• Overseas individuals (outside the European Economic Area) wishing to set up a new business in the UK can now apply for either a Scale-up or Innovator business visa issued by the UK Home Office.

• To qualify for a visa in either category, applicants must first obtain an endorsement from an approved endorsing body.

• Severn Seed Finance (SSF) is part of a new Endorsing Body called UK Endorsing Services.

Important Background to Consider Before Starting the Process

Your Business proposal for an Innovator Visa must meet the key tests of being:

• Innovative – an original business idea that meets a new or existing market need & creates a competitive advantage 

• Viable – You have now or with support will have the necessary skills and experience to develop and run your business proposal successfully

• Scalable – You can objectively demonstrate (through your business plan) that your business proposal will generate new jobs and can scale up into new national and international markets.

Further information on the Innovator Visa can be found on GOV.UK

Further information is also available on the UK Endorsing Services website