Office Address

3rd Floor,
86-90 Paul Street,
London,
EC4A 4NE

Phone Number

‪020 3916 6464‬

Email Address

iacogroup.co.uk

Scale Up Visa

As of my last update in January 2022, the UK Scale-Up Visa was introduced to attract high-growth businesses and talented entrepreneurs to the UK. This visa category aims to support the growth of innovative businesses and facilitate the entry of entrepreneurs who demonstrate high potential for scaling their businesses in the UK. 

Here's a detailed overview of the requirements for obtaining a UK Scale-Up Visa: 

Eligibility Criteria  

  1. Endorsement by an Approved Endorsing Body: To apply for a UK Scale-Up Visa, you must first obtain an endorsement from an approved endorsing body. These endorsing bodies are designated organisations with expertise in identifying high-growth potential businesses and entrepreneurs. They assess the business proposal and the entrepreneur's credentials before issuing an endorsement.  
  2. High-Growth Business: The applicant must be a founder or a key member of a high-growth potential business. The business must demonstrate a clear potential for rapid growth and scalability in the UK market. This can be evidenced through factors such as innovative products or services, potential for job creation, scalability of the business model, and evidence of previous growth trajectory.  
  3. Commitment to the UK: Applicants must demonstrate a genuine commitment to establishing and growing their business in the UK. This can be evidenced through a detailed business plan outlining the proposed activities, growth projections, market analysis, and strategies for scaling the business in the UK.  
  4. English Language Proficiency:  Applicants must demonstrate proficiency in the English language at the required level. This can be done by passing an approved English language test or by having an academic qualification taught in English from a recognized institution.  
  5. Financial Requirements: While there are no specific financial requirements for the Scale-Up Visa, applicants must demonstrate that they have sufficient funds to support themselves and their dependents during their stay in the UK. This includes covering living expenses, accommodation, and any other associated costs.  
  6. Health Requirement: Applicants may need to undergo a medical examination to assess their health condition. They must also disclose any serious health conditions that could affect their ability to establish and grow their business in the UK.  

Application Process  

  1. Obtain Endorsement: The first step is to secure an endorsement from an approved endorsing body. Applicants must approach the endorsing body that aligns with their business sector and growth potential. The endorsing body will assess the business proposal and the entrepreneur's credentials before issuing an endorsement.  
  2. Gather Documents: Once endorsed, applicants must gather all necessary documents to support their visa application, including the endorsement letter, passport, evidence of English language proficiency, business plan, and financial documents.  
  3. Complete Online Application: Apply online through the UK government's visa application website. Fill out the application form accurately, providing all required information.  
  4. Biometric Appointment: Schedule and attend a biometric appointment at a designated visa application centre to have your fingerprints and photograph taken.  
  5. Submit Supporting Documents: Upload scanned copies of supporting documents online or submit them at the visa application centre.  
  6. Pay Fees: Pay the visa application fee and the Immigration Health Surcharge (IHS) if applicable.  
  7. Wait for Decision: Once you have submitted your application and supporting documents, wait for a decision on your visa application. The processing time can vary depending on your location and individual circumstances.  
  8. Receive Decision: You will be notified of the decision on your visa application. If approved, you will receive a visa vignette in your passport, allowing you to travel to the UK.  
  9. Enter the UK: Once you have received your visa, you can travel to the UK within the validity period of the visa.  

 

 

Conclusion  

The UK Scale-Up Visa is designed to attract high-growth businesses and talented entrepreneurs to the UK. By meeting the eligibility criteria, obtaining an endorsement from an approved endorsing body, and completing the application process outlined by the UK government, entrepreneurs can seize the opportunity to scale their businesses and contribute to the UK economy.