Visa Fees Reimbursement Scheme for Scale Ups

The visa fees reimbursement scheme for scale ups provides financial support to UK-based scale-ups operating in the Clean Energy, Life Sciences, and Digital and Technologies sectors. The scheme aims to reduce cost barriers to hire internationally, improving recruitment speed and certainty in sectors central to the UK’s growth and innovation ambitions by reimbursing visa fees for eligible hires and their dependants. Qualifying businesses can apply for funding up to £25,000.00/year, with a maximum award of £5,000.00 for each international hire and their dependants. Any costs incurred before the date the application was submitted will not be eligible. To apply for the visa fees reimbursemnet scheme for scale ups grant, you must register and submit your application through the Grants Hub portal: Available grants - Department for Business and Trade Please note: Individuals cannot apply directly for the Visa Fees Reimbursement Scheme for Scale Ups (VFRS4SU). Contains public sector information from Find a grant, licensed under the Open Government Licence v3.0.

The Visa Fees Reimbursement Scheme for Scale Ups is open to UK-based scale ups operating in the Clean Energy, Life Sciences, and Digital and Technologies sectors. To qualify, a business must meet all the following criteria: Be a UK-based Scale-Up: an enterprise that achieves an average annualised growth rate exceeding 20 per cent in either employment or turnover over a continuous three-year period (the observation period), starting with at least 10 employees at the beginning of this period Operate in at least one of the three priority sectors in the scope, as defined in the Industrial Strategy IS-8 Sectors list definitions below: Clean Energy The Clean Energy Industries are the industries which directly contribute to the clean power transition. These are the companies that are part of the supply chain, manufacturing and services relating to the deployment, construction, and maintenance of clean energy assets and products Life Sciences Businesses involved in developing and/or producing...