Process for Getting a UK Innovator Founder Endorsement
Stage 1 – Submission of Endorsement Enquiry Form
Stage 2 – Eligibility Evaluation
Ensuring eligibility is important before proceeding with the Endorsement application process. We conduct a thorough assessment to verify that you meet the general eligibility criteria outlined by the endorsement bodies for the Innovator Founder Endorsement. Successful completion of Stage 1 leads to an initial consultation meeting to review your eligibility status.
Stage 3 – Concept Review
Presenting an innovative, viable, and scalable business idea is crucial for Endorsement endorsement. We engage in an initial consultation to evaluate your business concept, providing expert guidance on its suitability for endorsement. This stage operates concurrently with Stage 1, streamlining the evaluation process.
Stage 4 – Introduction to Endorsing Bodies
Upon successful completion of Stages 1 and 2, we facilitate formal introductions between you and Home Office approved endorsing bodies. As trusted consultants, we ensure direct communication with endorsement bodies, facilitating transparent decision-making processes.
Stage 5 – Approval of Concept and Business Plan
Endorsing bodies conduct in-depth consultations to assess the viability of your business concept and plan. If deemed appropriate, they delve into understanding your business model, cashflows, and additional requirements for endorsement, ensuring your concept stands the best chance of approval.
Stage 6 – Comprehensive KYC and Due Diligence
Thorough due diligence is conducted by endorsing bodies to gain insights into your background and the source of your funds. This stage operates concurrently with Stage 4, ensuring a seamless progression through the Endorsement application process.
Stage 7 – Endorsement Application Preparation
With endorsement secured, we thoroughly prepare your Innovator Founder Endorsement application, adhering to the relevant requirements. Our team ensures the professional presentation and technical accuracy of your application, enhancing its approval prospects.