Incubator to put startups on water to avoid U.S. visa issues

It won’t be launching until later next year, but a handful of Canadian firms have already said they would like to take part in an incubator program that will likely reside on a cruise ship instead of a Silicon Valley office building.

Blueseed on Monday released the results of a survey that showed the interest so far among budding entrepreneurs in the concept of a floating startup community that would sit on international waters as a way of avoiding troublesome work visas to operate in the United States. Canada only makes up five per cent of the total involved so far, and much of the interest outside of the U.S. comes from Australia and India.

The survey said 36 per cent of those surveyed would immediately move to Blueseed if it met their needs today. Besides offering accommodation for startup teams, a daily ferry service would be able to shuttle entrepreneurs back and forth to meet with investors, customers and partners using a business or tourist visa.

Besides easing visa hurdles, 14 per cent of respondents said the prospect of getting media attention and the “coolness” factor would drive their decision to embark on Blueseed.

Related:

MaRS launches Jolt accelerator for Web, mobile startups

Big names put money into Waterloo’s new $30 million incubator

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

Featured Story

How the CTO can Maintain Cloud Momentum Across the Enterprise

Embracing cloud is easy for some individuals. But embedding widespread cloud adoption at the enterprise level is...

Related Tech News

Get ITBusiness Delivered

Our experienced team of journalists brings you engaging content targeted to IT professionals and line-of-business executives delivered directly to your inbox.

Featured Tech Jobs