If you’re considering the UK’s Innovator Founder Visa, then one of your key questions is probably “how to create an Innovator Founder Visa business plan?”

*Disclaimer: please note that I am not an immigration adviser, nor do I offer any immigration advice. My services are purely of a business nature, and I solely help with making a successful application to endorsing bodies.

Rightly so, one of your key concerns should be how to create an Innovator Founder Visa business plan. In this article, I will briefly highlight 3 steps that you should take in order to create an Innovator Founder Visa business plan. 

However, it’s perhaps more accurate to state that these steps will provide the “groundwork” guide for how to create an Innovator Founder Visa business plan. 

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Seek expert opinion

Regardless of how much of a seasoned entrepreneur you may be, it’s important to get another perspective. 

The Innovator Visa route is expensive and you have to invest plenty of time into it. Thus, it’s key to get it right from the start. 

In this sense, I am the expert that you can speak to (more about me HERE). 

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Determine the viability & innovative aspect of your concept

Before taking any other steps, it’s imperative to ensure your idea is both viable and innovative.

Here are a few questions/pointers to help you get started:

  • Does a similar business (idea) exist in the UK?
  • How is mine different and/or better?
  • How can I defend this business proposition?

Of course, these are only a small point but they will help to place you in the right path. 

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Research the Innovator Founder Visa Endorsing Bodies 

Generally business plans follow a standard structure, with certain differences depending on the business and its industry. 

One of the most helpful things you can do is to get to know the endorsing bodies. Subsequently, it’s key to understand the endorsing body or bodies that you wish to target. 

In doing so, pay attention to the following:

  • What sort of industry do they operate in?
  • Who are some of the startups in their portfolio? 
  • How do they define success?

Hopefully these tips should help you get an idea about how to create an Innovator Founder Visa business plan…..Need help?

Get in touch with me today for an informal consultation to discuss your business proposition. As a former veteran of the business immigration path, I am best equipped to help you create a solid Innovator Founder Visa business plan.

About My name is Sohrab Vazir. I’m a UK-based entrepreneur and business consultant. At the age of 22, and while I was an international student (graduate), I started my own Property Technology (PropTech) business, StudyFlats.I did so by obtaining an endorsement from Newcastle University under the Tier 1 Graduate Entrepreneur Scheme (similar to the current Start-Up Visa). Subsequently, I obtained a further 3-year Tier 1 Entrepreneur visa (which was replaced by the Innovator visa). I grew my business to over 30 UK cities, and a team of four, and also obtained my Indefinite Leave to Remain (Settlement) in the UK. I now help other migrant entrepreneurs, such as myself, with their businesses, and mainly with obtaining endorsements from the endorsing bodies.

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