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Tier1-Entrepreneur From India

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

Moderators: Casa, John, ChetanOjha, archigabe, CR001, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix

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whizzkkid
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Posts: 4
Joined: Thu Nov 01, 2012 4:54 pm
Location: QATAR

Tier1-Entrepreneur From India

Post by whizzkkid » Thu Nov 01, 2012 5:06 pm

Hi all, wanted to ask if £50 k option is feasible route to apply TIER 1 ENTRPR FROM INDIA. IF YES PLEASE POST SOME SUGGESTIONS. PSW IS EXPIRED-FYI

MANY THANKS

geriatrix
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Posts: 24755
Joined: Fri Mar 17, 2006 3:30 pm
Location: does it matter?
United Kingdom

Post by geriatrix » Thu Nov 01, 2012 5:17 pm

Read para 54.
Life isn't fair, but you can be!

whizzkkid
Newly Registered
Posts: 4
Joined: Thu Nov 01, 2012 4:54 pm
Location: QATAR

THANKS BUT NO THANKS.

Post by whizzkkid » Thu Nov 01, 2012 5:49 pm

hi, thanks for the reply. Have read 54,55 para it doesn't stands good as my psw visa is expired in apr2012.my question is that can I arrange £50 k from venture capitalist from india or from bank credit - venture capital firm or from 3rd part called as angel investors(will any of these can b positive???)

Please need you all to support with opinions & suggestions ..

geriatrix
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Posts: 24755
Joined: Fri Mar 17, 2006 3:30 pm
Location: does it matter?
United Kingdom

Post by geriatrix » Thu Nov 01, 2012 6:05 pm

In such case, read 42-48. Para 48 in particular explains the institutions from where you must source your funding.
Life isn't fair, but you can be!

whizzkkid
Newly Registered
Posts: 4
Joined: Thu Nov 01, 2012 4:54 pm
Location: QATAR

Thanks for the prompt reply.

Post by whizzkkid » Thu Nov 01, 2012 7:03 pm

I have read through 42-48.According to the guidance 3 options.
1. £50 k from vc from uk = fsa apprvd - have a question here, if i secure a 50k from vc or angel investor from india, will that b acceptable
2. Seed funding from ukti - not possible they dont entertain outside applicant
3.govt fund- no way they are going to fund non-european

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