Seven Canadian Startups Want to Jump Aboard Blueseed, the Sea-Faring Incubator

140 startups from 40 countries want to jump aboard Blueseed, the floating startup incubator that will offer technology entrepreneurs a visa-free enviornment in which to build their company. Seven of those startups are Canadian.

With 5% of the interested startups coming from Canada, that places our country fourth among all nations, Blueseed says. The sea-bound incubator hopes to launch in the third quarter of 2013.

Up to 1,000 entrepreneurs will pay $1,200 to $3,000 per month to live aboard Blueseed, which will claim a small stake in every company. The boat will likely be a decommissioned luxury cruise liner with a $25-million retrofit.