Can extension be from a different source of funding?

[bigmac]

Hi there,

I applied as an entrepreneurial team with my co-founder and successfully received our Tier 1 (Entrepreneur) visas using £50K as our own source of funding which will be invested, as we were previously on graduate entrepreneur visas. My questions are as follow:

1) For the extension, can we use other source of funding, e.g. if we get VC funding or win an approved seed funding competition

2) What is the timeline of such investment needing to be made into the company? e.g. 3 months before our application for extension? Any such timeline if we invest our own £50K?

Advice appreciated thanks!

[seasky]

Hi there,

I applied as an entrepreneurial team with my co-founder and successfully received our Tier 1 (Entrepreneur) visas using £50K as our own source of funding which will be invested, as we were previously on graduate entrepreneur visas. My questions are as follow:

1) For the extension, can we use other source of funding, e.g. if we get VC funding or win an approved seed funding competition

2) What is the timeline of such investment needing to be made into the company? e.g. 3 months before our application for extension? Any such timeline if we invest our own £50K?

Advice appreciated thanks!

I changed funding sources for extension so don't see a problem. Put a short explanation of the logic in covering letter

[Ali272]

Hi there,

I applied as an entrepreneurial team with my co-founder and successfully received our Tier 1 (Entrepreneur) visas using £50K as our own source of funding which will be invested, as we were previously on graduate entrepreneur visas. My questions are as follow:

1) For the extension, can we use other source of funding, e.g. if we get VC funding or win an approved seed funding competition

2) What is the timeline of such investment needing to be made into the company? e.g. 3 months before our application for extension? Any such timeline if we invest our own £50K?

Advice appreciated thanks!

I am on Graduate Entrepreneur visa too. Could you please please provide the list of documents you sent and the approximate processing time? Thank you so much.

[midas5]

Can we invest £25000 in shares and remaining £25000 in the form of directors loan?