Anyonce with Tier 1 visa application through 50K VC Funding

[warhead]

Hi Guys,

I have applied on 10th Jan 2013 via 50K Venture capital funding, gave my bio metric on 31st Jan 2013.
Anyone who applied through Venture capital funding, can anyone please let me know how will these new rule force from 31st Jan 2013 are going to impact who took this root.
I just want to be prepare if UKBA ask for anything extra during this process.
Anyone with this root can you guys please share your knowledge and thoughts.
[/b]

[rehan01]

Hi Guys,

I have applied on 10th Jan 2013 via 50K Venture capital funding, gave my bio metric on 31st Jan 2013.
Anyone who applied through Venture capital funding, can anyone please let me know how will these new rule force from 31st Jan 2013 are going to impact who took this root.
I just want to be prepare if UKBA ask for anything extra during this process.
Anyone with this root can you guys please share your knowledge and thoughts.
[/b]

there are couple of thread already on the forum please go through them and people are discussing different issues there.

regarding the changes and how it will effect please follow the link http://www.ukba.homeoffice.gov.uk/sitec ... trepreneur

regards

[warhead]

HI Rehan01,

Can u please share that link with me where the discussion is going on

[rehan01]

HI Rehan01,

Can u please share that link with me where the discussion is going on

http://www.immigrationboards.com/viewtopic.php?t=125000

its not just for people who applied through vc but its general discussion regarding changes in place from 31st

http://www.immigrationboards.com/viewtopic.php?t=124926


http://www.immigrationboards.com/viewtopic.php?t=124772

regards

[esic_sonia]

In Venture Capital sub-category, they cannot ask you about the funds because you haven't gotten the funds yet (technically). They can ask you about Venture Capital funds, your business plan and about your team-member. You have gotten an approval letter from Venture Capital firm permitting you access to £50,000 funds.

You will get six months (after visa) to get access to the funds and form a company.

Make sure that everything in this application is in the UK. Therefore, the probability of getting called for an interview is slightly lower (but still present)

[warhead]

In Venture Capital sub-category, they cannot ask you about the funds because you haven't gotten the funds yet (technically). They can ask you about Venture Capital funds, your business plan and about your team-member. You have gotten an approval letter from Venture Capital firm permitting you access to £50,000 funds.

You will get six months (after visa) to get access to the funds and form a company.

Make sure that everything in this application is in the UK. Therefore, the probability of getting called for an interview is slightly lower (but still present)

Thankx.......
business plan n stuff are all ready but i did not attached it to my application I have only given my VC letter and university document and Uk bank statement.

My VC submit my application and said this are the only document.

NO will it be ok or can i submit those business plan to support my application???

[esic_sonia]

In Venture Capital sub-category, they cannot ask you about the funds because you haven't gotten the funds yet (technically). They can ask you about Venture Capital funds, your business plan and about your team-member. You have gotten an approval letter from Venture Capital firm permitting you access to £50,000 funds.

You will get six months (after visa) to get access to the funds and form a company.

Make sure that everything in this application is in the UK. Therefore, the probability of getting called for an interview is slightly lower (but still present)

Thankx.......
business plan n stuff are all ready but i did not attached it to my application I have only given my VC letter and university document and Uk bank statement.

My VC submit my application and said this are the only document.

NO will it be ok or can i submit those business plan to support my application???

You applied before 31st January 2013. At that time, it was not required, however UKBA can call you for an interview and ask about the Business Plan if they have any doubts. So, Keep it ready and make sure you know it too.

There are also chances that they will increase Entrepreneur Fees, since they recently included interviewing applicants. (this is just my guess)

[entrepreneur123]

Hi Sonia, I thought we (PSW) are not required to submit business plan even after 31 Jan changes? Sorry if i misunderstood this, can you please clarify. I will be switching from PSW £50000. Thanks

In Venture Capital sub-category, they cannot ask you about the funds because you haven't gotten the funds yet (technically). They can ask you about Venture Capital funds, your business plan and about your team-member. You have gotten an approval letter from Venture Capital firm permitting you access to £50,000 funds.

You will get six months (after visa) to get access to the funds and form a company.

Make sure that everything in this application is in the UK. Therefore, the probability of getting called for an interview is slightly lower (but still present)

Thankx.......
business plan n stuff are all ready but i did not attached it to my application I have only given my VC letter and university document and Uk bank statement.

My VC submit my application and said this are the only document.

NO will it be ok or can i submit those business plan to support my application???

You applied before 31st January 2013. At that time, it was not required, however UKBA can call you for an interview and ask about the Business Plan if they have any doubts. So, Keep it ready and make sure you know it too.

There are also chances that they will increase Entrepreneur Fees, since they recently included interviewing applicants. (this is just my guess)

[esic_sonia]

You are not required to submit, but you must have it with you, in case if you are called for an interview.

[Nat333]

Hi Guys,

I have applied on 10th Jan 2013 via 50K Venture capital funding, gave my bio metric on 31st Jan 2013.
Anyone who applied through Venture capital funding, can anyone please let me know how will these new rule force from 31st Jan 2013 are going to impact who took this root.
I just want to be prepare if UKBA ask for anything extra during this process.
Anyone with this root can you guys please share your knowledge and thoughts.
[/b]

Hi,

I am interested in the Tier 1 entrepreneur visa. Could you please share your knowledge on how I can find registered venture capital firms regulated by the Financial Services Authority?

How did you find your VC?

Cheers

[VentureCapital Route]

Hi Guys,

I have applied on 10th Jan 2013 via 50K Venture capital funding, gave my bio metric on 31st Jan 2013.
Anyone who applied through Venture capital funding, can anyone please let me know how will these new rule force from 31st Jan 2013 are going to impact who took this root.
I just want to be prepare if UKBA ask for anything extra during this process.
Anyone with this root can you guys please share your knowledge and thoughts.
[/b]

Hi,

I am interested in the Tier 1 entrepreneur visa. Could you please share your knowledge on how I can find registered venture capital firms regulated by the Financial Services Authority?

How did you find your VC?

Cheers

I am hoping to hear from a friend on a genuine UK based VC soon. I will update on forum soon.
Did you have any success? Any info you can share?