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What Seed Funding Competitions can I partake in for a Tier 1 Entrepreneur visa?

The Tier 1 Entrepreneur visa route can be accessed by either access to £200,000 or £50,000. The differentiating factor between the two is the source of funds and current visa status.

Under the £200,000 financial requirement, the funds may either be owned by the applicant or by a third party. Note that the third party must sign a declaration that the money is accessible by the entrepreneur in the UK.

Also, anyone, irrespective of whether or not they have been the UK can apply by meeting the £200,000 financial requirement.

Under the £50,000 financial requirement however, different sets of rules apply. Applicants can only using this route if: -

  1. They have successfully completed a course of study in a UK tertiary educational institution and have been endorsed the UK tertiary educational institution as having a good and special business idea. Here, the university accepts to sponsor the student under the Tier 1 Graduate Entrepreneur scheme. Click here to read more about the Tier 1 Graduate Entrepreneur visa
  2. They have secured funding from a Seed funding competition endorsed by the Department of Trade.
  3. That have secured seed funding from a venture capitalist firm registered with the Financial Conduct Authority.
  4. They have already invested at least £50,000 in a UK business 12 months before the date of application.

The Home Office recognises several major seed funding competitions that have been endorsed by the UK Department of Trade and Investment (UKTI). Some of which include:

  • Seedcamp
  • Entrepreneur First
  • Founders Factory Accelerator
  • Tech stars
  • Pi Lab
  • Emerge Education
  • Oxygen Accelerator
  • Wayra UK

Seedcamp: - Seedcamp's offers three options for investment: -

  1. € 75,000 for 7 percent equity - The Structured Equity deal.
  2. 3 percent as a Warrant
  3. € 200,000 in Seed investment

Please visit their website for more details

Entrepreneur first - This is a tech startup seed funding competition aimed at engineers and computer scientists who have strong business ideas in the tech industry. Their program is a 6 month intensive bootcamp followed by an 18 months general support for the business idea. They run their program in both London and Singapore. Find out more on their website.

Founders Factory Accelerator - This is also another tech startup seed funding competition. Their offer is in two folds. Accelerator and Incubator. The accelerator option is designed for tech entrepreneurs who are in the beginning stage of their business idea. If selected, they will normally be invited for a 6 months bootcamp to network and grow their business idea. The next option is the Incubator. Here products are built from the scratch along with their in-house business growth hackers and business development experts. Visit their website for more information.

Tech Stars - Generally acclaimed to be the most competitor mentor program in the world. They position themselves as a global eco system that helps entrepreneurs and build great businesses. Every year, the company announce what industries or sectors they will be focusing on; and this year, the focus is on digital health and sensor technology. See more on the website here.

Pi Lab - Pi Lab is a property Tech Venture Capitalist firm. Their offer is similar to SeedCamp's: -

  1. Accelerator Investment of up to £100,000
  2. 5 percent accelerator warrant
  3. Seed investment of up to £2m

Emerge Education - Emerge education offers an accelerator program of a 3 month bootcamp for individuals looking to improve educational outcomes. They welcome edtech startups at any stage of the business development.

Oxygen Accelerator - They are also a tech startup. They offer € 21,000 per team in exchange for 8 percent equity. They have a 13 week intensive bootcamp program as part of the package. Click here to go to their website.

Wayra - They offer venture capitalist funding of up to £34,000. Importantly, Wayra are not restricted to the tech industry like the others.

How we can help

Reiss Edwards are a specialist Tier 1 entrepreneur law firm in London and we can help with any part of the Tier 1 entrepreneur visa application. Our immigration solicitors do not assist you with securing funds but can suggest to you what venture capitalist firms or competition are available and endorsed by the UKTI. Contact us on 020374427797 if you need help with your entrepreneur visa application.

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O.L

Andy Tieu is absolutely amazing.

As a lawyer myself I can categorically say that he knows his stuff, gentle, responsive, cares about you and not just about the money, very professional.
I mean I can go on and on!

Andy and the entire team at Reiss Edwards are amazing!

Thanks again Andy.

Kiran Sardar


I found Joe very helpful and tremendous patience which is a must in this professional as there are lots of emotions always involved in each and every case.

The way they dealt with my case during COVID19 Situation is highly appreciable. I would definitely recommend Joe D. and Anna F. Anna is an amazing lady, her patience is beyond my words.

Her hard work and professionalism have no boundaries. She is the right person for all type of cases.

Thanks to Anna and Joe for all your support and guidance which helped me fulfill my dream.

I would say Reiss Edwards is lucky to have Joe D. and Anna F. Great job Reiss Edwards.

thanks once again. Anna you’re a Gem and a Star.

Cheyam Shaked

"Anna Foley was the lawyer helping my partner obtain an EEA EFM visa. She was outstanding. Handling the case with constant correspondence over a lengthy, lockdown delayed 7-month application process. Her expert advice guided us successfully through some difficult times as a result of COVID-19. Some of the best service I have received for any service ever! Often replying to emails late at night, offering to send additional correspondence to the home office and going above and beyond in handling our case! Well done and thank you Reiss Edwards and thank you Anna!!".

Isaac .T

"Professional service. I was very impressed with the fact that my ILR application was successful 6 weeks after the submission amidst the COVID-19 pandemic. I also think the portfolio put together by the team at Reiss Edwards has played a big part in the quick turnaround of my application".

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"Reiss Edwards did a great job, and so much work, for their reasonable fixed fee. I would heartily recommend them to anyone looking to secure a Visa and /or Visa renewal. I will use them again when mine needs to renew. Great value".

Majlinda Berisha

"The help, the professionalism, the kindness from this team is phenomenal. A massive thank you to Anna Foley.

I have had a really tough time with getting my husband’s visa. My last immigration lawyer made many mistakes that caused stress, disappointments and sadness.

I was weary about getting another lawyer as I thought I was going to go through the same experience but no, it turned out better than what I had hoped or even imagined.

What I received was: constant emails and calls updating me and asking if anything else is needed. If I called and they missed my phone call I would get a call back within 10 minutes. All of my documents were carefully checked and I would get a reply the next day if anything was missing or not correct. There were times that I was impatient and asked to just send the visa off, but was reminded that everything had to be perfect and correct before submitting the application. I was told about every option I had and discussed what the best would be. I was always spoke in a nice, calm, polite manner.

The overall intelligence of this team, especially Anna Foley for me, is outstanding. I am speechless. Anna done such an amazing job on my husband’s application that although we couldn’t apply for the fast service and was told to wait for 12 weeks, we got a reply within 5 weeks.

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"Thank you, Ms. Anna Foley! I am writing this with tears of joy.

As a family, we are all grateful to Anna Foley and her firm Reiss Edwards, for doing all the hard work and giving us the best support. Finally We found the best law firm".

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"Highly professional organisation and really supportive solicitors. Ina Iteva the solicitor that was provided to us was a blessing in disguise, as our first solicitor was let go off due to pandemic. She was so supportive and understanding throughout the process, and my husband spouse visa was granted due to their effort and attention to detail. We constantly try to keep in touch with her and consider her as more of a friend now than a solicitor. Sure, to bother her and the firm more in the future".

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"My Tier 1 Investor Visa was dealt with quickly and without issue. Would recommend Reiss Edwards as an Immigration law firm in London. Thank you to the team".

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"This is the only firm that i spoke with that didn't ask for money before listening to me, will be using them again. I used Reiss Edwards for my Tier 2 visa application and it was successful. The team was ever present and happy to answer my question. The caseworker that dealing with my case went on holiday yet by case did not suffer one bit. Another lawyer stepped and took over the case without any hassle".

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Top Notch Immigration Service

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Gallagher Jones

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Fong Li

"Investing over 2 million pounds is definitely not a routine decision. We had to make sure that the Tier 1 investor immigration lawyers that we'd be picking has to be one of the best within the Tier 1 investor category. We contacted Reiss Edwards and they were able to get us not only the Tier 1 investor visa but also suggested profitable investment portfolios in addition to what we already had in mind".

Nancy Jacquard

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Amir Sandeep

"The team of lawyers at Reiss Edwards are very professional and friendly people. Their experience in and around UK immigration law is quite extensive; be sure that you application is in safe and competent hands. My immigration matter was an indefinite leave to remain application based on Tier 1 on a self-employment basis. The immigration lawyers at Reiss Edwards made sure that the application was perfect and ready to be accepted. I got a positive decision and I recommend them highly for anyone who needs a UK immigration help".

Reiss Edwards Reviews

O.L

"Andy Tieu is absolutely amazing, as a lawyer myself I can categorically say tha...

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Kiran Sardar

"I found Joe very helpful and tremendous patience which is a must in this profes...

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Cheyam Shaked

"Anna Foley was the lawyer helping my partner obtain an EEA EFM visa. She was ou...

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Isaac .T

"Professional service. I was very impressed with the fact that my ILR applicatio...

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Jesse Lee

"Reiss Edwards did a great job, and so much work, for their reasonable fixed fee...

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Majlinda Berisha

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"I had the chance to use Reiss Edwards services for my Tier 2 extension. Marija ...

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Khasan Vosijonov

"Thank you, Ms. Anna Foley! I am writing this with tears of joy. As a family, we...

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Saira Lawson-Brown

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Nora Nkechi

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Deepak Chartbhurjh

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Hakeem Salam

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"Reiss Edwards is a top notch immigration service company. The way they handled ...

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Mo Hussein

"I have been using Reiss Edwards for three years now for my family's immigration...

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Gallagher Jones

"I contacted Reiss Edwards to help me with my wife's UK settlement visa. They ac...

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Richard Stone

"I have just had British Citizenship application approved. Prior to making the a...

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Fong Li

"Investing over 2 million pounds is defintely not a routine decision. We had to ...

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Nancy Jacquard

"It's a shame that you don't have an 'Excellent' star rating on here, as my expe...

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Florence Giwa

"I am glad that i instructed Reiss Edwards on my visa matter. It started with a ...

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"Fantastic Solicitors!!! My wife's spouse visa extension application was refused...

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"The team of lawyers at Reiss Edwards are very professional and friendly people....

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