Entrepreneurs

Requirements

• access to funds (minimum 50,000 British pounds with other requirements)
• English language
• Maintenance funds

Applicants are selected on a points-based system, including:

25 points for:

1. Access to not less than £200,000

or

• Access to not less than £50,000 from:

• 1 or more registered venture capital firms by the Financial Service Authority; or
• 1 or more UK entrepreneurial seed funding competitions listed as endorsed on the UK Trade and Investment website
• 1 or more UK government departments or devolved government departments in Scotland, Wales, or Northern Ireland, which have made the funds available for the specific purpose of establishing or expanding a UK business

• Access to not less than £50,000 and:

 

are applying for leave to remain and have, or were granted leave as a Tier 1 (Graduate entrepreneur) migrant

or

• Access to not less than £50,000 and:

• are applying for leave to remain and
• were last granted leave as a Tier 1 (Post-study work) migrant; and
• were registered with HM revenue and Customs as self-employed, or a registered director of a new or existing business no more than 3 months before your application; and
• are engaged in business activity, other than the work necessary to administer your business.  The applicant’s occupation must appear on the list of occupations at the National Qualifications Framework level 4 and above.

25 points each for:

• funds held in (a) regulated UK institution(s)
• funds disposable in the UK

10 points for meeting English language requirements to a particular standard

And

10 points for having enough funds to support self in the UK