What is the Start-up Visa?
The Start-up Visa scheme is for international students currently on a Tier 4 visa who wish to start a business in the UK after graduation. This visa will allow you to stay in the UK for 2 years to work on this business. To apply for the visa, you must check that you meet all the eligibility criteria and have an endorsement from an authorised body.
The University of Salford is an authorised Start-Up visa endorsing body
University of Salford Start-up Visa Scheme
The University of Salford can endorse a limited number of businesses on the Start-up Visa scheme annually. Applications for endorsement from the university open end of April 2020. Please note that this is a competitive process and endorsement cannot be guaranteed.
Am I Eligible?
- Are you graduating from the University of Salford on a course at degree level or above in the academic year 2019/2020?
- Have you previously engaged with the Careers & Enterprise team for support on your business idea?
- Do you have a genuine and credible business idea that can be presented through the application form?
- Does your business idea make good use of your graduate skills and add to the UK economy?
- Do you meet the Home Office eligibility criteria for a Start-up Visa (including at least £945 in your bank account for 90 consecutive days before you apply.)
- Do you have access to funds needed to start the business and to support yourself through this process?
If you have answered yes to all the above, you are eligible to apply for endorsement.
STEP 1 – Information session and eligibility check
Join us for one of two information sessions, to be held on 22nd April & 29th April 2020 – where you will find out more about the scheme, the University of Salford process and complete a form authorising an immigration history check. You will also be required to sign a form stating you agree to the terms and conditions set out for the application process. Participation in one of these sessions is a mandatory element in the Start Up Visa process.
If you fail the immigration check you will not be eligible to complete the application.
Step 2 – Application and Shortlisting
Complete application form online to open on 30th April 2020 – Closing 8th May 2020. Your suitability for endorsement will be assessed here against the Home Office criteria, if you do not reach the requirements, we will not take your application further.
You will also be required to provide the following documents:
- A Business Plan
- Bank statements showing sufficient funds to start your business
- Bank statements showing funds to sustain you for 1 year (personal survival budget)
- Letters from business contacts and companies that have agreed to work with you in the future
- Endorsement letters from your lecturer/ tutors
- Copy of your degree certificate
- Copy of your passport/ current visa
Step 3 – Join us for a Business plan Support Workshop
To assess your business idea the endorsing panel, require a business plan. We will invite shortlisted applicants to a business plan support workshop – where the Enterprise Adviser will give advice and support on creating a viable business plan.
STEP 4 – Business plan support
You will receive one Enterprise guidance appointment to assist you in creating your business plan.
STEP 5 – Endorsement panel
You will submit your business plan and supporting documents to our endorsement panel for assessment. Endorsement panel decisions are final. If you are successful you will be required to apply for the Start-up Visa through the Home Office.