Talented Entrepreneurs To Be Able To Relocate To UK

Posted on 9th September 2013

A new scheme was unveiled last week by the Government’s international business arm, UK Trade and Investment, aimed at allowing talented graduates and students from across the world to relocate to the UK.

The Sirius scheme will provide young entrepreneurs possessed of “innovative start-up ideas” with a 12-month package, including seed investment and a place in a leading business accelerator programme.

The programme aims to attract hundreds of entrepreneurs into the UK in its first two years, with each of the resulting businesses creating new jobs, bringing in foreign investment and making a significant cumulative impact on the UK economy.

Some of the advantages of starting up in the UK include access to 500 million customers in Europe, including 62 million in the UK, and the fact that these consumers tend to be early adopters, keen to test and try new innovations.

Sirius was launched to an audience of over 200 students and graduates from 40 countries around the globe at UKTI’s Entrepreneurs’ Festival, which took place in Manchester last week and offered an intensive induction for budding entrepreneurs into what it is like to start up and grow a business in the UK.

Any student or recent graduate with an early-stage business idea or business plan can apply, and places will be allocated on a monthly basis from October 2013 to January 2014. The deadline for entries for October’s intake is September 30th.

Commenting on the programme, Trade and Investment Minister Lord Green said that the UK is one of the top places in the world to become an entrepreneur and that the Sirius scheme will be one of the most comprehensive start-up support packages offered globally, as well as the best in Europe.

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