include both private sector accelerators and organisations focused on innovation. Each body has specific criteria and an application process, including:
- A pitch or interview
- A detailed business plan
- Assessment of your ability to deliver the plan
Examples include:
- Envestors Limited
- Innovator International
- UK Endorsing Services
Benefits of the Visa
- 3-Year Visa with a direct path to settlement (Indefinite Leave to Remain)
- No Investment Threshold – unlike the previous scheme
- Fast-track settlement after 3 years if requirements are met
- Family dependants (spouse/partner and children) can apply
- Work Flexibility – allows secondary employment in skilled roles
ILR and Extension
At the end of the 3-year period, you can apply for Indefinite Leave to Remain if you meet:
- Ongoing endorsement
- Business success metrics (job creation, revenue generation, etc.)
- Residency and language requirements
Common Pitfalls
- Unrealistic Business Plans – your idea must be practical and show a clear route to revenue
- Failure to Engage with Endorsing Bodies – poor communication can cost your endorsement
- Neglecting Legal Advice – missing out on early support can delay or derail your application
Legal and Strategic Support
As a London-based immigration advisor with commercial law expertise, I assist entrepreneurs with:
- Business plan preparation and review
- Guidance on selecting endorsing bodies
- Legal compliance with visa rules
- Coordinating endorsements and submission
Why Choose Sahin Legal Consultancy?
We bring a dual perspective – international legal experience with an understanding of both business realities and Home Office expectations. Whether you’re a Turkish entrepreneur or from any part of the world, we help you navigate complexities and build long-term residency strategies.
Final Thoughts
The Innovator Founder visa is not just a visa – it’s an invitation to build a future in one of the world’s most dynamic markets. If you’re ready to bring your business to the UK, now is the time to take the first step.
