The Start Up visa scheme is for those international graduates identified by the University as having developed a genuine and credible business idea that the University would then like to support with further development.
In order to qualify for the Bangor scheme, you will need to apply for the visa whilst still at Bangor and within 12 months of being awarded your Bangor University qualification. You must already have a valid Tier 4 student visa, and meet the UK Visas and Immigration (UKVI) requirements.
Bangor University has been granted an allocation of 10 endorsements for supporting this category of visa. Due to this limitation, there is a competitive process for the University to select the very best students who are able to demonstrate a robust business case together with real commitment to make a success of this exciting opportunity. If successful you will be eligible to apply for a two year Start Up Visa.
You may complete an application form at any time during the year and there will be three panel meetings each year to assess the applications. Please note that only one application per person will be considered and that the registered business must be based in the Bangor area. This is to ensure that the University can ensure compliance with UKVI regulations and so that successful applicants can receive support.
In line with UKVI guidance to Endorsing Bodies, Bangor University will assess all applcations against the following criteria:
Innovative: Does the applicant have a genuine, original business plan that meets new or existing market needs and/or created a competitive advantage?
Viability: Does the applicant have the necessary skills, knowledge, experience and market awareness to successfully run the business?
Scalability: Is there evidence of structured planning and potential for job creation and growth into national and international markets?
The process is shown below.
The selection panel will meet three times a year - at the beginning of semester 1, and at the beginning and end of semester 2. Please note that the decision of the panel is final and that applicants should at no time contact panel members regarding their application or process. Application forms are available via a link below. Applications will need to have been received at least three weeks prior to a panel meeting in order to be considered during that specific panel. Feedback from the panel will be provided to applicants. If you need advice or wish to know more about the process, please contact the B-Enterprising team (B-Enterprising, 2nd floor, Rathbone, College Road, Bangor LL57 2DF. 01248 388424 E-mail: email@example.com).
Please note, it is the responsibility of the applicant to ensure that they fully meet the requirements of the UK Visa and Immigration Authority on submitting an application and information and advice can be found on the International Support Service website: www.bangor.ac.uk/international/studyabroad/FAQ-afterbangor.php in respect of the Start-Up Visa Scheme.
Before you complete the application form, please read this brief introduction to business planning. It will help help to guide you with the questions asked on the application form.
You can apply for the visa sponsorship through completing this application form.
The closing date for the next application is 12:00 7 May 2021. The panel will meet on 7 June 2021.
Please complete all questions, providing as much information as possible about your business and your experience. This application form is very important and will be used to filter applicants to decide on further progress.
Applicants should ensure that all sections of the application form are completed as thoroughly as possible and that extensive market research has been done beforehand. The panel cannot assess for viability of the business if full information is not provided and the sponsorship will therefore not normally be approved.
Further advice on completing the application form can be found from the B-Enterprising team. They can arrange for you to meet a business mentor to help you develop your idea and to provide information to help you through the application process. Please note that all applicants will need to be in good academic standing and all university fees will need to have been settled prior to an application being considered.
You will be asked to adopt the Pecha Kucha approach to ‘pitching’ your business case to the members of the Selection Panel (the panel will usually consist of 3/4 people who are ‘experts’ in developing business ideas and nurturing entrepreneurship). You will be asked to give a Powerpoint® presentation consisting of 20 slides, each of which will be displayed for 20 seconds; progress from slide to slide will be automatic, so you need to ensure that you get your timing right! For more information on ‘pitching’ and Pecha Kucha, click on the following links: http://www.pechakucha.org/faq and http://www.deskmag.com/en/pecha-kucha-the-art-of-pitching-with-a-punch
Once you have been selected for support for the Start-Up Visa you will need to satisfy the following requirements and also formally apply to the Home Office:
For further advice on and help with applying for your visa, please contact IEC.
You should be aware that the notification process may take some time as some times of year are busier for the Home Office than others. You should be aware that sending a completed application form and receiving a letter of endorsement is not a guarantee of success. The Home Office will be weighing up other factors (such as your financial liquidity over the last 3 months) and their decision is FINAL and cannot be influenced by the University. An administration fee will be charged at the point of issuing the ‘letter of endorsement’. This fee is refundable if the Home Office refuse the visa.
The University will assist you with developing your business idea and where appropriate and available, will make space and facilities available to you during the period of the visa. Exact details will be provided if you are successful in the selection process. For further information, please contact B-Enterprising.
Please note, participating in enterprise/ entrepreneurship activities and receiving one to one business mentoring prior to applying is more likely to lead to a successful application.
During the period of University sponsorship you will need to:
The University is obligated to inform the Home Office of any concerns regarding lack of regular contact with you or if it believes that you lack commitment to your business. Therefore the University will: