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: -
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: - Seedcamp's offers three options for investment: -
Please visit their website http://seedcamp.com/ 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 https://www.joinef.com/
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 https://foundersfactory.com/
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 http://www.techstars.com/
Pi Lab - Pi Lab is a property Tech Venture Capitalist firm. Their offer is similar to SeedCamp's: -
Website: - http://pilabs.co.uk
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. View more here - http://emerge.education/
Oxygen Accelerator - They are also a tech startup. They offer 21,000 per team in exchange for 8% equity. They have a 13 week intensive bootcamp program as part of the package. Click here to go to their website http://www.oxygenaccelerator.com/
Wayra - They offer venture capitalist funding of up to £34,000. Importantly, they are not restricted to the tech industry like the others. Click here to go to their website
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. We 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.
438 ReviewsREAD ALL REVIEWS
Tier 1 Investor Visa - Business Immigration
Investing over 2 million pounds is defintely 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.
Indefinite Leave to remain - UK Settlement and Naturalisation
I am glad that i instructed Reiss Edwards on my visa matter. It started with a 20 minutes free immigration advice. I met with Amar to discuss my ILR refusal. He gave me a great deal of quality advice and decided to take on my messy case. I had doubts on the merits of my case by he was relatively convinced he could win it. That made me quite secure. To be honest, things did not start as quick as I would have wanted, but they kept on communicating the process and state of things to me.A big thank you to Verusha and Foram. They were also very helpful. Brilliant and informative. Their fee was fair and reasonable, especially if you compare them to other law firms and immigration law firms in London; some of whom even told me that i would not be able to get an indefinte leave to remain in this country. The process was long but was worth it. In the end, a big thank you to Reiss Edwards.
Citizenship Application - UK Naturalisation
TI have just had British Citizenship application approved. Prior to making the application, i was not sure which law firm i should hire to facilitate the paperwork. After a few hours of research, i decided to go with Reiss Edwards and i must confess that i wasnt disappointed. The immigration lawyers at Reiss Edwards handled my case well and they really knew what they were doing. They were fully aware of what documents I needed and it was easy for them to tell if my case was going to be easy or not. At the end of the day, I have not received my British citizenship within 3 months. If anyone is looking for a good immigration lawyer to handle thier case, contact Reiss Edwards.
Spouse Visa - Appeals and visa refusals
My wife's spouse visa extension application was refused by the Home Office and they gave her 14 days to leave the country. We contacted Reiss Edwards and they said "OK don't worry we will sort this out". They put together the list of documents for me to obtain and they prepared a bundle which was as thick as the printer it came out from.We followed everything they asked us to do and in the end we won our appeal and got our spouse visa. We can't recommend them enough and we have promised ourselves never to make any more UK visa applications without them.
Immigration Visa - Citizen of United Kingdom
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.
UK Settlement Visa
I contacted Reiss Edwards to help me with my wife’s UK settlement visa. They acted with utmost professionalism throughout the entire application. I spoke with Joe Dinh, he is an immigration solicitor and he is one of the best solicitors out there. He ensured that there was little to no room for error. At some point I thought he was over cautious. He remained calmed and continued to assure us on our immigration matter. Most people in his position would have panicked but he was calmed and continued to assure us. We received out positive outcome very quickly.
Cheap Immigration Lawyers in London
I have been using Reiss Edwards for three years now for my family's immigration application. Both for my initial application and extension. They are really affordable. The team of solicitors at this firm are probably one of the most efficient and economical in terms of cost. They offered free advice over the phone and spent good time with us before inviting us for consultation.
Top Notch Immigration Service
Reiss Edwards is a top notch immigration service company. The way they handled our documentation and also the list of documents they sent was efficient and top quality. They helped us professionally throughout the process. We are very happy with the immigration advice we received from the team. We highly recommend them.
Best Immigration Solicitors
I used Reiss Edwards’ immigration lawyers to assist with my immigration matter and that of my family. It was an EX1 application. They dealt with the matter properly and even when complications were coming up from the Home Office, they helped resolve the issue properly. They are very professional and are very popular in London. I am happy to have worked with them.
Indefinte Leave to remain - Individual Immigration - UK Settlement visa
It's a shame that you dont have an 'Excellent' star rating on here, as my experience with Reiss Edwards is nothing short of an excellent rating. They handled my application for an Indefinite Leave to remain in April 2014 and did my husband's one very recently including my daughter. Every time i have approached them, they have continued to treat me with courtesy, respect and patience. Amar was indeed a very thorough and professional gentleman. He is very knowledgeable, corporative and engaging. He responded to my emails, calls and enquiries promptly. He was always reassuring. I could not have asked for a better Immigration service. I would recommend them over and over again for anyone looking for an immigration advice. They gave me a free immigration advice when i called them, and the quality of the advice was something other charge thousands for. If you need a particular, name, Amar would be it. He exemplifies, for me, the true, professional gentleman. He is a valuable asset to Reiss Edwards.
Tier 2 Visa application - UK Work Visas
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.
Tier 1 Investor Visa - Business Immigration
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.