 Good morning, everyone. Hi there, everyone. My name is Andre Bate, and I'm the selection lead at the Urban Hattery Fellowship. And I'm going to be leading this webinar. And I'm joined by Alina Siegfried, who's our communications and content lead. Thank you so much for joining us. It's great that you can be here. The purpose of this webinar is to talk more about the process of applying for the Urban Hattery Fellowship. Our second cohort applications are now open, and they close on the 1st of October. So this is a great chance to talk about the process of applying. We're also going to briefly give some short context about the fellowship as well for those for whom that would be useful. So we'll spend a little bit of our time just recapping what the fellowship is, and we'll aim to leave the bulk of our time for explaining some commonly asked questions about applying. And also, if you have particular questions that for the whole group, there is a Q&A icon which you can click to enable that. So we would ask if you have questions that would apply to everyone, that's a great place to do it. As some of you have seen already, there is a chat window as well. That's more for just saying hi or general kind of conversation rather than particularly questions. So questions to the Q&A box. OK, I'm going to skip onto the second slide. And so introducing the Adminatory Fellowship. So what we're about is we're about building a group of people who are going to create solutions to global problems from New Zealand. So we're seeking entrepreneurs who are able to and investors who are able to get things done and make positive changes in the world. And we're seeking to enable that from New Zealand so that people can tackle global problems from here in New Zealand. OK, so as the first part of the slide says, we're a platform for people wanting to have global impact. And we'll talk a bit more about what that means in terms of how we support people to do that a little bit later on. It's to the second point, it's a community of people. So we're after people who are going to want to support others and what they're doing. So it's not just about you and your project. It's about helping others to succeed in theirs as well and getting good collaboration and help across the group. Third point there on that slide is that for those who are from, who are not New Zealand citizens or permanent residents, the fellowship offers the opportunity to get a global impact visa. And so we'll talk a bit more about that later on, but broadly how that works is that people from overseas who are awarded a position in the fellowship are given the opportunity to apply to Immigration New Zealand for a global impact visa. And it's a very entrepreneur friendly and investor friendly visa. It enables you to work and invest and work on your venture from New Zealand. So it's very enabling. Okay, so this slide here, we say that every year we accept up to 100 international and on top of that up to 20 Kiwi Fellows per year. What I'd say about that is that those are our maximum numbers that we can handle and we don't, for example, when our first cohort, the numbers that we included were smaller than that. And so the numbers we go with will depend on the mix of people in the cohort and the fit of people with the fellowship. So it may be at a number of times that the number of people we have is less than the number of 100 international and 20 Kiwi Fellows per year. And obviously we have two cohorts a year, so you can divide that by two in terms of maximum for a particular cohort. So the fellowships are three year fellowship, but we hope and expect that fellows beyond the three years would continue to be part of the community. As alumni, we'd continue to contribute to other fellows that are part of it as well. So I guess we're looking at it not just as a three year relationship with fellows, but as an ongoing relationship beyond the three years. Okay, so here I'm gonna talk a little bit more about the global impact visa. So there are some numbers there around 400 visas that we could potentially issue between 2017 and 2021. And that kind of goes back to 100 per year maximum, but that's a ceiling rather than a target necessarily as I said before, it depends on the people and the fit. It's open and flexible and what that means is that there are few requirements for fellow for people on the visa to spend time in New Zealand. So it's designed for global citizens to remain and keep connected with different parts of the world to keep connected with New Zealand and to be able to keep the other countries that you're connected to and New Zealand connected together. There is the opportunity for family members to get another type of visa. So say for example, if you were from overseas and you got a global impact visa and you had a partner or children, there'd be an opportunity for them to get a visa, not a global impact visa, but another visa type. And there's more information on the Immigration NZ website with details around how that works. There's also a path to residency. So by being part of the, by having a global impact visa, after 30 months of you having it, there's an opportunity for you to apply for a permanent residency. And it makes it, having had a global impact visa makes the process of applying for a permanent residency easier and more amenable. And the final point there on the slide is that the Urban Hatteray Fellowship is the only way to qualify for the global impact visa. And so people who are accepted as into the fellowship are then given the opportunity to apply with Immigration NZ. Okay, now the next couple of slides are gonna talk a little bit about New Zealand and why New Zealand is a place that may be of interest. And I know that a number of you, maybe some of you are from New Zealand already and some of you may be thinking, yeah, I'm signed up to EHF already in the sense that you're keen to apply, but I'm keen here to just to briefly mention why New Zealand, just because connecting with New Zealand is a key thing for the fellowship. So New Zealand has what I've described as great social and economic and political institutions. So for example, Freedom House rates us for our strong political rights and civil liberties, transparency international pretty much every year where we're number one or number one equal with Denmark or another country. So we're very low on corruption and a flip side of that is the levels of trust are very high and peaceful country as well. And what this does is it makes it New Zealand a great place to live and it makes it lower risk and it makes it higher trusting, which enables and makes business easier. A little bit about New Zealand's culture. So New Zealand signed the Treaty of Waitangi many years ago and that was an agreement between a number of Maori iwi or tribes and the British Crown. And that process of signing the Treaty even though there's been a lot of things that have happened since then, that is something that is I guess you could say unique or in any case a leadership position and New Zealand's journey as a bi-cultural and multicultural country is something that it's been on and is interesting for us and interesting for others. New Zealand is the first country in the world to give woman the right to vote and it's rated highly in terms of creativity, generosity and happiness. I think we're eight happiest in the world and second most generous in terms of monetary contributions and I think we're pretty high up there in terms of voluntary time as well. New Zealand's ranked first in the world for ease of doing business. So beyond it being a place where you can trust people, it's also a place where it's quick and easy to get started, you know, a bank account and a former company and all those things of setting up a business. So it makes it easier to test and trial and innovate. New Zealand has strong trade relationships with other countries given that we're a small, open trading nation. It's important for us that we're connected with other countries and so New Zealand's been a leader in terms of forging partnerships with other countries. So that makes it attractive in terms of exporting from New Zealand. And New Zealand's workforce is well educated and talent is obviously a key thing for doing business and New Zealand is blessed in that area as well. Okay, I'm gonna talk very briefly about a couple of New Zealand businesses that have done well. So Weta Digital founded by Peter Jackson. So they are the ones who did Lord of the Rings but they've also done a number of animation contributions to movies such as Avatar here and a number of others as well. So they pretty much have been leaders in that digital animation field and they pretty much created the industry from scratch. Zero, the online accounting software firm. New Zealand was a great base for them and they could do things at national scale really quickly. So they could quickly connect the Inland Revenue Department and Statistics New Zealand and all the banks and I don't know if it's 30 or 40% of New Zealand's small and medium-sized businesses that are connected with zero and doing that in a country like New Zealand enables them to go to Australia and United Kingdom and United States and beyond and say, hey, look, here's what we can do when we have a whole country connected. So that demonstration effect is powerful and being based in New Zealand and showing what they could do here has been a stepping stone for them beyond that. Lanzateca are a business which use smart reagents to take waste products from making steel and turn that into biofuels and Rocket Lab are pioneering New Zealand's civilian space industry and the government here has been supportive of enabling the legislation and other infrastructure for that to happen. So I see that as another example of New Zealand government supporting people doing innovative things. And very briefly here we've got Sunfed Meets who are creating great non-meat alternatives that taste and feel like met and it spirals a community of socially minded entrepreneurs who have different ways of organising and connecting and more kind of open and collaborative methods of doing governance and decision making. Okay, I'm going to pass over here to Alina to talk more about the Evan Hillary Fellowship. Thank you, Andre. I see we have one question in the box here and I'll answer that one shortly. But basically I'm gonna talk you through a little bit about what our first cohort looks like. And as Andre has outlaid already this morning, EHF is really a community of global change makers solving global challenges from New Zealand. So we very much value the collective of what the community can build together. Next slide please, Andre. This is a bit of an overview of what our first cohort looks like. So you can see we had received a number of expressions of interest prior to people actually going through the full process of applying for the Edmund Hillary Fellowship. We received 311 applications for our first cohort and of that we selected 30 fellows. So as you can see here, it is a competitive process. We selected just under 10% of all of those who applied. And as Andre has also mentioned earlier, we look at the cohort as a whole. We look at who's applied and we're comparing people against who else is applied in the cohort rather than going in with a set number of how many fellows we wanna get out of it. We've got really good gender split there. We didn't set out with a specific target of how we would like to see diversity manifesting in the cohort, but we were really glad to find that we had a 50-50 male and female split in our first cohort. Next slide, please. The slide in the next are gonna talk you through just some profiles of the kind of people that we've accepted into our first cohort. Now we can't name all of these people with their real names because some of them are still waiting on their global impact visas to be finalized with Immigration New Zealand. But we've given you an idea of the types of people that are in here. And the question that I wanna answer is part of this as well as Hamantha has got a question here. It looks like all the fellows from cohort one came from reputed institutions, world ranked universities or organizations where they've worked. And so just wanting to know on the selection process is the committee prioritizing candidates who have such branded backgrounds. What I'm hoping to illustrate here is that while we do have some amazing people who have rather large name organizations behind them, some are really also just starting out on their journey. So it's not necessary that you do have those big branded organizations or the experience. Obviously we'll be some of those that are in our cohort, but we're also looking for people who are early in their journey. So if we look at who we've got here, Mark is probably at the one end of having had a lot of success in his past. He's co-founded the world's leading cryptocurrency exchange platform. That valuation I think has gone up significantly in the last couple of months. But he's basically now looking to see how he can invest in blockchain ventures in New Zealand and how blockchain technologies can really be applied for social good and trust building purposes. Ginny and Kathy are a team of two who are basically, what they're doing here in New Zealand is a tool aimed at collective and collaborative finance for organizations. But their backgrounds are quite diverse in that one has been a NASA engineer, turned entrepreneur, and the other has been running one of Europe's leading entrepreneurship festivals really focused on the sharing economy and on how organizations can include more participatory process and collaborative design into what they do. And that's where their passion for the collaborative finance solution comes from. Anaheer is an entrepreneur, perhaps at the other end of the scale from highly recognized down to those who are working really at the grassroots level. So she's a Maori entrepreneur here in New Zealand who really uses her skillsets to empower other indigenous entrepreneurs. She's someone who works in a lot of different worlds. So she works with government, with NGOs, with the community sector, and right down into having cups of teas with people in their living rooms to really empower people from the grassroots level up. So that's an example of someone who perhaps hasn't got the same big name backing behind them, but is just quietly going about doing really important work on a local level. Let's flip to the next slide, please, Andre. Okay, so we're also taking investors into EHF as well as entrepreneurs. So our Wang persona here is a global citizen who lives in Hong Kong. He's lived in Silicon Valley in China and has been quite successful in terms of representing large venture capital funds, mostly based in Silicon Valley and Hong Kong. So he's been investing in a number of companies, many of which are recognisable by name and now looking to see what opportunities there may be in New Zealand and help bring capital and networks and opportunities here. Maria is a non-profit leader, so a point I'd like to make here is that we take a pretty loose interpretation of the word entrepreneur and we want to emphasise that people who are working on non-profit solutions will still be considered for this program. The key is that those non-profit solutions are scalable and can be moulded to fit in other countries and other settings as well. So Maria founded an education non-profit that works with thousands and thousands of teachers to really rethink the way that we design learning experiences for young students. She's looking at expanding the program to New Zealand and the Pacific Islands around this area, so really taking what she's learned in Latin America and being able to apply it in different countries in different settings. May is someone who's been a real leader in clean energy in China and sustainability and climate change innovation. She's really a person who's incredibly well connected across the world, so she really looks at everything she's doing with a holistic lens. So while she's working on climate change, she's also thinking about how food and nutrition feed into how we look at climate change and how we can look at these solutions in an integrated kind of a way. She's always travelling around the globe, connecting people with a lot of different people, and so really a global citizen that we think can do a lot for connecting our fellows in the wider community with the rest of the world out there. We'll jump through the next slide, thank you. So we're really looking to bring people together and help them grow. Let's just jump on to the next slide there, thanks. And one of the ways that we do that is by really bringing together our community and the wider New Zealand startup ecosystem together on a reasonably regular basis. So some of the photos here have been taken at our New Frontiers event, which is part festival, part conference that we've been running. In the future, these events are going to be run as part of our fellow induction events every six months in New Zealand as we welcome a new cohort of fellows into the country. And this is an opportunity for fellows not just to meet each other and to meet our team, but to actually bring along other innovators and creative people from around New Zealand and people from around the world who have shown interest in the program. And what we do here is really make an effort to invite people from quite diverse backgrounds. So we bring people together who are creatives or artists, we bring entrepreneurs, we bring government policy people, we bring farmers, we bring filmmakers and indigenous or Māori experts and really try to bring people together that can bring really diverse views in the hope that they can cross-pollinate ideas and help each other to think outside the box a little bit. Let's skip through, please. This gives you a bit of an idea of what industries and challenges our first cohort of fellows are working on. So you can see there's some emerging themes here as they're coming out in the bigger words. There's several of our fellows that are working within the blockchain space, within healthcare and education. And the yellow words are more the actual global challenges that they are focused on solving. So this will give you a little bit of an idea of, what do we mean by global impact? What are the problems that we think the world needs people working on? This is, of course, not an exhaustive list. There's many, many ways people are making global impact out there and we don't presume to know that we know about all of them, but this gives you a bit of an idea of what our first cohort are really focused on. This one gives you an idea of what we're looking at in terms of the global coverage of EHF. So it really is what we're looking to build as a global community of people that are working together. And these lines here show all of the countries in which our first inaugural cohorts have either lived for a year or they feel they have strong business connections. So as you can see here, there's really quite a global spread already from cohort one and we expect that by the time we're a few cohorts in, we'll certainly be adding more lines to that map and be helping people connect with a lot of different countries around the world as it fits their business. We really are looking, as the last slide indicated, to get beyond New Zealand and build a world-class support network beyond just the cohort. Next slide. So this gives you an idea of really what that wider community looks like. In the inner circle there, you've got the actual EHF program. You've got the fellows, the alumni that have been through the program, the ventures that they're running. Obviously, with the global impact visa, we operate quite closely with immigration in New Zealand and we work with the teams and funds that are a core part of the program. But beyond that, we have a really wide community of support around us both in New Zealand and globally. You'll see at the top there, the Hillary Institute Laureates and those people who have been, I guess, awarded a Laureate Prize from the Hillary Institute of International Leadership, who are our partners within this organization. So the Hillary Institute, they're not so much involved with the day-to-day running of the Administrative Fellowship Program, but they're very much involved at a strategy and governance level. So we've got a set of mentors around New Zealand and globally as well. There are incubators and accelerators that we can work with here in New Zealand, other economic development agencies, government agencies focused on innovation and investment and supporting the entrepreneurship ecosystem. Of course, universities, education, institutes. And then looking globally to what our sort of ambassador networks, how they're helping us support the program and a network of global investors as well. And then we have our selection, independent selection panel who actually, Andrew's going to tell you a little bit more about them later, but who actually make the final recommendations on who should be accepted into this program. This just gives you a quick idea of the breadth of the types of organizations that our fellows are connected to. So these aren't necessarily organizations that they work for, but they're organizations that through our fellows, people should be able to get in touch with if it makes sense for their organization to reach out and have some support or ask questions of people there. Andre talked a little bit earlier about why New Zealand is such a special place and we want to go a bit further into that now. We really believe that New Zealand is an incubation nation where we're really uniquely placed to trial things and test things here. And we have the freedom and the flexibility of a small country that perhaps it's much harder to do such innovative things in larger countries. We have a small population here of about four and a half million people. They're well educated and technologically savvy. So you'll find a lot of technology companies, Facebook and Google, et cetera, they actually roll out new features here in New Zealand first to test things out because we are so small, but we are a Western nation. So they can really get, you know, you can test things here and get a good sense of whether or not it's working before you're investing too much and like you'd have to in a larger country. This is a summary of really, I guess, what we're looking to gather together into our cohort. A global community of change makers, we want to provide our cohort with a platform to collaborate and grow. So that being, I guess, a jumping off place to help them and support them. A network of people around the world who are ready to help them however they need help and to really help our fellows foster a long-term connection within the New Zealand business and startup communities to make sure that they're making the right connections they need to hear and they feel like they're supported. Finally, this slide just shows really what we're looking for our fellows to actually do. Now, we don't expect everyone of our fellows to hit all five of these targets, but collectively, this is what we expect the types of things that they would be doing. So actually building companies, building ventures that serve a higher purpose that actually leave a positive impact on the world. We're looking for people who are investing in those high impact ventures and enabling those things to actually grow and scale. People who are experimenting. So who are really pushing the boundaries of the work that they're doing, not just perhaps tinkering around the edges or doing the same thing that a lot of different people around the world might be doing, but really doing things that others are not. We're looking for people who can connect New Zealand startups with global networks. So I'm thinking back to that persona that we had before May, who's really a global connector. She knows a lot of different communities around the world and can help connect Kiwis who are doing impact work with others who are doing similar things overseas and people who can support the innovation community. So really looking for people who are willing to give back to their community, share their skills, share their expertise, open their networks and actually provide a bit of a helping hand to those around them, not just in the EHF cohort, but to other people that they bump into and they meet here in the New Zealand business community. So I'm gonna hand back to Andre now and he's gonna talk you through a little bit more about our selection process and the criteria. Thank you, Alina. And I noticed we have one other question in the Q&A box and we'll come to that at the end, but also if any others have questions, feel free to add them in there and we can answer them at the end. Okay, so I'm gonna talk more here about what we're looking for and how we select fellows. Okay, so first a little bit about our values and these are important for us and we aim to live out these values. So being bold is the first one, so we want people who have bold ideas for doing great things in the world. And to connectiveness is important. People who can connect fellows to different parts of the world, people who are looking at collaborating with other fellows. Excellence is important. So people who are gonna be doing great things rather than just being okay with doing what they have done or just good enough is, you're rough enough is good enough. We're interested in people who wanna have a global impact. So I guess that goes to boldness and degree of ambition as well, as well as people who are not just doing things directly solely because of the money but they're doing it because they wanna make a positive change. What the intensity is important, people who are willing to be vulnerable and present or offer their whole authentic selves. Stewardship is important, both of people's own personal resources but also of our cultural and environmental resources and lastly, humility. And that was something that was also very important and demonstrated by Sir Edmund Hillary himself. Okay, so now we're linking directly to our selection criteria. I'll talk you through each of these. So the first one there is around having a bold vision to solve systemic challenges. So systemic challenges, an example might be problems of structural problems of health or it might be structural problems that link to climate change, for example. So we're wanting to people who are interested in solving big challenges that involve tweaking or recreating the systems to make positive improvements for both New Zealand and more broadly as well. So I guess that first point goes to vision of people wanting to do big and bold things that are gonna make a positive difference, not just at a localized, not just at, oh, I'm helping one person here but helping change systems as well ideally. The second point here is around people being able to deliver on their vision. So demonstrating the drive, capability and caliber as investors or entrepreneurs. And what this really means, or where we're going with this is we want people who not just have bold visions but people who are able to deliver on it and actually take steps towards it and show that they've been able to make things happen. So in selecting our first cohort, the second one was quite a key one that differentiated those who were accepted versus a number that weren't. So there were a lot of people that just had ideas but they didn't have a track record that showed that they had an ability to deliver on it. And there are different ways of showing that you could deliver on your vision. One could be having led a startup before or it could be a social movement or not for profit. Having demonstrated in the past that you've been able to make systemic changes. And the other one could be through the venture that you're working on at the moment. And as Elena mentioned from or alluded to, for our first cohort, we had a mixture of people in terms of the stage that they were at. So we had some people who had built large organizations and from scratch and we're figuring out what was next. We had some people who had early stage ventures but they were able to show to us their potential as an entrepreneur. And yeah, there are a mixture of people across people doing not-for-profit startups and all sorts of different areas as Elena alluded to in earlier profiles as well. So I guess what I'm saying here, there are different ways of delivering on your vision or showing your capability to make big changes. But being able to demonstrate evidence of it rather than just, oh, here's an idea is important to us. The third one is around building long-term connections with New Zealand. So that doesn't mean that you can do this in a few different ways. You could have spent time here holidaying and meeting with people. You could demonstrate that through having done research in terms of how your idea would work in New Zealand. So we want people who are able to connect with New Zealand long-term. And that could also mean spending amounts of time outside of New Zealand as well. The global impact visa is flexible in that regard but being able to show your connection to New Zealand and how you would want to make New Zealand a key part of your journey from here is important. The fourth one is around actively and positively contributing to the EHF community. So we're interested in people not just who are gonna create great ventures but also people who are gonna aid and assist other fellows, people who are gonna be givers and not just takers, people who are gonna be positive members of a community. And the last one is around people embodying EHF values and we talked about the EHF values in the last slide and being good ambassadors for New Zealand. What I'd say here beyond what we've got in terms of those five selection criteria is that a couple of things. One is that it is a competitive process and Alina talked through that earlier in terms of the number of people who applied versus got in. And just the other point is that we'll look at the strength of all of these five criteria. So some people might have done something that would contribute towards some of them but maybe they're not as strong. They haven't demonstrated them as strongly as some others. So it's not just about, oh, have you done something that would tick these boxes? It's also about the strength of how you've done it. So for example, how strongly you've demonstrated your ability to deliver on your vision, as an example. The other bit is that for us, it's not just linearly looking through these five things, it's also us looking at how they fit together in total as well. Okay, we're gonna talk a bit more about the criteria for the global impact visa. And so as I alluded to earlier on, how it works is that you apply for, and we'll cover this a little bit more coming up as well. So after you've applied for the fellowship, if you're from overseas, you would then have the opportunity to apply for the global impact visa from Immigration New Zealand. And so these are the things that if you were to apply for a global impact visa to Immigration New Zealand, they would be wanting to make sure that you can meet these criteria. So having acceptable, and the other bit is that you can learn more about this on the Immigration New Zealand website. So if you do a Google search of global impact visa or Immigration New Zealand, you'll be able to get more detail on this. So acceptable standards of health and character. And we ask people at some points to get a medical check and get a police check to demonstrate that. There's also questions around having, whether you've been involved in fraud or other things that would question your character. Second one is around English language proficiency. And the team at EHF will be assessing that through our selection criteria, through our process of selecting people as well. And that can contribute to that proficiency. The third one is around maintenance funds. So the key point there is that you can financially sustain yourself once you arrive in New Zealand. And you can demonstrate that either by showing that you have $36,000 in New Zealand available. Say for example, on a bank account or your ability to earn that amount of money once you come to New Zealand. And the fourth point there is around showing that you're being able to demonstrate, this is if you're an investor actually, being able to demonstrate that the funds that you have acquired are legally earned. I'm gonna skip to the next slide. And as I said before, check out the Immigration Indeed website for more information. Okay, now we're gonna talk a bit more about how to get involved. And this links to the selection process that we have coming up. Okay, so applications are now open. So you can go in now to the EHF website and apply and look through the application form. The deadline for submitting your application for cohort two is one October. And then the EHF selection process for cohort two will continue from October through December. And we'll talk a little bit later about what the various steps are as part of that selection process. So we're expecting that we would notify people who are accepted as fellows of that in December. And then those who are accepted who are from overseas would then apply for a global impact visa with Immigration New Zealand. And we'd expect that they might get their decision from Immigration New Zealand about whether their global impact visa has been granted in early 2018. In April 2018, we are expecting to have our welcome week. So that is a space to welcome fellows from cohort two in New Zealand and to meet together for a week and start sharing learning and meeting each other. One other bit that I should add is that as part of the fellowship, there are two retreats per year and those are compulsory for fellows and they are in New Zealand. Beyond that, there'll be a bunch of collaborating that happens between fellows, both online and also I imagine there'll be events organized by fellows and maybe by EHF as well between those six monthly retreats. Then after April 18 and the welcome week, the fellowship goes for three years and then you're able to be part of the alumni community after that and there's a chance to qualify for permanent residency as well. There's a question there around whether the timelines are set in stone and when does the next cohort start? So what I'd say here is that so the application date of one October is set in stone and pretty much these figures here are set in stone. One where there might be a bit more, slightly little bit more wiggle room is around getting your global impact visa confirmed and applied for and confirmed. So say for example, if you've done all of the prep work, you've got all your paperwork sorted and all your documents ready by the time if you were accepted by EHF in December, then I don't know, maybe you could get your visa approved before February but that might depend on processing times from immigration in New Zealand but the other ones are relatively fixed in terms of the selection process dates. Okay, so here's a little bit more about our selection process and this links back to the previous site and it's between October and December. Okay, so once candidates have applied online, we will review those applications, we'll review the written material sent or review the videos and then we'll decide who we want to include as part of our first shortlist, who we want to video and not everyone who applies will get a video. We look through and we identify who are the people that we see potential as being fellows. So not everyone who applies will be selected for a video interview and then after that, after we've had the video interviewers will say, well, do we see how much potential do we see for this person to be accepted as a fellow and then we go to references and we do other things as well like checking online and some other things to just get a sense of people's backgrounds. Then after we do a final shortlist, we put forward a preferred list, we put forward a list of candidates who've been through the selection process in terms of videos and reference checks and all those have applied. We put together an information package for our independent selection panel and they make the final decisions about who is included in the fellowship, who is offered a place in the fellowship. Okay, so the application for cohort two finishes up on one October. So that's a key date. So if you're going to apply for cohort two, one October is the magic day to apply before and as mentioned, welcome week is in April 2018. Okay, a little bit here about how to apply and then we'll have space for answering questions. So you can go right now to ehf.org slash apply or you can just find it from going to ehf.org and you can start looking at and completing the application form. We also encourage you if you're interested in applying to go to ehf.org slash connect and to fill out or express your interests in the fellowship and that makes it easier for us to keep in contact with you and to learn a little bit more about you and it's a good way for you to keep in touch with the fellowship in terms of us sending you updates around things that we're doing. The last pieces are on fees. So for international entrepreneurs the fees 850 New Zealand dollars and for investors it's 3000 New Zealand dollars. There is a discount here for New Zealanders that's 75% of both of those prices. The other thing to mention is that these fees are non-refundable if you're not, your application is not successful in becoming an Edmund Hillary fellow. Okay, so we're gonna jump now to questions. So feel free to add questions to the Q&A box already. Okay, so the one question there is who have been accepted into cohort to what projects are they working on? So no one has been accepted into cohort to no one, some people have applied but we applications closed at the end on 1st of October. So to answer that no one's been accepted. And in terms of the projects they're working on we've got some applications but we expect that the bulk of our applications for cohort to are yet to come out. And so what I suggest there is looking at EHF's blog and we list stories there of our fellows from cohort one and that is probably a good sense, a good way to get a sense of the types of people who fit as fellows but that's obviously for cohort one rather than cohort two. Andre, if you jump on to the next slide then our attendees will be able to see a link to our blog there. So that's the stories.ehf.org. That's where you can go to check out stories of our fellows from cohort one. Perfect. And I noted another question another question there around factors considered while offering application fee scholarships. So what I'd say there is that the deadline for applying for scholarships has closed and our factors there are both we look at people's financial circumstances and to identify whether a financial scholarship makes sense. We also look at the ability of people to get a global impact visa. So we ask some questions around people's health and character and other things which would affect their ability to get a global impact visa. So in the case where you weren't eligible to get a global impact visa we wouldn't award you a financial scholarship. And we've got another question there around is it mostly for people who have a trade record of startups or is it about the capability for setting up a startup? What would you articulate one more time the second criteria? Okay, so what I'd say there, thanks for that question what I'd say there is that so I guess startups is one startups has a connotation of being a for-profit business. So we're interested in people who have the we see that they have the ability to make big changes as an entrepreneur or as an investor and that could be people who are doing not building not for profits building social movements building for-profit businesses, social enterprises and people who are investors who are investing in those types of things who are gonna make significant impact. So to your question around is it mostly for people who have a track record of startups will definitely having a track record of having created and it's not just startups but having created things that could have significant impact that's important for us. And as I mentioned for the first cohort that was a key differentiator. If people had no record of having done stuff that was gonna create significant change or hadn't given any indications that they'd done some stuff that would show their capability to do that then that was definitely a limiting factor. But yeah we look at it as a whole as well but it is a key thing and there could be different ways as I mentioned there could be different ways of showing your abilities to create great global impact and it could be your strength as a community builder your strength as an entrepreneur and there could be different ways of demonstrating that. There's a question there around is current business income a major factor in selection process? So what I'd say there is that you'll note that that wasn't listed in the selection criteria. So we're interested in people who have bold visions and people who are able to execute on those bold visions. So I don't know that we explicitly ask you might be able to correct me Alina but I don't know if we explicitly ask around business income I don't think we do but we are interested in people's ability to gather resources for their venture as well. And there could be different ways of doing that. So for example, if you're working on a venture and your income is currently low you might be able to raise funding from different sources or philanthropic funding or you might be able to build a team of volunteers or another type of community to achieve your aim. So the key thing we look at is are you able to deliver on your vision that's gonna create systemic change that will be positive and I guess there are different ways of doing that but if you're unable to demonstrate your ability to execute on your vision then that's a limiting factor. If I may jump in just to add there, there is a current space I think on the application form to give us a sense of how your business is sitting financially but we really do look at that in context of all of the other information that you've provided as well. So if you're very much at the early stage of your venture we're not going to be expecting that your business income is overly high. On the other hand, if you're bringing to us a venture that you've been working on for five or 10 years and you're still not showing scalability or income coming in then that would be a signal to us that you're not delivering on your vision. So it really is dependent on the contextual information about your venture as well. There's another question there about will there be a co-working space or co-working spaces or should people who are accepted set up a business entity in New Zealand upon acceptance? So what I'd say is that EHF isn't at this stage directly providing a co-working space. There are a number of co-working spaces around New Zealand that could be a good fit. There's also the opportunity for fellows to organize something and I've heard ideas from fellows that that's something that they would consider but as yet I'm not aware of anything that's off the ground. So if you're interested in contributing to something and then that would be great upon being accepted as a fellow. There's another question there for startups will it be enough to provide a few references on the implemented projects and long-term project plans or is it required to provide strong references? Okay, so what I'd say here is that I mean you can identify plans about what you want to do and that helps us get a sense of where you're going. It's also interesting to us to know where you've got to now and what are the things you've been doing in the past that have led to where you are now? What are the resources you've gathered to your venture? What are the outcomes and outputs that you've delivered as well? So I guess having an indication of where you want to go is helpful but as most people know what actually happens ends up happening in an early stage of venture and you mentioned startups and that question what ends up happening is often different to what's in a business plan. The other point there is that it could be interesting for you to identify what are the key assumptions that you're making and how are you gonna test those? That could be another way to approach that in terms of identifying to us, hey, here are the things I'm exploring, here are the things that I've learned that contribute towards having a model that's showing progress and the ability to scale. I think it's also with noting here, you're welcome to provide references with your initial application but it is not until the shortlisting process where we've actually been through a first round of reviewing applications and we take some people through, it's not until that time where we actually check up with references of the shortlist so we certainly won't be doing reference checks with all applicants, only those who make it through the shortlisting process. Thanks Elena, that's a good point. And just to add as well, time check, so there's five more minutes and so feel free to add any other questions into the Q&A box and there's a question there for someone saying that they have a new venture that's due to launch in October, would we like the full business plan attached? What I'd say is there is that there's in theory there's no harm in attaching extra documents. What I would say is that if it's a hugely lengthy document it could be challenging for us to digest it in the time that we have to review your application. So anything that gives us a sense of where you're going in a way that's concise and punchy would be good. I guess it's a balance to give depth and concision as well but a 50 page document is unlikely for us to read through for two or four hours when reviewing your application. So something that is concise could be an idea. There's another question around how important is it to have additional team members in New Zealand? How can you add them in the future? Okay, so what I'd say there is that it's not a it's not a mandatory thing by any stretch that you'd have team members in New Zealand. Most of the people who applied for our first cohort and were accepted didn't have team members in New Zealand. What I'd say is that the fellowship is targeted towards people who are co-founders. So for example, and there's an option for people to apply as a team as well for if their co-founders also want to be fellows and have a global impact visa for people who are team members beyond people who would be considered co-founders. They are, you know, the global impact visa wouldn't be a fit for them. In terms of your question around adding team members in the future, we would hope and expect that a bunch of people who come to New Zealand who are fellows would hire people, including people in New Zealand. But it's not mandatory that you would have people from New Zealand lined up. What I would say though is that we do have one of our selection criteria is around having a connection to New Zealand. So if you are applying, if you have a venture that you're planning to launch from New Zealand, having built connections here and that could be customers or partners or team members, I mean, that adds to your story of connecting with New Zealand and showing that you have a, you know, ability to form a long-term connection here. Another question about whether EHF will assist to build relationships with government agencies or other relevant organizations which individuals cannot necessarily easily access. So the answer to that is that people who are accepted as fellows, the team at the fellowship will do our best to help link people to relevant stakeholders. So for, and the relevant stakeholders will depend on your venture. So you might have some that really wanna connect with universities, you might have some that wanna, you know, for their business, it's important to talk with different government agencies or they wanna talk to angel investors or they wanna talk to, you know, government scientific research organizations or, you know, it's gonna depend on your venture but we're able to play some role in helping connect. The other thing about New Zealand is that it's a place that I mentioned earlier on. There's relatively high trust and it's a small enough place that it is also relatively easy compared to some other countries to reach out to people directly and say, hey, I'm doing this thing and I'd like to speak with you and talk about it. And often people are receptive and from my experience more receptive than in some other places as well. So the fellowship can provide some introductions but there's also New Zealand as being a place that's amenable to connecting directly to people. And in terms of time, we're almost at time but if anyone has any other questions we can, we've got time for maybe one or one or so more. One other thing I'd like to mention while if any others are thinking about questions is that you can find frequently asked questions on EHF's website and that's a really good source. So I recommend that to people in terms of, you might have questions that are able to be answered there as well. Okay, unless there are any other questions we can wrap this up. So I would like to thank you all for joining us for this webinar. Thank you for your interest in the fellowship and if you think that the fellowship is a good fit with what you're doing, then applying could make sense for you and just to remind you that the deadline for applying is the 1st of October. So we look forward to seeing applications. Thanks everybody. Thanks for joining us, really appreciate it. Have a great day. Thank you very much. Bye everyone.