In order to get endorsed, you will need to identify the problem specifically within the UK market and find its solution.
Check out Reshma’s story on how she was endorsed. Here, the solution is your product or service which you are looking to provide.
- You must explain how your product or service not only solves the problem but how it solves the problem better than your competitors.
- The UK government is looking to attract applicants who will not only bring innovation but also contribute to economic growth.
- Ask, what is their broader vision? For instance, a university’s aim is to help its students and recent graduates, whilst incubators will have a philosophy that aims to develop a particular sector. Rather than being generic, your business plan should exhibit certain values, philosophy and social purpose.
For more insight from successful applicants who have been endorsed and who have secured the start up visa, you can check out my course.