London Students Pitch Business Plans to Win Entrepreneur Visa
A London university is giving its international students the chance to gain an entrepreneur visa by pitching their business ideas to an expert panel of professors.
Greenwich University decided to use the pitching allocation system to “inspire future entrepreneurs”. If their pitch is successful they are granted one of 20 Tier 1 Graduate Entrepreneur visas the university has to offer, thanks to their impressive business plans.
The Tier 1 (Graduate Entrepreneur) visa was introduced in April 2012. It allows graduates with innovative business ideas and entrepreneurial skills to stay in the UK to develop their business under the supervision of their academic institution.
Chris Birch, director of enterprise and innovation at the university’s business school, told the Financial Times: “We have all these international students who disappear after going through our very highly valued education system,” he says. “We should be doing more with them.”
Benshuai Xu explained his plan at the University of Greenwich: "My business idea is a one-to-one online English language education class. The company will recruit English language teachers in the UK and provide one to one training to students via video broadcasting software and instant messaging software.”
You can apply for the Tier 1 (Graduate Entrepreneur) visa if you are a graduate who has been officially endorsed as having a genuine and credible business idea and are from outside of the European Economic Area and Switzerland.