Consilium – Endorsing Body
Consilium is proud to have been appointed by the UK Home Office as an Endorsing Body for the new Tier 1 Innovator Visa and Start Up Visa Programmes. This will enable Consilium to attract innovators and entrepreneurs to Wales, bringing with them great technology-based solutions that have the potential to disrupt the market and scale.
Tier 1 Innovator Programme
The Tier 1 Innovator Programme is for experienced business people seeking to establish a business in the UK. Applicants will need to make a minimum investment of £50,000 into their business and cannot take on any other employment outside of the business venture. In most instances Consilium would expect the applicant to have an investment of at least £150,000 to achieve the goals required for the visa.
There is an opportunity for an investor to invest into a business idea from another entrepreneur by becoming a co-founder, and we see this as a great motivator to any prospective investor coming to the UK. Successful innovators are granted an initial visa for 3 years and after that time if the business meets UK Home Office Criteria, then they can apply to remain for a further 2 years, or to settle permanently in the UK. At each step of the journey, the initial application, extension and settlement requires endorsement from an Endorsing Body.
The Endorsing Body does NOT make any immigration decisions, police the immigration system and is not subject to the same rules and compliance activities that a sponsoring employer would be subject to. As an Endorsing Body approved by the UK Home Office we are charged with the task to competently assess an applicant’s business plan for Innovation, Viability and Scalability. We do this by insisting that every applicant enrols on our Mentoring Programme so that we can fully assess the business against these criteria and ensure that every applicant is fully aware of the obligations, laws and requirements of operating a business in the UK.
As Consilium Consulting we have developed a programme that will ensure we are best placed to undertake this by following a strict criteria. The Consilium Mentoring Programme will be split into work packages over a period of weeks to allow time to develop the business idea and plan future growth of the business giving full regard to both the Home Office and British company law requirements.
What to Expect from Consilium
Review, Assess and Assist you in your Business Plan
Mentor by holding workshops and providing strategic advice on how best to succeed in the UK Market
Ensure your business meets the criteria of Innovative, Scalable and Viable set by the UK Home Office
Ongoing Mentoring and updating UK Home Office of your business’s performance against key KPIs
- Our focus is on attracting entrepreneurs, via supporting the Tier 1 Innovative Programme, who wish to establish a business in Wales. (We will accept applications for other parts of the UK, including London, Birmingham, Bristol and Manchester.)
- We will accept applicants based outside the UK at the time of application.
Innovator Application Process
Please note that Consilium will only consider applications for endorsement from members of the Consilium Mentoring Programme who have passed our due diligence procedures. If you are interested in applying to work with Consilium to seek endorsement for a Tier 1 Innovator Visa, please complete the contact form below.
We shall assess your information and respond in due course. Please do not send any further correspondence until you hear from us. We shall endeavour to get back to you within one week.