Venture Capital Funds

[Shinya]

Dear Friends,
Has anyone of you applied for entrepreneur visa using 50K from venture capital funds?
Has anyone got his/her visa through this route?
I am planning to apply through this route and need guidance on how reliable this route is.
Please advise.
Thanks for your cooperation.

[entrepreneur123]

All routes are reliable as long as you fulfill requirments. What is your current visa? and has venture capital approved your application yet?

Dear Friends,
Has anyone of you applied for entrepreneur visa using 50K from venture capital funds?
Has anyone got his/her visa through this route?
I am planning to apply through this route and need guidance on how reliable this route is.
Please be advise.
Thanks for your cooperation.

[Shinya]

One vernture capital firm has agreed to give the letter for which there is a fee. But before I apply, I would like to know how guaranteed this route is.

has any member of this forum applied using funds from venture capital?
Thanks again.

[nhpatel9]

Same here Shinya... I am applying through Venture Capital.

[Shinya]

Same here Shinya... I am applying through Venture Capital.

thanks... I am so glad to know that there are people opting for this route. I feel this is more reliable than going for option d which is for PSW holders. it is too tiresome registering business, NQF4 occupation, etc. Third party funds is also not a guaranteed option.

So, Venture capitals is much easier I feel.

[maxwake]

Dear All

i am looking to apply for Entrepreneur from PSW i am intrested in applying
through capital venture but i do not know how to?

could you anyone here please help me please pm me if you do not want to
write it here

Regards
Max

[whizzkkid]

Hi ,

Am currently in India, PSW Visa got over. Trying for VC firm to support the Tier 1 Ent application, Can you please share the information ..If you don't mine regarding the one you where talking about Shinya. Looking forward for your reply.

Many Thanks

[nhpatel9]

Hi everyone,
Venture Capital is best and safe way to apply Enterpreneur Visa .

[sakaysar]

I have applied through venture capital and I am currently on tier 4. You need a strong business plan and market research. Its not that simple. There are some people out there who are offering funding from venture capital. Be aware its not simple they will take their charges but you will be left alone to deal with everything afterwards.

If you think you have a business plan and you have done your research then try to apply to venture capital and secure funding. This is how I have done it and this is how it should be. Don't just blindly trust on middle men. UKBA will definately call you for interview then tou will have to defend your plan and prove its viable.

I hope it helps you all.

Regards

[Shinya]

What above newbie said is correct.

Those who are not in the UK at the moment and want to apply through VC route, there is a different procedure. Please read the policy guidance carefully.

Secondly, when VC approves your case, they take into consideration your educational background, your past work experience and the new business you wish to start. They all must be relevant to each other.

A good business plan and proper market analysis is required because when you are called for interview, they will ask you questions on the preparation you have made to start the new business and why you think your business will succeed in the UK market.

PLEASE DO NOT PAY ANY MONEY TO UNAUTHORISED AGENTS WHO TELL YOU TO PAY MONEY AND THEY WILL DO THE REST.... BE AWARE OF THEM !!

[warhead]

Dear Friends,
Has anyone of you applied for entrepreneur visa using 50K from venture capital funds?
Has anyone got his/her visa through this route?
I am planning to apply through this route and need guidance on how reliable this route is.
Please advise.
Thanks for your cooperation.

Applied on 10th Jan 2013 via VC £50000 funding route
bio given on 30th Jan 2013
Rules change letter on 10th March
Still waiting for visa.....

[dijanbaral]

hi i m in PSW and currently i am running educational consultancy since 1 year. Because of lack of funds I am also applying through VC. could you please guide me what documents required for this route. One of the agent told me just Business Plan and VC letter is enough for visa. they told me doesn't need company registration, website, advertisement etc. Is that enough for tier 1 visa? Please guide me

inbox me

[VentureCapital Route]

hi i m in PSW and currently i am running educational consultancy since 1 year. Because of lack of funds I am also applying through VC. could you please guide me what documents required for this route. One of the agent told me just Business Plan and VC letter is enough for visa. they told me doesn't need company registration, website, advertisement etc. Is that enough for tier 1 visa? Please guide me

inbox me

Do you have a VC firm already who is genuine and willing to provide £50K funding? Please let me know as I am also looking for such a firm for my cousin and brother. I am based in London.
Thanks

[deepanjanb]

Hi Guys,

Was going through the post. There is a lot of confusion about how genuine the VC is. Could you guys please send me your details on lecapri_m@yahoo.co.in

I am currently planning to go through a VC for starting my Business. Please advise.

[VentureCapital Route]

Before talking to any Venture Capital Firm or consultant - please make sure you check that you know what a venture capital firm is and what it is allowed to do. I don't blame people for not really knowing what a Venture Capital firm is, as this is not a well known concept for people who are not in the financial services. In order to meet UKBA definition of Venture Capital Firm, a firm must meet the following criteria defined by FCA:

A Venture Capital Firm is defined under Financial Control Authority (“FCA”) regulations as:
“a firm whose permission includes a requirement that it must not conduct designated investment business other than venture capital business”

Venture Capital business is defined as:
“the business of carrying on any of:
(a) investing in, advising on investments which are, managing investments which are, arranging (bringing about) transactions in, or making arrangements with a view to transactions in venture capital investments;
(b) advising on investments or managing investments in relation to portfolios, or establishing, operating or winding up collective investment schemes or managing AIFs,9, where the portfolios or funds9 (apart from funds awaiting investment) invest only in venture capital investments;
(c) any custody activities provided in connection with the activities in (a) and (b);
(d) any related ancillary activities”

Venture Capital Investment is defined as:
“a designated investment which, at the time the investment is made, is:
(a) in a new or developing company or venture; or
(b) in a management buy-out or buy-in; or
(c) made as a means of financing the investee company or venture and accompanied by a right of consultation, or rights to information, or board representation, or management rights; or
(d) acquired with a view to, or in order to, facilitate a transaction falling within (a) to (c)

It means when you search the firm name on FCA register, go into "Permissions" tab and if the permissions section states "Only Venture Capital Business" then the firm will be accepted for UKBA purposes otherwise not! Even if they have £billion funding the firm will NOT be able to sponsor your application..

Also, read carefully the above definition, a VC firm can certainly provide "debt" and there is no restriction on them to require guarantees. The above definition is from FCA Handbook Glossary definitions go check yourself on FCA website.

I am searching for a genuine VC who meets the above condition and as I myself work in financial services sector I am hopeful that I will find one soon. Technical reason that there are hardly any firms that can sponsor a visa is that when firms get authorisation from FCA they prefer NOT to limit their business to Venture Capital business but keep it broader so that they can be involved in other types of businesses as well - and this means they cannot be a sponsor on the visa!

I will let you know as soon as I find a genuine VC firm..

[dijanbaral]

Hi there
I apply for Tier 1 Entrepreneur Visa. Now I got refusal with appeal right. I haven't check FCA. I gone through xx Venture Capital but xx is regulated by YY Capital firm. But YY has FCA license. In this case what you suggest for me. They give us reason XX venture doesnt have authority. If YY provided agreement between XX and YY company. How was the chances to win this case. ?????

[blossommum]

Hi there
I apply for Tier 1 Entrepreneur Visa. Now I got refusal with appeal right. I haven't check FCA. I gone through xx Venture Capital but xx is regulated by YY Capital firm. But YY has FCA license. In this case what you suggest for me. They give us reason XX venture doesnt have authority. If YY provided agreement between XX and YY company. How was the chances to win this case. ?????

HELLO @DIJANBARAT ... when did you get refusal. did you go through any partner company of a venture capital. I was also palnning to go through this way and i came across Providentia capital llp firm. is this the same company you went through. can you pm me please.

thanks

[waseem0345]

hello friends,

I want to say to those who are thinking to apply for T1 ENTREPRENEUR visa 50K route with VC firm. Swithcing from PSW OR STUDENT.
this is a good route but waiting time is too long
no body can give you guarantee for any type of visa.
if anyone needs help about T1 VISA contact me.
i have also applied 5 months ago.
attanded interview in FEB it was really good and last for 20 minutes.

BEST OF LUCK

[blossommum]

hello friends,

I want to say to those who are thinking to apply for T1 ENTREPRENEUR visa 50K route with VC firm. Swithcing from PSW OR STUDENT.
this is a good route but waiting time is too long
no body can give you guarantee for any type of visa.
if anyone needs help about T1 VISA contact me.
i have also applied 5 months ago.
attanded interview in FEB it was really good and last for 20 minutes.

BEST OF LUCK

Can you message me which vc firm did you go through? provide some guidance about what business you started ?

[Zainjan22]

I applied through CV Firm switching from tier4 student
I recieved biometric Letter
01/05/014
If some one had interview Exprience
Plz share (interview Questions)

[Zainjan22]

I applied through CV Firm switching from tier4 student
I recieved biometric Letter
01/05/014
Biometric Done 13/05/014
If some one had interview Exprience
Plz share (interview Questions)

[dijanbaral]

Guys if you applying through Nomisma Venture LLP or Provedentia LLP. Please dont go through them. Your visa will be refused. Be careful. I m victim of this company.They are useless and Scam. Go for Tier4 or Tier2.

Inbox me
baraldjan@gmail.com

[BlackBirdSSG]

That's a very smart way of promoting your business services on this forum, however it's not allowed in this forum. Seems like you're originally from Sindhuli, Nepal and currently running an overseas educational consultancy firm called E PARADISE LIMITED as a Managing Director (company seems to be over a year old). You're also affiliated with Moonsun Consultancy in Southall, London.

In one of your advertisements, you state the following: Tier1(Entreprenuer)( We will arrange business plan, investment fund by venture capital)
Source : http://enepal.co.uk/directory/1853/e-pa ... nsultancy/ http://s19.postimg.org/yujur4dsz/E_Para ... nectin.png

This means that you yourself were doing this Tier 1 Entrepreneur thing for other people too, but just now, you said that you got refusal from such company. I'm kinda confused now.

Kindly don't use this forum to promote your business, directly or by fantasy role-playing, as this is not allowed

[narcissist23]

Hey 'blossommum

I wish i could tell you on time. u shudnt have gone through that company.! and if u r still panning and havent sent yet! Dont pay any money to them!

[dijanbaral]

@BlackbirdSSG you are absoloutly right I was in PSW visa so was involved at consultancy business since one year and I am running my business as well but lack of funding i gone through Nomisma venture LLP. Also I advertise on some site they offer me but I don't know about them. I am not promoting my business here I am sharing my problem. Now we have got refusal and yesterday I got letter from home office : the decision is Immigration and Asylum Act 2006 section 47.

@blackbirdssg Go through my previous post .

I lost my part time job from TESCO, My wife is pregnant at this time so really frausted. If you dont trust me i will send you proof. send me email.
on
baraldjan@gmail.com