Client Profile:- Business Type: Biotech startup focused on an organic compound extraction methodology
- Founders: Three co-founders, experts in biotechnology
Process:The team of three co-founders approached us with the need to refine their business idea and clearly articulate their innovative approach. Their goal was to prepare a robust business model that could be positioned successfully in the UK market. They also sought guidance on how to better align their business concept with the demand for the
Innovator Founder visa, which requires clear demonstration of innovation, scalability, and market feasibility.
We helped the co-founders clearly define their goals and precisely articulate the innovative aspects of their project. Through guiding questions and in-depth discussions, we were able to identify and highlight the strengths of their technology, showcasing its uniqueness. This not only brought clarity to the business but also significantly improved their strategic approach.
Through our collaboration, the co-founders revised their business model, adapting it to the realities of the UK market, making it more effective and promising for scaling in the future.
Conclusion: The biotech sector requires careful navigation, as there are specific areas where securing investments is truly feasible. For those applying for the Innovator Founder visa with a biotech business, we recommend demonstrating access to investment funds from the outset.
Additionally, we advise outlining in the business plan what can realistically be achieved within the next three years. A well-thought-out, credible roadmap not only enhances the business plan's reliability but also strengthens the overall case, making it more likely to meet the visa criteria.