Applicants do not need to have any specific level of funds to invest in their proposed business but must have an innovative, viable, and scalable business idea, supported by a business plan, which has been approved by an endorsing body.
Applicants for an Innovator Founder Visa must have generated, or have significantly contributed to their business idea. Innovator Founders must also intend to have a key role in the day-to-day management and development of their business.
Innovator Founder visas are valid for 3 years and can lead directly to indefinite leave to remain in the UK at the end of this period.
To qualify for this visa, your business idea must meet the following criteria:
The business must be a new venture, not currently in operation.
It should offer a unique product or service distinct from existing market offerings.
The business plan should demonstrate feasibility and growth potential.
You must have plans for expansion, job creation, and expansion into national and international markets.
For further details see the official government site.