migreat start-up & entrepreneur visa worldwide presentation - iom + emn

Attracting Foreign Business and Investment to Lithuania: the Role of Migration and Migration Policy

Startup & Entrepreneur Visas Worldwide

Vilnius, Lithuania. October 1st 2015


1. Main Programs & Strategies2. Worldwide Trends & Best Practices

3. Sustainability & Take-Aways For Lithuania


Startup & Entrepreneur Visas WorldwideIntroduction




4Attracting Foreign Business & Investment to Lithuania: the Role of Migration Policy - Vilnius, Lithuania. October 1st 2015

Migreat was founded in 2012 by a team with previous decades of experience building successful businesses servicing the migrant market in Europe:

• Stranieri In Italia started in 2000, with 17 affiliated news websites – serving migrants in Italy, Germany and Spain with local information.

Today, Migreat.com is an online company offering

• An online Immigration Assistant available in 5 countries of Europe and next the US

• A community focused online social network with local information for 60 city based diaspora groups across France, Germany, Italy, Spain and the United Kingdom.

• A Money Transfer comparator of 440 services providers

• Reports, Data and Infographics on migration & migrants

• The European Commission named Migreat to its official Expert Group on Economic Migration

Startup & Entrepreneur Visas Worldwide: Introduction. Migreat Company History

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Startup & Entrepreneur Visas Worldwide: Introduction. Migreat Communities & Outreach

Attracting Foreign Business & Investment to Lithuania: the Role of Migration Policy - Vilnius, Lithuania. October 1st 2015

• Platform live in the following markets: France, Germany, Italy, Spain and the United Kingdom.

• Three products to serve these 5 countries– Migreat Communities – a social network for

migrants with location and community specific news & guides

– Migreat Immigration Assistant – a visa wizard calculating visa eligibility and providing a to-do list of documents to apply.

– Migreat News websites – affiliated general news websites for migrants in their language.

• 12 languages supported to serve 55 local communities of migrants.

• 17 news related websites plugged with Migreat content

• 1,500,000+ unique users a month over all sites.


1. Main Programs & StrategiesThe Multiplication of Startup Visa Programs

The Growing Network of Accelerators, Startups and InvestorsCC: The Importance of Institutions & Networks


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Startup & Entrepreneur Visas Worldwide: Main Programs & Strategies.The Multiplication of Startup Visas Programs


Source: Worldwide Start-Up Visa Policies Compared, Migreat 2015. http://pi.migreat.com/entrepreneur-and-innovator-visa-report

http://pi.migreat.com/entrepreneur-and-innovator-visa-report


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Startup & Entrepreneur Visas Worldwide: Main Programs & Strategies.The Multiplication of Startup Visas Programs


Source: Worldwide Start-Up Visa Policies Compared, Migreat 2015.




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Startup & Entrepreneur Visas Worldwide: Main Programs & Strategies.The Growing Network of Accelerators, Startups & Investors to back up the visa policy

Application accepted through an accelerator, Incubator → Italy, France, UK.

Profiled by trusted body or group of experts → Denmark, France, Italy, Netherlands, Spain.

Ecosystem back-up → France, Italy, Ireland, Netherlands, UK

Official link to universities → Italy, Ireland, UK

European Network & Policy Reform Opportunity→ Reform of the EU Blue Card

Source: Worldwide Start-Up Visa Policies Compared, Migreat 2015.




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Startup & Entrepreneur Visas Worldwide: Main Programs & Strategies.CC: The Importance of Institutions & Networks


How entrepreneurship happens → The university & accelerator ecosystem link

Define your niche and be clear about what entrepreneurial profile you want/can attract

Fast track process → bureaucratic change

Endorsement by trusted parties → Develop and nourish a network of recognized experts

Ecosystem campaign overall → Needs to be linked to an economic incentive (tax break) and development of a capital resource (Investors, accelerators + Flexible hiring immigration policy)

Source: French Tech Ticket & Startup Italia Websites

Startup & Entrepreneur Visa Worldwide





2. Worldwide Trends & Best PracticesFew Successes

Lots of challengesDefining what Immigration Policy Can Do


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Startup & Entrepreneur Visas Worldwide: Worldwide Trends & Best PracticesFew Successes


Source: Worldwide Start-Up Visa Policies Compared, Migreat 2015. http://pi.migreat.com/entrepreneur-and-innovator-visa-report



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Startup & Entrepreneur Visas Worldwide: Worldwide Trends & Best PracticesLots of Challenges


• Capital minimum → Select winners but not potential

• Business Plan checks made by non-experts → Discrimination by country and cultural background

• Paperwork → Made it complicated and constraining.

• Process → outside of the reality of Business Cycle and how entrepreneurship happens

The result is genuine entrepreneurs being refused and loophole for money-laundry created.

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Startup & Entrepreneur Visas Worldwide: Worldwide Trends & Best PracticesCc: what Startup Visa Policies Can Achieve


Lessons from the UKGreat potential of the UK economy to appeal to world-class entrepreneurs is in fact jeopardised by red-tape, bureaucracy and inadequate immigration rules.

Lessons from Data on Migrant EntrepreneurshipImmigrants are, proportionally, more entrepreneurial than natives, yet need time and flexibility to start.It is yet to be demonstrated that entrepreneurs can, like commodities, be passed from country to country.

Lessons from Chile & FranceSelective programmes, with clear guidelines about the profile type of entrepreneurs, involving startup, entrepreneurship and innovation experts from the private sector + integrated in a mature eco-system work. It takes time.



3. Sustainability & Take-Aways for Lithuania



3. Sustainability & Take-Aways for LithuaniaCapital, Eco-Systems & Market Opportunities

Investing in Existing ResourcesCC: Clear Value Proposition & Solid Foundational Institution


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Startup & Entrepreneur Visas Worldwide: Sustainability & Take-Aways for LithuaniaCapital, Eco-System & Market Opportunities


Source: Tech City Map - http://www.techcitymap.com/index.html#/

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Startup & Entrepreneur Visas Worldwide: Sustainability & Take-Aways for LithuaniaInvesting in existing resources


Start-ups Role Models: Vinted, Yplan, TransferGo

Incubators & Accelerators: North Town Technology Park, StartupHighway, Startup.lt, Vilnius TechPark

Universities & R&D: ISM University of Management and Economics (ISM Innovators Base)

Events: LOGIN conference, Startup Weekend, Build Stuff

Co-working spaces: Hub Vilnius, Hub Kaunas, Rupert,

Investors & Venture Capitalists: Practica Capital, Nextury Ventures, Baltcap, Business Angels Fund (Verslo Angelu Fondas), Litcapital

Institutions: Startup Lithuania, Startup Nitro, Sunrise Valley

http://www.smtp.lt/index.php?lang=2



http://www.startuphighway.com/

http://startup.lt/

http://www.ism.lt/index.php/corporate_page/top_menu/about_ism/innovators_base/84979



http://www.login.lt/conference

http://www.login.lt/conference

https://www.facebook.com/StartupWeekend.LT

https://www.facebook.com/StartupWeekend.LT

http://buildstuff.lt/

http://nextury.vc/en/

http://nextury.vc/en/

http://www.baltcap.com/

http://www.mesinvest.lt/index.php?lang=2

http://www.mesinvest.lt/index.php?lang=2

http://www.litcapital.lt/

https://www.facebook.com/StartupNitroLT

https://www.facebook.com/StartupNitroLT

http://www.sunrisevalley.lt/en/

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Startup & Entrepreneur Visas Worldwide: Sustainability & Take-Aways for LithuaniaCC: Clear Value Proposition & Solid Foundational Institution


Be inspired by the best practices of European Countries like UK (Eco-System), France (Marketing) and Spain (Fast-Track)

Thank You@migreat

@josephinegoube


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Startup & Entrepreneur Visas Worldwide: AnnexeAdditional Resources


ReadingsEU Highly-Skilled Migrants - Meeting Paper, March 2005Philippe Legrain, “Immigrants: your country needs them”, 2005.

Migreat Reports- UK Entrepreneur Visas: A Pragmatic Review of the Entrepreneur visa route in the UK- Worldwide Comparison of Startup Visa Schemes

DataUK Immigration StatsUS migrant Entrepreneurs Data – The Partnership for New American Economy. Migreat Infographics

NewsSubscribe to Migreat Newsletter

http://ec.europa.eu/transparency/regexpert/index.cfm?do=groupDetail.groupDetailDoc&id=19237&no=2

http://ec.europa.eu/transparency/regexpert/index.cfm?do=groupDetail.groupDetailDoc&id=19237&no=2

http://press.princeton.edu/titles/8472.html

http://content2.migreat.com/reports/entrepreneur-report-by-migreat.pdf



https://www.gov.uk/government/collections/immigration-statistics-quarterly-release

http://www.renewoureconomy.org/research/

http://visual.ly/users/migreat



http://migrationnews.migreat.com/

http://migrationnews.migreat.com/

migreat start-up & entrepreneur visa worldwide presentation - iom + emn

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