NYDI Company Profile: Deposify

Anyone who has moved to New York or other major cities have gone through the pain of dealing with Landlord’s, agents and rent administration. Landlords require that you make 40 times rent and potentially, an up-front deposit of 6 months (No joke)!! The only thing worse than a six floor walk up with no air con is a rental dispute. Deposify removes the stress for all concerned and brings trust back into the relationship between landlord and tenant. 

What they do?

Deposify handles rental deposits on behalf of both tenants and landlords, providing a digital dispute resolution to take away an awful lot of stress for all concerned.

Value

  • Landlords –  Maintains property management a cashless and paperless process, including deposit management and keeps landlords compliant with security deposit laws.
  • Provides Tenants with visibility of their deposit and enables swift resolution to disputes.
  • Agents can leverage Deposify at no charge to reduce administration.

Deposify raised  €1.1 Million to fund it’s expansion in the US and has already partnered with People’s United Bank – one of the Northeast’s largest, community-based, regional banks. The volume and turnover in rentals in the US, coupled with strict deposit regulations, presents significant opportunity for Deposify to expand in the US market. Desposify was listed on the Business and Finance Elevation 100.

How the NYDI community can help….

Connect Deposify to strategic decision makers in the banking industry and Leasing Agents in the US. Reach out to them via email.

Learn More/Contact

Deposify operate from Bank of Ieland’s startlab incubator New York. Check them out on their website, Linked In and Twitter.

Employing a J1’er (Benefits/Process)

Why Host an International Intern/Trainee?

Many employers are not aware of the added value foreign interns can bring their business. By hosting an international intern, not only will you provide them opportunities to gain valuable skills and knowledge, your business will also benefit from their unique international perspective and skills.

Benefits to Your Business

Cultural Diversity: Providing an internship opportunity to a foreign student or recent graduate allows you to create a multicultural and dynamic business environment that promotes cross-cultural ideas and understanding. Because our applicants seek out our services directly, they are highly motivated to succeed and contribute to your business.

International Insight: Even if your company does not do business with other countries, hosting an international intern is guaranteed to provide you with new ways of thinking and insights that your business may otherwise not have access to. Their unique educational and professional backgrounds provide them with fresh perspectives on a range of tasks and projects.

Availability: Unlike American interns who may only be available for a few hours a week due to school schedules and other time commitments, international interns come to the US specifically for the internship experience and can train from 32 to 40 hours per week for up to 12 or sometimes 18 months. This provides your business with greater flexibility with tasks and projects and allows the intern to be utilized more effectively. In addition, your company does not have to go through the hassle of training a new intern every few months.

Understanding the J-1 Visa Program

The purpose of the J-1 Visa Program is to provide international participants with opportunities for professional development, insight into American know-how, and a greater understanding of American society and culture. J-1 interns and trainees are expected to share the cross-cultural and professional knowledge they have gained in the U.S. upon return to their home country at the end of the program. The J-1 program is also intended to allow American businesses and individuals to learn about the culture and expertise of the participant’s home country.

Using the J-1 Visa Program to fill the position of a regular staff member and/or to immigrate into the U.S. is strictly prohibited.

Understanding J-1 Visa Sponsorship

Any foreign national whom you would like to invite to your U.S. company for an internship or training must first be accepted by an officially designated organization/sponsor. This helps ensure that the candidate and proposed training satisfy all visa and regulatory requirements. The U.S. Department of State designates and authorizes sponsors to issue prospective interns or trainees the Certificate of Eligibility (DS-2019 form) that is required for interns and trainees to apply for the J-1 visa.

Program Requirements

To be eligible to host a sponsored J-1 Intern or Trainee, your company needs to:

  1. Have found an international candidate to whom you would like to offer training or agree to host a candidate.
  2. Provide the intern or trainee with a structured training program that must both be suitable to his or her qualifications and background and be approved by a sponsor (as required by J-1 Program regulations). The sponsor will assist you in developing an adequate training plan (DS-7002).
  3. Ensure that the intern or trainee is engaged in training and does not perform ordinary work that a part-time or full-time staff member of the company would otherwise be responsible for. J-1 participants may not make final decisions about, or carry the full responsibility for, major tasks, assignments or projects. However, they may provide assistance in these matters since on-the-job training is encouraged as an important learning tool.
  4. Offer training activities up to 18 months in one of the subject fields  designated by the U.S. Department of State.

Your prospective J-1 Intern or Trainee needs to:

  1. Be currently enrolled or within 12 months of graduating from a foreign degree-granting post secondary institution in a relevant course of studies (interns), or have a degree and at least 1 year of work experience in a field directly related to the proposed training (trainees).
  2. Know English well enough to perform successfully in the proposed training activities.
  3. Plan to leave the U.S. within 30 days after completion of the program.
  4. Possess a great attitude, eager to learn and participate in program activities.

 

James Cumiskey is Business Development Manager for KEMP Technologies based in their New York headquarters. Coming from Ireland, he has been through the J1 process before and found his employment through networking and interviewing on the ground here in the city.

Twitter: @jamescumiskey1

Linkedin: https://www.linkedin.com/in/jamescumiskey1/

NYDI Company Profile: Salaso Health

Anyone who has been injured or works in healthcare understands the importance of exercise for recovery from injury and support the management of pain. This week we take a look at how Salaso Health enables physios to support patients on their road to recovery using technology.

What do they do?

The Salso Health Platform allow physios to engage in and track patient’s daily exercise routines.

  • Patient’s can access their exercise program and video tutorials from the smartphone or computer.
  • Physio’s can stay in touch with their patients, create reminders and send them SMS or email messages with a history of all communications held on their record.
  • The platform tracks adherence to the recovery program. This helps inform clinical decisions to improve treatment.

The Target Market

The platform is offered as a white labeled solution so as clinics can support their relationship with clients and build customer loyalty. They target thephysiotherapy, sports and corporate wellness markets.

Listen to Aoife Ní Mhuirí (CEO) speaking (3.18 mins) about Salaso Health at our recent MedTech event.

Contact

Support Salso Health by connecting them to hospitals, occupational health professionals, private practice or health and fitness gyms.

Find them on Twitter or Linked In

About Our Company Profile Series

Our goal is to connect the Digital Irish community globally; to promote the expansion of Irish startups, by providing access to resources and networking opportunities. Our Company Profile series aims to promote Irish companies within our network. Are you a Irish Start Up looking to expand in the US? Would you like to be featured on our “NYDI Company Profile” series? Please reach out to us at breiffni@digitalirish.com

NYDI Member Focus: Stephen Mulvey, Gaingels

Stephen Mulvey

A Kildare native, Stephen popped his NY cherry as a student, spending an idyllic, if at times excessive summer in Union Square three years ago. He returned last Fall for a closer look. He works in marketing and investment administration for a private equity/VC group called Gaingels, who invest in companies with at least one LGBT founder or senior leader. Also a writing enthusiast, Stephen pens the occasional column for Inc.com and supports NYDI in the promotion of the group as a believer in its utility to Irish professionals in the city. He is passionate about brunching, the music of U2, spontaneous nights out, and the sultry vocal tones of Amazon’s Alexa.

Stephen, tell us about your role and what you like most about it?

Essentially I have two functions; there’s marketing – very much on the B2B end in our business – which essentially involves creating promo or informational materials as we need them for would-be or current investors. Then there’s the usual stuff – maintaining our online presence and coordinating our regular meetings, be they formal pitches or more informal socials. There’s also more straight up administration work – compiling diligence reports, preparing and filing legal documents, setting up meetings etc. Less exciting perhaps, but then I am one of those strange people who get a kick out of a neat spreadsheet!

You have been in New York for over a year now, what advice would you have for young professionals looking to make a career in NY?

I think it’s important to assess the professional benefit of going to NY in a very clinical way. Forget the bright-lights-big-city romance. Think about what it is you do (or wish to do). Does that industry exist in NY? How competitive is it? How can you gain entry to it? And most importantly, who do you know? Because if the answer is nobody and you’re unwilling to get out there and network aggressively to change that, then don’t go. You can experience fabulous things and pimp out your Instagram in a multitude of cities across the world (and have a far better standard of living!). I only answer that question so bluntly because I believe the organizations overseeing programs for people moving here are biased toward presenting a whitewashed version of NYC life. But it’s not easy. It’s not for everyone. But their view is more ‘we’ll take your money and construct a narrative to convince you this can work regardless’.

What is your ambitions professionally for the next 5 years?

I’m 23 and really just starting out; my job right now – irrespective of where I work – is to learn from people who know better. I have to say my bosses are both excellent mentors. They want me to come away from this role a better, more evolved professional. So short term that’s the goal. In five years I’d like to be a consummate marketer, and hopefully have worked in another country – perhaps the developing world. There’s a lot of interesting things happening there.

“Some people will bitterly reflect that it’s not what you know, but who you know. I think the best advice I’ve been given is to embrace that……”

What was the best piece of career advice that you have received?

Some people will bitterly reflect that it’s not what you know, but who you know. I think the best advice I’ve been given is to embrace that. Really think about how the people you know can help you get to where you want to be. And of course, reciprocate. Help the next person up!

Check out Stephen’s Linked In profile here. Are you a professional working in New York and would like to be featured in our Member Focus Series? Contact us at breiffni@digitalirish.com