Immipact: The Pitch


It's quite odd that when a cow is born, the nation becomes wealthier, but when a child is born, the nation becomes poorer. Economists actually do add cows to the positive side of the nation's wealth and, just the opposite, divide our nation's wealth by the number of people living within its borders.

Cows don't make cheese, they don't even give milk, we have to extract the milk from them. The economic value of a cow is limited to the amount of milk and meat it can provide and only becomes unlimited by what we, people, can make from those products.

But the potential value and wealth that a single individual can generate is infinite.

But enough about cows, let's talk about survivors. They are mostly called refugees, but we like to  think of them and call them as what they are: survivors. There are 120,000 war survivors in France, and more will come. Regardless of how many we send back or go elsewhere, a large number will stay.

The average survivor spends some 18 month en refugee centers, detention camps, special facilities in a limbo where they are not allowed to study, work, look after themselves or add value to our nation.

18 months, think about it: one can get a Master's degree in 18 months.

And those who qualify and are legally accepted, will most likely become second class citizens who will compete for the low wage paying jobs of the existing members of our society that need them the most.

But what if we use the time they spend waiting and enable them to develop valuable skills required by our innovation sector, its companies and even the startups. In 3 months we can turn most anyone into a web developer, in 6 months into a mobile developer, in 9 months into a Internet of Things technician, even a full stack developer in 18 months. But there is plenty of skills sets and specializations to develop in between: machine learning, artificial intelligence, augmented reality, 3D design and printing, DIY devices and robotics. The skill sets are defined both by local demand as well as by sector, regional and national innovation strategies.

Companies can benefit from an increasing local availability of skilled personnel and make significant savings in wages. A full stack developer can cost up to EU120,000 a year, both because of the skill set required and because of their scarcity. A properly trained and certified immigrant can fill the position for 20, 30, even 40% less and still be making a lot more money than most immigrants end up occupying.

In addition, startups benefit from an increased availability of skilled personnel to develop their early stage prototypes and scale. Survivors have already risked everything to get here and are familiar with high stakes bets for a better future.

Join us and let's flip the immigration challenge into a win-win-win situation where immigrants earn a dignified salary, the companies save money, the country as a whole becomes more competitive and we make the world a better place together.

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