Questions about Entrepreneurial Teams

[jupiter8]

Hi Everyone!

I'm interested in the path where two investors are forming an 'Entrepreneurial Team'
1) Is it possible for each person to contribute more than 200K? - e.g. each person contribute 200K for 400K in total.
2) Does the job creation criteria apply to the whole team or each individual? i.e. does the team need to create 2 jobs for both investors to qualify for extension, or 4 jobs?

Hope that makes sense. Thanks!
J

[marcnath]

Hi Everyone!

I'm interested in the path where two investors are forming an 'Entrepreneurial Team'
1) Is it possible for each person to contribute more than 200K? - e.g. each person contribute 200K for 400K in total.
2) Does the job creation criteria apply to the whole team or each individual? i.e. does the team need to create 2 jobs for both investors to qualify for extension, or 4 jobs?

Hope that makes sense. Thanks!
J

In response to an earlier post, I had already clarified that the T1E route IS NOT for investors.

Having said that, there is no maximum limit to how much an entrepreneur can invest into a business.
If applying as a team, they are allowed to share the investment and jobs, so only two jobs need to be created, not four

[jupiter8]

Hi, many thanks for the reply - that's very helpful.

Just to clarify - apologies for my poor terminology - by investors I was meaning the entrepreneurs applying for the Tier 1 Entrepreneur visa. I was not referring to the T1 Investor Visa Thanks!