One of the potential routes into the UK is the Tier 1 entrepreneur visa route. The Tier 1 entrepreneur visa allows those entrepreneurs with seed capital to move to the UK to live and start their proposed business. There are many such businesses in the UK and the market is growing at a significant rate as companies look for new sources of growth outside of their own businesses. This allows businesses to diversify and potentially incubate fresh ideas that they can cherry pick if they choose to or to allow to grow and spin out into a business.
Seed investment means that other business experts have faith in your idea and are willing to lend you capital to start your business. From a Home Office perspective, it is a clear indication that the business is built with a solid idea and foundation and is highly thought of by others in the space.
There is also the benefit of gaining insights and mentoring from experienced businessmen and women who have knowledge of running such a business and can mentor the entrepreneur so that they can grow the business and scale it properly. This mentorship is a strong helper in getting a business off of the ground and can be the difference between the business flourishing or not taking off in the first place, the incubation phase is incredibly important and strong mentorship will help.
Getting in touch with the trade association for your niche is often the first place to start. There are also many websites that allow contacts to be made between entrepreneurs and prospective seed investors. These contacts are vital in getting a business off the ground and having excellent seed capital can make a launch much more likely to happen.
You can also try the traditional business arms of the banks, but these are less likely to risk their capital on an untested business and this is where seed capital from an investment is best, be it venture capital or even angel investing.
Our specialist immigration lawyers can help turn your entrepreneurial dreams into a reality. We can produce your Tier 1 application and liaise with your investors to ensure that we have all of the appropriate documentary evidence that will be required to produce an outstanding application and give you the best chance of success. So if you have an idea and potential seed capital and want to have a chat or even start the process of application then get in touch.
From day one we will ensure that you have all the support that you need to give you the best chance of success with your application and can even put you in touch with amazing business plan writers who can illustrate your business in just the right way to impress the Home Office staff who will be assessing your application. So what are you waiting for?