 Thank you to all of you who are joining us and we've got a bunch of you who are here live on the call and a bunch of you Who'll be watching the recording afterwards? Big big hi to all of you. I'm looking forward to connecting over the call looking forward to hearing your questions For today, this is a chance to hear more about the Edmund Hillary Fellowship and We're recording this call will be be shared with those who've all of those who have Whoever just it including people who are on the call here right now. So for this call What I suggest is two parts first part is me covering off some of the basics of about the Edmund Hillary Fellowship and let's put aside around 15 or 20 minutes for that and then the remainder of our time we can put aside for hearing your questions So In terms of you asking your questions, you can do that at any point The best way to do that is not in the chat window, which we started off For those who are here live So not the chat window, but to add the Q&A you should better see that on your menu So all of your questions into the Q&A window and do it at any point I probably won't I'll probably come to the questions at the end once we've covered off some of the basics about EHF but keep the questions coming as we go along as well By way of introduction, my name's Andre Robertson Bay. I've been part of the team at EHF for a bit over three years I joined a little bit before applications closed for our first cohort And it's been lots of fun and lots of energy and work seeing the community grow over that time from an idea To now community of over 250 people and will be significantly larger than that once we've selected cohorts seven and eight I'm a proud Kiwi brought up here. I'm based in Wellington with my wife and a two-year-old who's lots of fun and I've got a background as an entrepreneur and I for me part of my journey is trying to bring together the head and the heart my My head enjoys strategy and entrepreneurship and business always been a geek in that direction for a long time and background as an entrepreneur and My heart is towards wanting to make a positive difference in the world. So for me being able to connect with and contribute to the EHF community has been a real blessing for this call, okay, so I'm going to start by giving a brief rundown about the fellowship how it works and How you can get benefits from the fellowship? Secondly, we'll talk briefly about New Zealand. What's a great place to live a great place to innovate from? Third, how you can get involved so talking through our application process including what we select for and then lastly but almost more most importantly Space for your questions. So we'll leave around 40 minutes for that So let's get started talking about the fellowship What does being part of the fellowship actually involve? What does it look like if you're offered a place in the fellowship and how do you get benefits from it? so if you're and some of this stuff is Will be amended given the state of the world with with COVID as well so in terms of So when we sorry, let's go back Be with me Funny I'm just gonna stop sharing my screen and I'll do it again In terms of sharing it. I just I collect what I shouldn't have and then I was not able to use the keyboard to move Backwards, so I'll just do that again. Apologies everyone. This is actually the first time that this has happened on one of these calls Just like this. Okay So for those who are offered a place in the fellowship You're welcome to New Zealand with your cohort and that's a really important Kind of like base level connection of building really strong relationships with others in your cohort Every six months. There are Gatherings we bring together you actually fellows some of them are just for you actually fellows Some of them might be for your cohort and some of them are connected with the broader Innovation ecosystem in New Zealand when we call those the new frontiers summits They're also regional gatherings. So for example in Wellington, there's a monthly dinner different parts of the country different parts of the world They're original gatherings. We beyond face-to-face and especially in this COVID world There are ways of connecting people online. We have a bunch of different platforms So you can find people working on similar topics people are in the same place geographically as you and people in your cohort So those are really important and we're doubling down on our investments in those digital ways of connecting EHF fellows And then lastly in terms of the experience the EHF team print team can help provide some support both in terms of helping you move to New Zealand but also in terms of Introductions that might be helpful for the work that you're doing So what I'd say about all of these is that What what the what is that? What is the EHF? So it's not it's not an accelerator It's not like a three-month period where you have intensive support and then you're out the other end It's more of a community It's for the EHF fellows our success is your success, but it's by the EHF fellows a bunch of the Benefits and a bunch of the magic from the fellowship comes from the EHF fellows helping connect with and support each other And then then just to add is that with COVID we'll be figuring out How to how to do these things so especially in terms of in-person events So for our welcome experience we painted a bunch of stuff digitally digitally Before people will be welcomed in New Zealand next year who who are applying for cohort 8? In terms of benefits of being part of the fellowship There are a few first is the global impact visa and we'll come to it in terms of what's an attractive visa to access New Zealand Secondly is the EHF community And we'll touch on that as well and then thirdly is just open doors. So the When you come to New Zealand and you say I'm part of the Edmund Hillary Fellowship that can help open some doors for To show that you have been vetted in terms of your character and in terms of your capability why EHF Here are a few quotes from EHF fellows describing why the EHF community has been helpful for them So I'll give you just a minute to have a quick read through So as you can see The benefits are both personal and professional Personal and that you're helping getting more support Accountability and to raise your ambition for what you're doing because building a will-changing project or venture is really hard So you need support from others to help you do that But it's also there's also practical support for you and your venture and in terms of if you're an investor finding Others to invest in if you're a changemaker or entrepreneur finding talent finding partners finding customers and finding funding as well So the both practical support for your venture in terms of the EHF community, but also personal support as well Here are some photos from when we welcome to cohort five Okay, we've talked a bit about the fellowship. So long story short or you know by way of summary So there are a bunch of events both in New Zealand and different parts of the world regionally as well as online ways of connecting folks the magic comes from connecting with the EHF fellows and the what it says distinctive about EHF is both New Zealand and the global impact visa and the the caliber and Capability of the people who are part of the fellowship as well Next let's talk about New Zealand. I'll go through this quickly So first the global impact visa. It's an open and flexible visa So you're able to work. You're able to study. You're able to invest. You're able to build new ventures You can try something if it doesn't work. You can pivot and do something different Your visa is not at risk if you your global impact is not at risk If you end up doing something different to what you thought you would when you first apply It's flexible in terms of the amount of time you need to spend in New Zealand There's no Minimum number of days that you need to spend here. So it's designed for global citizens who need to travel if you're accepted and You would you'd be able to access the global impact visa. Your family would be able to access family or partner visas There's a pathway towards permanent residents So the global impact visa is a three-year work visa after 30 months on the global impact visa You can apply for permanent residents which gives you you can even vote at that point. It's you know full access to Social services including health care and education. It's pretty much everything minus a passport and then As part of that you'd need a letter of support from EHF and for those who are offered a place in the fellowship will give you a Bunch of documents describing how that process works So that you know what you need to do to get EHF support and in a way that's Designed to be predictable for you So you can get points for doing lots of different things such as building a venture or supporting carry ventures connecting the ecosystem here Influencing the ecosystem or investing as well as spending time in New Zealand and contributing to the EHF communities impact in New Zealand So there's a bunch of different ways there also doing things originally There's a bunch of different ways that you can You can qualify to get EHF support towards permanent residents after 30 months And to access global impact visa apply to EHF So in terms of why New Zealand great place to live in terms of civil liberties Low on corruption high on peace Also a beautiful place as you probably know lots of easy access to great outdoors clean air And a great place in terms of culture. So being a leader in lots of different areas such as in Indigenous relationships giving women the right to vote and diversity generosity happiness And creativity. So New Zealand's a great place to bring a family. It's a great place to take risks It's a place that's both trusting community connected and low in corruption So you can try things out people are generally pretty open and willing to try new things out I mean it has a government which is Highly effective at rates second in the world in terms of the most effective public service I mean it can be proportional and reasonable in developing regulations, especially in new industries Terms of scaling ventures. So New Zealand leads the world in terms of ease of doing business The lack of corruption is another another plus both that for a business, but also as a place where you want to live New Zealand has strong trade relationships and a highly educated workforce Next I'm going to talk about a few New Zealand ventures that have Been developed from New Zealand. The first is Wetted Digital which did the effects for Lord of the Rings and Avatar and Peter Jackson created the movie industry in New Zealand pretty much from scratch Xero, which is an online accounting software Platform they were able to they started in New Zealand and then when they went overseas They were able to show what they could do when they had a whole of a country connected and that can be That can be helpful for other types of entrepreneurs as well So you could come to New Zealand you can get a bunch of the market here and then you can go overseas and say Look, here's what we're doing when we have a large proportion of a country using our product at national scale So New Zealand can be a great test bed for new types of products can help you demonstrate what you're doing into other markets Lanza tech is Developing biofuels from steel production process and lastly Rocket Lab is putting rocket payloads up into space at frequent intervals and the founder of Rocket Lab Peter Beck He pretty much created the space industry from scratch in New Zealand He works with government the government helps to create a space agency legislation and other infrastructure to develop New Zealand's Space industry again an example of New Zealand government being proportional and working with new industries with highly proportional and Attractive regulations Okay, so we've talked a bit about how the fellowship works We've talked a bit about New Zealand in terms of what's a great place to invest in a great place to innovate and live from Next how you can get involved with the inventory fellowship these five things here are really important in terms of How we decide who to select and who to shortlist and probably a bunch usually on these calls a bunch of questions are around what we select for and Usually my answer go goes back to it goes back to these selection criteria Okay, you can also find these on our website at your shift.org forward slash apply and on our apply page You can see in another document that's linked that has more details Fleshing out these selection criteria along the lines of what I'm going to be covering now. So We select for people not for projects, but we learn about the people From the projects they work on so for example, we learn how capable you are or maybe you prioritise from the projects that you work on But this is not a business plan competition applying to EHF It's not just does this venture look good because we want to back people Like if we give you a visa and then you become a permanent resident in New Zealand It's a long-term commitment that you could be making to New Zealand and that New Zealand is making to you So your venture or your plans for your venture they could come and go But you are the person that we're backing over a long period of time And there are five key things that we look for in terms of who we select first is people who are focused on big problems And ideally in a way that's innovative and scalable and we recognize that not all problems Especially the important ones are highly scalable Second we're after people who can deliver on their vision. So what we're looking for is evidence of Exceptional talent people who can achieve a lot with a little There are different ways that we can see that one easy way is if you've been involved with a high growth venture You've played a key role in that but there are other ways as well through your voluntary work or your corporate work or your academics There could be other ways that we can get a sense of your ability to get a lot done and your your talent We also select people across The spectrum in terms of experience level. I think every cohort that we've had we select We've selected people who are New to entrepreneurship, but for whom we see evidence of being talented So we've selected people in their teenage years as well as people right into the 60s and 70s Third we're after people who for whom it adds up or it makes sense that you'd want to connect with New Zealand both Professionally and personally and we can see that you could make a contribution here So for that we'll be looking at things like and you don't necessarily need to have all of these But we'd be looking at things like Again, the key question is does it add up that you would meaningfully connect and contribute to New Zealand So how we would look at that would be have you spent time here? What other connections do you have here that you would make sense from a personal and professional point of view? Have you done your research? and Yeah, those are the main things there are some people that spend part of their time in New Zealand and some people that Move here full-time if you're gonna move here full-time it makes it easier to connect if you're gonna be here part-time then you need to be doubly Intentional about contributing and connecting to New Zealand We have some people that that maybe they're not ready to move straight away Maybe they have a key commitment that will mean that they will be They'll be only able to spend part of their time in New Zealand. So maybe they'll be able to spend more time about later on or maybe Maybe they just spend part of their time here, but they they find high leverage ways to connect and Contribute fourth we're up for people who will be active and positive members of the community the age of community So people who will give more than they receive Although it needs to be both We are selecting for people who are busy almost by definition because it's people who are doing world-changing things so So yeah, people who give not just to take and people who can sustain relationships over a long period of time then first people who'd be good ambassadors for New Zealand and the age of community and Demonstrate age of values which are listed there. I mean you can find them on our website as well So For these five things, it's not just a black and white. Yes or no Often it's how strongly do you demonstrate these and then lastly not everyone who's selected or progresses into our deep into our application Or selection process is perfect on all of these things We select for strength not just for absence of weakness So if you're particularly strong in a couple of these areas, it could you could still be a good fit for the fellowship terms of key dates Applications close on the 17th of May by the way, it's in the world's last time zone at midnight and then Lake fee applications close on the 1st of June and then our selection process kicks in you you have until September Ideally early September, but The latest is the end of September to submit your global impact visa application. Then we're planning on welcoming cohort 8 New Zealand in 2021. There'll be a bunch of ways that will help to connect and welcome cohort 8 for them digitally Then the fellowship goes from there the visas for three years But our intention and hope is that the EHF community keeps going as long as you achieve fellows are wanting to connect with each other Tends as a selection process. The good news is that everything is online First step is to submit your online application There are shortlisting. There's a shortlisting process at each of these steps. So for those shortlisted, there are Up to three video interviews There are reference checks that are done online So we might we would reach out to you at that point to ask for references Of people who know you well who have worked with you perhaps And then lastly, it's an independent selection panel that makes the final decision about who's often a place in the fellowship Go to you at cheff.org forward slash apply You can find more information there about fees In terms of the the fees for entrepreneurs for investors. There are discounts for new zealanders and there are There is a fee payable when you apply. So when you submit your application There's also a fee payable If you're accepted into the fellowship, sorry, if you're offered a place in the fellowship and you accept that offer If you apply Today, for example, or you know before the first of june If you're shortlisted through the selection process, you can request a scholarship for the fee that you pay if you're offered And then accept a place in the fellowship so key dates Coordinated applications close on the 17th of may and we're accepting late fee applications, so it's a slightly higher price And you can see the details on our website in terms of the pricing Between the 17th of may Rather the 18th of may and the first of june And we'll be welcoming cohort eight in the early 2021 One other important thing to add and we're pretty much done actually we are done in terms of In terms of EHF and EHF 101 so A key thing to add is that cohort eight is the last confirmed cohort So originally when EHF was created the government agreed to Having a four-year pilot for the visa but also committed to EHF for seven years So for those who are selected now Your visa goes for three years Again our our hope and expectation An intention is that the EHF community will keep continuing beyond Even when we're issuing new visas and the visa policy will be reviewed by immigration NZ's policy team next year And we're we're hopeful that they'll want to continue with the visa after that but at this point we don't have Any we don't have confirmation right now that that the visa will be continued or what how it might be changed If it if and when it's it's offered again So I think that's it for me in terms of some of the basics about EHF Now we're going to cover off your questions. So we've got 18 questions, which is great Um, and so I'll I'll go through them and do keep the questions coming as well Pretty much we'll keep going until we hit the hour or until we run out of questions So question from Anil, how many how many applications Did you receive for the batch eight so far? How many was it for batch seven? Um, so what I'll say is that we usually have around And just to add as well in terms of questions if you can add your questions into the q&a window Not the chat window, but the q&a window. Um, just so that I'll be able to make sure that I can answer your question excuse me, so We typically have a couple of hundred applications per cohort. So for example for cohort seven we had A bit under 500 people who applied um for cohort Eight applications are still open. Um, and and so it's really hard to know what the total number will be um question from Sean regarding the investor visa in addition to the uh, the 24 000 end-of-days part of the offer that's actually Uh, the price is actually different to that but worthwhile you checking on the website as well Um, how much do you need to invest over the course of three years and any other criteria to the program for investors? Um, so thanks Sean. So the the key thing I ask is I hear from your question is what what do you need to invest over over the course of three years um, so What I'd say is that There's no there's no mandate like there are other types of visas where you have to put for example, you know three million or one and a half million dollars into particular particular types of assets As the conditions of the visa so for the global impact visa. There's no mandatory requirement but I mentioned before about the uh, the global impact visa being a three-year visa and there being a pathway towards permanent residence So there are different ways to get your chief support for permanent residence And there's a points based system that you can see what you need to do You can one of the ways that you can get points is to invest in and it's not just the dollar amounts that you invest It's also around How much value you add to those companies and for example, whether you're leading around or And you know the the if you're investing 10 angel checks of $10,000 each can Arguably that can add more value to just one late stage investment of $100,000. So it's not just based on dollar size It's more based on uh, and there's criteria there that specifies it But um, how much value are you adding to the ecosystem through those investments and through not just the cash that you give I will not give but invest um, but also the value that you add through your connections and your skills Thanks for that question Sean question from Anu If you've never been to New Zealand, what what are your chances of being accepted in other words? What's the percentage of fellows accepted without having been in New Zealand before? Okay, so there long story short. We have accepted a bunch of people who haven't yet been to New Zealand What I'd say is it's more common that we have people who have been to New Zealand Well, we actually have Kiwis are part of the fellowship as well as internationals Um, so but it's not a it's not a showstopper That if you have not yet been to New Zealand the key question that we ask is Does it make sense again doesn't make sense from a business point of view and a personal point of view Um, so you could have a bunch of reasons why it would make sense for you to connect with New Zealand And there's a bunch of stuff you can do to show that you're serious about it without actually Um having spent time on the ground here I mean hey all our sequel if you've spent a bunch of time here that's a positive but it's by no means mandatory question from Rebecca We have one NZ founder and one non NZ citizen and one team What are the pros and cons of applying individually versus applying as a team does NZ have a preference? Okay, so um, I think I think there's a couple of parts to the question there So with regards to whether it makes sense to apply individually or together as a team so What in terms of what we look at for teams we look at We look at the team members individually and say how strong to each of those individuals fit with against our selection criteria as well as saying You know, how do you how do you work combined? You know, how do your skills complement for example? um, so whether so for example They they have been a small number of cases We've had a few people in a team apply and there's been one person that's been a really strong fit And another person that's been less of a fit um, so in that case we've we have In a few cases, but not that many we've said We've been a differentiate and say we see it's really strong fit with this person But not with the other person So I guess if you were to apply as a team that lowers the risk that you would you would Lose your chance if you like if there's one person that's particularly stronger in terms of having an NZ founder and and a non NZ so currently the way the pricing form works is and If there's a price for There's not a there's not currently a price being shown for For that mixture of international and kiwi so What I suggest you do is that you email applications at ergf.org and they can help Help you figure out a way to find the price that makes sense given that you have one paying the international price and one who's paying the New Zealand price Question from another question from Anu. Can you share more about the path to residency? Okay, so I think I've mentioned a bit but what I'd say beyond what I've mentioned is that What it's a really attractive pathway compared to other visa categories. So A bunch of other visa categories have a really strict set of criteria about what you need to do to get residents permanent residents so it might be you know Minimum amount of dollars you need to invest or you need to create a business that creates strong outcomes and so basically it's It's and often there are requirements for you to be in country for a certain number of days And it's what I'd say is it's it's it's more There are a set number of ways that you can That you that you need to do to get residents whereas with the global impact visa It offers a lot of flexibility both in terms of the global impact visa itself As well as the the the points based system For you're getting EHF support. So there are seven different ways that you can generate points. So What it means is that You're not just focused on does my business work or what what outcomes am I creating for my business? There are lots of different ways that you can add value So it gives you flexibility in terms of finding ways to contribute meaning fleets in New Zealand Rather than just just our intention is not not for Intention is for it to be wide so that there are lots of different ways that you can meaningfully contribute Rather than just doing things to to make the points Another question for my note. How long was the residency in NT? In some countries permanent residents are five years renewable visa. Okay, so So it's a it's so you go from the global impact visa Which is a three-year visa towards permanent residents and that permanent word is the the answer there So it's for the rest of your life So again, it's pretty much like being a citizen minus having a Minus having a passport you can vote in New Zealand elections access social services Question from Alain. So I love New Zealand and what you actually provides with COVID-19? I've been impacted financially. I understand the scholarship deadline has expired Has there been an extension of the scholarship? So thanks Alain. So again, like I mentioned before, I think I've covered this already so um The scholarship is passed for the fee that you pay when you apply But you can if you apply you can request a scholarship towards the fee that you pay if you're Offered a place and accept your place in the fellowship Question from Emily. Do you have tips regarding the application video? What do you want to see? And can we read some parts of it out? Thanks Emily. So Emily rather. So what I'd say is that In the application form, there's a few dos and don'ts. There are a few suggestions about what to do and what not to do So Those those are the the most relevant and up-to-date guide rather than my my recollection of it um What I'd say is that We're wanting to get to know you it's not it's not based on who can create the most compelling video in terms of special effects or in terms of it being a smooth pitch that's polished with professional cutting and video quality So it's it's just us trying to get a sense of you why you're interested in the fellowship and a bit about What led you to apply and why you want to connect with New Zealand? Um, so it's those sorts of things again Have a look on that on the um a black page from more more color than what I've mentioned there in more detail So another question from my node. Can you share some of the best profiles you've admitted so far? So you can actually see who's been offered a place in the fellowship already Uh, actually funnily enough if you go on youtube and type in e-application You'll be able to find a few videos from other people who have applied but have made their videos public um, so That's an idea both for the the previous two questions but in terms of Um, if you go to eshf.org and then click on the the link up at the top right on the menu That's his fellowship. You're going to look through and see the profiles of he actually fellows So that's a great way to get a sense of who we have accepted question from a node What would be two or three profiles you'd like to have in batch aid? My answer there would be it all goes back to our selection criteria So if you're a strong fit on those then, um, that's That's what we're after. It's not It's not that we have So for example, we don't have oh, this is a blockchain cohort or this is our environment cohort or this is our digital tech cohort We we select for people who are great fit for the fellowship based on our selection criteria having said that as we've got more and more people in the fellowship there are some clusters that emerge and um But again, we're just we're open for people who Do all sorts of different types of things as long as they'll contribute meaningfully. Um, but We're also interested in how do we once we have people go to the fellowship Like how do we how do we engage them in terms of working on particular problems that are relevant to new zealand's? Challenges to new zealand's unique capabilities as well So an example would be new zealand to sit set an ambitious deadline or a goal of being credited free by 2050 How can that's one area? How can the hf fellows contribute to eliminating? Um pests in new zealand through technology. That's an example, but there are a bunch more than that So another question for rebecca I'm also correct that if we apply as a team, we just need one application So that is correct. So if you apply as a team one application form There's a space in the application form when you select team to give more details about your other team members Question for my new did neval rough can't really apply. Yes. He really applied and is part of the fellowship Question from To a teeny at the moment. I do not have any venture idea But if there's a pre-existing one for which I could contribute my skills and expertise artificial intelligence and computer vision And I'm willing to divide a bit of my time on meaningful projects But I can't become a full-time job since I would have one Is there something you'd consider as a valid contribution? Thanks. I'm taught any so again, it goes back to our selection criteria It's not a it's not a startup idea competition. It's not a business plan competition. It's people that are Values fit who are going to contribute meaningfully to the fellowship into new zealand If you have the skills and the capability and the inclination to do that, then you could be a really strong fit It's not based on Do you have a business idea and so but having said that where we're looking at What's your capability to execute as I mentioned before? if you have experience of if you have Evidence of that then From previous things you've done then what you're planning on working now is is even less important But yeah, we do look for evidence to get a sense of people's ability to execute people's people being talented the question from anude How many people reached the first shortlist? How many reached the second? How many reached the final? um So what would I say? Yeah, so it's maybe Of those who reached the first shortlisted somewhere probably between Around 30 40 percent even as much as half for some cohorts. We don't have a set number. So it's not like we have, you know um Quoters It's more just who do we see who's a really strong fit? through the different shortlisting gates Any links allowing me to recommend someone to the fellowship? Uh, actually in the application form. There's a section where you can recommend others Another question if you reapplied are you taking into account the previous application? Um, so we've had people who've applied Uh multiple times and then been successful in the end and we've had people who've applied Uh three or maybe even more than three times and have been successful So what I'd say is that our job is to Say if you've applied in the past and you apply again, our job is to be aware of Our view when you're applied but also to Have an open mind about what's changed and We for those who apply and request that we give feedbacks there's space for you to get a sense of of where you stood and um, and maybe what Things that you could do that could strengthen your fit with the fellowship as well Question from Christopher. How do you consider international applicants have not been to New Zealand yet? I've covered that one already. Thank you That question Christopher question from roger How can the fellowship help someone grow as a person slash leader? Could you please give Some examples of the activities each cohort does together? um How could help someone grow as a personal leader so I guess I guess my question Back would be um, actually funny enough when I During the application process we we um for those who are shortlisted interviews. We asked To hear people's journeys people's stories and often through that you End up learning that in a person's life often there are key people that are really influential So to the extent that you build strong relationships as part of the the fellowship. They can be really influential to you um There are different working groups on different topics Um, and so if you're going to want to be able to take a leadership position in a particular field you can um Build your network and build your skills in a particular area Um examples of activities that cohort each cohort does together so what I'd say is that The welcome experience when you first Join is really important. It's an intensive period where you really quickly build trust with others Who are part of your cohort beyond that there are for example some cohorts There are zoom calls that are a regular or semi regular basis for you to reconnect Um ways of connecting online as well What I'd say is that Over a period of time like when you start your relationship with your cohort is the foundational thing Over time you start building relationships with other e hf fellow members across different cohorts So in some ways over time you probably build friendships beyond your cohort and end up In many cases building strong Um connections across and across you know within your industry as well. So If you're a storyteller you build strong connections with others and share ideas and projects For example question from peter if selected, how can we find other fellows with similar experiences or passions that we can work with? So We have online platforms to help people connect Different working groups in different subject areas. So that would be a really easy way to find people with some of the things Or you know similar place to you as well if you're in the same city question from christopher We want to come to new zealand this fall prior to e hf fellowship What are the current government regulations regarding this? What are the cause problems of the e hf process if we apply for a short term entered visa? um, so I guess it meant it depends if you mean the new zealand fall or the northerners sphere fall I'm guessing you mean the northerners sphere for which would be like september. So What I'd say is that there's a bunch of uncertainty just right now in terms of COVID-19 And so currently The border is closed. We expect that I would expect that that would be open There may be some quarantining at some point as well just depending on where testing's at. So basically there's oh, sorry I just wait my keyboard Basically, there's a there's uncertainty right now in terms of the border if you There are some people that maybe apply for their Who there are some people who that maybe you're in the process of applying to e hf But they come on a visit a visa and that's that's okay um, you can if you're accepted in the fellowship There are people that know more about visas than I do and can help provide some sort of advice or support around um People being on different visas at the same time how that works if you're have a visit a visa and a global pet visa Tell me a question from rena Uh, is my e hf scholarship still available got an email scholarship had been successful and was given a scholarship price dated 25 march. Okay, so If you were offered a scholarship, there's The window for you to apply using that scholarship price for the for the fee you pay when you apply that is now passed but Given that your scholarship application was successful If you apply you need to apply with the at the regular price But if you're offered a place in the fellowship, you can get a significant, you know Very substantial discount on that that fee that you pay at that time And the next question is if yes, is the deadline of payment still on a before one June Can you request an extension based on the economic situation? Three my application is still for cohort seven or eight so If you applied for a scholarship for cohort eight, then you would apply for cohort eight Basically, I'd say if you haven't if you'd applied for cohort seven already, you would know that you'd applied I expect um, so I'm guessing that you would be applying for cohort eight Um If if you are still unsure email applications at uhf.org and then in terms of timing so if you apply for cohort eight, you'd pay The fee payable when you submit your application if you offered a place in the fellowship that would be And sometime in august So it would be in august that you'd pay your Your fee, um, we don't want money to be a barrier at that point if there are reasons why you Uh, you can't make all that payment at once then we can have a conversation to try and figure out what would be What would be fear and what can uh, what can help? Question from to a tini is there a guarantee that my partner could get a family visa? We're not married if accepted into the program Considering you've been able to prove that you've been together for the past five years Okay, so first thing I'd say is that I'm not a lot an expert on partner visas, but It's more from what I know I I'm pretty sure it's more based on Your being together other than whether you're married Um Or both, you know, there's different pathways. It would would be my sense, but even better than my guests Informed guests would be to go into the immigration incident website Just type in immigration. New Zealand partner visa And then that will give you their definitions Question from to a tini. What's the appropriate rate at which I should physically come to New Zealand if I get accepted? I'm a digital nomad so I can come to New Zealand as needed So again, there's no There's no minimum requirement according to the global impact visa Um, so you can um, thanks from sam. Um, sam. I think you're saying you need to duck out Um, good to connect sam. I hope that that was helpful You'll better get the recording that will have more of the question more of the q&a beyond here as well. Um, so back to the question from to a tini so So how much time you spend in New Zealand? It's up to you is the short answer So I mean, I we hope that people spend we hope that people will contribute If it's easier for you to contribute by spending more time here, then that's fantastic But we have some of some of your chief fellows contribute a lot whilst only being here for A number of weeks a year, but again, it requires intentionality question from Sanjeevan Sanjeevan Hello, what happens to the 24k paid at the second stage as an investor? Do we have any say on whether it's On where it is applied? Or is it the nature of the application expenses? Thanks Sanjeevan Apologies from pronouncing your name incorrectly. Um, so I'm not sure if I understand your question You're asking do you have any say over where it's applied? So what I'd say is that Okay, so the fee that you pay when you if you're offered a place in the fellowship and accept it um You you only pay that if you want to take up your place in the fellowship so If you decide that you don't want to be part of the fellowship, then you you wouldn't need to pay it What I'd say about the fee that you pay when you are offered and accept a place in the fellowship is that it It helps it helps towards providing the costs of the fellowship program um I hope that that answers your question feel free to send a follow-up if need be question from To attend if I get accepted into the cohort with my partner apply directly for a family visa Or does she have to wait 30 months? She'll be in a play once I get my permanent residence. So So if you to attend if you got the global impact visa your partner would get a partner visa They'd better get that straight away, you know, they'd better get that at the same time As you you can either you can either apply for your global impact visa by yourself And then your partner apply for a partner visa later where you can apply concurrently so you get them at the same time But in long story short your partner wouldn't have to wait for 30 months You could apply and and and get it much earlier than that question from josh. What's the rate of NGOs versus non-profit? ventures In the EHF is the program geared towards a certain structure So what I'd say I don't have exact figures about what's the split We do have a bunch of each of them and I guess part of the design is Even in the name right the global impact visa is based on people who can make a positive impact And and that includes social environmental cultural As well as economic So I hope that answers that question And have a look through our website in terms of profiles of people who are part of the fellowship We've got people bunch of people doing international development work environmental work storytelling Health care like there's a whole bunch of different things From futurists to farmers and everything between another question from josh Oh, that's actually that was the same one Uh to attend a am I guaranteed to be able to come come and go to new zealand and or stay for an extended period of time With my partner folks accepted in the cohort. Okay. So if you if you apply for and get accepted and and get your global impact visa and activate it then um Everything other than kovat just because kovat creates uncertainties around visas and borders and things other than kovat um You're able to come and go as much as you like. Um, I'm pretty sure that's the case for your partner as well That would depend on the conditions of the partner visa, which I'm not an expert on So worthwhile checking the conditions of partner visas, but the global impact visa has no In-country requirements. A lot of other visas. They say you need to be in country for 200 days a year or 180 days a year global impact visa Zero in terms of the number of days you need to spend here. So it's It enables you to come and go obviously We hope that you spend more coming and joining welcome week involves days in the country But it's it's very flexible Question from Maricio What's the total number of applicants for kovat 7 kovat 7 already? It was a bit over a bit under 500 people question from Adewele Apologies if I'm not pronouncing that correctly. What's the ratio of? ratio percentage of selected candidates could be to applicants. So Maybe an example is kovat 6. So we had just under 400 people apply for that and we selected 65 so that's Bit over 15 percent. We don't have a fixed ratio If if you're someone who we think is a strong fit with the fellowship then We would shortlist you and But it's not There's no fixed number. It's not like we have to accept one in x If everyone who applied we thought was a fantastically strong fit then Actually, we have a there is a cap on the number of visas we've got but we have a lot more global impact visas So we're we're currently unconstrained by the number of visas another question from Maricio How many of them will be shortlisted? Okay, I think we've covered that off already question from oven While uploading additional material, can you combine two documents into one using PDF merge? Sure, you welcome to combine documents however you want to and upload them Up to you question from Josh. What opportunities exist to access philanthropic slash donors? Sorry to access philanthropic donors slash funders. Okay, so in New Zealand There are a bunch of government grants available. There are a bunch of philanthropic foundations that provide grants Uh, it's the specifics, uh, particular to each provider. So if I'm a grant provider a grant provider b government grant provider c They each have their own categories and definitions and requirements So it's worthwhile looking into each of them to get a sense of whether you'd be a fit But in short, New Zealand does have philanthropic funding question from San Jean Reference b7 of application form what investments made on behalf of organization and setting up a new A new initiative count e.g budget budget alloc and allocations for developing your business lines. Okay, so in general How we think about it is if you are So what it says if you are Building a venture in New Zealand then applying as an entrepreneur make sense If you're going to help support the ecosystem through investing your time and talent either through writing checks or Building the ecosystem in different ways then investor could make sense. Your question was around the investor application form and what you need to do to to show Um, the dollars that you're making for investments. So usually in that form You would be it would be investments you've made into other ventures If you've got a venture and you're investing your money into it that sounds like an entrepreneurial activity um Having said that If you're a CEO of a large company and you have expertise in allocating capital Then I guess that gives us that could give us an indication I mean warren buffett for for goodness sake Allocates capital for books for hathaway. So I guess in one sense. He's directly allocating capital capital within his own company. So Yep, so I hope that answers that another question from sun, uh, sun javine Sanjivan, sorry In question b8 from application form Do you necessarily have to be an institutional investor to apply as an investor short answer? No So a bunch of people who apply are angel investors Um We're looking what we're looking for is not just are you part of a firm? We're not just looking at how much money you have We're looking at What do we expect you contributing to new zealand? How active are you going to be? How are you going to add value? Part of that's through your resources, but but resources are not just money. It's time and talent and connections question from amer Would my kids have free access public schools after having the global impact visa? Okay, so you would have the global impact visa if you got in It got accepted and your children would be able to be there as part of um as part of family visa I I'm not sure I I think That your children would have access to public schools in new zealand But it's worthwhile you double checking that on the immigration website I know that people who have the global impact visa can access education facilities That's worthwhile checking for your kids A question from adewale, you know, we're gonna have some more dogs. I'm doing thirsty Does e hf consider exceptional skill of applicants and not only entrepreneurship tendency? um, so what I'd say is that what I'd say is We're out for people who can make a meaningful contribution to new zealand to its to new zealand's ecosystem Innovation ecosystem. So building a venture here's one advising supporting connecting influencing Investing in the ecosystem. Those are other ways Check out our apply page and there's a link down the bottom of section one of the apply page Which is about still election criteria has it mentions those five things which I've just rattled off really quickly then So if you're able to contribute strongly in those areas one or more of those areas Then you could be a good fit. You don't have to build a venture here There are a bunch of ways that you can contribute you're being talented and being able to show talent in different directions and ways Can give us a sense of that? Let's hope that answers that question question from josh Can you clarify opportunities to access scholarships to cover costs? um, so I've covered that off already And then on an ongoing basis for e hf events general. So there's also the ability to access scholarships as well Just gonna have some more Thanks. I know so your question is around the seven ways to get points for residency. Okay. So just to Just let me describe as well. So If you have the global impact visa then you apply for permanent residence You need three things that could be more than this but the other three main months police check medical check and e hf's letter of support e hf has a point system to figure out who it gives its letter of support to And the seven ways that you can contribute points to that and again if you're offered a place in the fellowship You'll get sent Documents with lots of details that were specified. So one building a venture to supporting New Zealand ventures So it could be you know Being an mentor or a board member or advisor Three connecting the ecosystem. So providing valuable introductions, for example, or connecting New Zealand institutions with international institutions for Influencing the ecosystem that could be building new industries or it could be, you know, providing the foundation for new industries or it could be Helping attributes New Zealand's policy environment and the last one is investing so investing investing capital and So those are five and they fit with the five main ways that the government monitors or rather evaluates e hf then the other two are spending time in New Zealand and Lastly contributing to New Zealand's regions Question from Christopher, what do you look for in references in terms of number? Who that be? What do you want references to demonstrate? Thanks, Christopher. So First thing to say is that you don't need to provide references when you first apply They come down the line if you shortlist it But in that case, I think it's between four and six. I think that we ask for And we give a bit more guidance at that point in terms of who we're after but it's Again, it goes back to a selection criteria. So we're asking questions that tries to um tries to unpack those five things to get a sense of your strength in those areas question from muckos In the payment part of the application form if you select a team of two there's us dollar thousand dollar charge Disappointed both members if yes Team number two do not pay. Okay, so for international entrepreneurs Up until closer play You know midnight on the 17th of May In the worst last time zone. So currently it's 500 us dollars per person So if you're playing with one that's 500 if you're probably two, it's a thousand if you play with three It's 1500. So if you play with three Let's just use two because you use that example if you're playing with two It's one thousand a total you'd make one payment through a PayPal or a Mastercard or whatever Um credit card whatever type of payment options are available So you make one payment So maybe if you have two people, maybe you make the payment and your friend Your co-applicant pays you to reimburse you for half of it. That's an example question from josh If one does not apply this round it was not accepted when do you anticipate the next cohort round assuming the hf continues after this cohort? so Long story short as we don't know We're expecting the policy will be reviewed next year but It could be a while It's it's out of our control directly Even when the it gets the green light then it could be some time To ramp up in terms of attracting people and in terms of running through the application process. So it could be Could be late next could be late 2021 could be later. It's hard to know Question from marcos if we apply as a team one application form for each or both. We've covered that already. Thanks marcos. So one 13 Question from Pablo. Do you have experience going through the health criteria with HIV diagnostic? This is a cause to rejection for the process to get a global impact visa. Um, thanks Pablo. So what it says Do a google search for immigration use a long global impact visa And then on that list the conditions of the visa including health And you're going to get if you follow, you know, is you're going to find their guidance documents that describe What health requirements they have question from adolfo What's the time zone for application deadline? So it's the last time zone in the world So I don't know if it's americans are more or somewhere around there So it's new Zealand's the first country in the world to have a new day So it's on the slightly other side of the time zone. So somewhere in the middle of the Pacific basically Hawaii or a bit over anyway, there's a there's a um There's a there's a clock on the application form as well So And at the moment we'll tell you how many days but when you get close to the deadline it will tell you how many hours So that will give you the answer question from Christopher How long are the ladder stage interviews and what is the interview format? Um, so We'll cover that off if you're shortlisted. It's the short answer but Excuse me. So the first interview is a short one like 15 20 minutes Excuse me the second one is around 45 to an hour 45 minutes for an hour and the last one's around 20 minutes Uh, the second one it would be with two people at the end And more details if you're shortlisted And there's a what to expect question from sam javine Sam javine, sorry I read that As investor you could contribute with investment advice networks. How does that advise networks part work out gene prior research contacts who you will advise on what issues What do you get paid partially for advisory? Okay, so What i'd say is that Okay, if you're accepted to play if you're offered and accept a place in the fellowship a bunch of this stuff would be I made a bit more clear about down the track. So In terms of how you've got about finding companies to invest in or ventures to invest in or mentor or advise The e-hf community has some connections that could be really helpful. So If you went on to the community portal and asked what people would be able to give you advice about who are the Who are the early stage companies in New Zealand that would value from your advice? then You know, you could get pointed in the right direction Uh With what you get paid for that it depends. So there's no like e-hf doesn't provide a set rate. It's more just a commercial negotiation between you and others Question from peter. Hi, peter Some NZ visas have fixed age limits at 55 Does the e-hf have an age limit a policy? And have you had older fellows in this? So I mentioned before our oldest e-hf fellows are in the 60s or 70s We don't have a formal age limit We're looking at what people can contribute if you're 115 and you're In your bed permanently then that probably makes it harder Harder to find that could make it harder for you to find ways to contribute That's just an edge case a ridiculous edge case. Um, so but um So if you're older, we're looking at Your experience how much your propensity is to give and help give back to others How much energy you've gotten tanked to keep building things or supporting others along the way So long story short, there's no It all goes back to our selection criteria again is the answer there. So The question we ask is Do we see you contributing meaning fleets in new zealand and the fellowship? You're about to people we've selected who are older because we see them being able to contribute meaningfully question from rihanna Orana, I'm not sure how I pronounced that sorry Are you safe? Thank you for answering my questions clearly. Audrey. Great. Thank you question Carlos How do I know if I'm a qualified applicant for? um, so Uh mentioned what I mentioned before so go to yehf.org for such apply Section one under there is the selection criteria read through that. We've covered that off already And then there's a document linked down the bottom of that bottom of six month Just under the bullet points that that gives more detail on What we select for it covers a bunch of the stuff we've discussed So that will hopefully give you a good sense and then the other piece would be With while looking through profiles of people who have applied and been accepted into the fellowship You can find that on our on our on our website on the fellowship page on on yehf.org And they'll give you a sense as well next question from Christopher is there a difference in acceptance rates for entrepreneurs with investors What I'd say is it's not We don't have a set policy, right? Not like we say x percent for investors x percent for invest for entrepreneurs What I'd say is probably it tends up being it probably ends up being high a higher acceptance rate for investors because typically people who are investors are more um have more It all else in general they probably tend to be more experienced Um, so it can be more clear to see what they can contribute Question from an old yeh chef has now has 261 fellows in a quarter of 400. Are you looking to have more than 60 fellows in the cohort eight? so Thanks, I know it's so The hf has north of 260 fellows, but a bunch of those are Kiwis or maybe a few Australians for example So the number of global impact visas out of our total 400 that we've allocated is I think a bit over 200 So we've got another bit under 200 Left to go across two cohorts caught seven and eight Um, so basically we are currently Unconstrained or it's not a binding constraint in terms of the number of visas that we have We all select people based on again those that we see as being a strong fit Um, that 400 number is not a target Um, but if we have a large number of people we see who are great fit with the fellowship, then Uh, then we'll select them Question from reyna What will happen if I pay the application fee and was not selected in the fellowship is the is the 500 us dollars fundable so The the fee you pay when you apply to the hf Uh, that's not refundable But a bit a little bit about the rationale for that is that that fee helps cover the costs of the hf attracting People to join and also to help cover the costs of the selection process Question from shawn Can you purchase a home with this visa? Do you need to rent during the duration of the visa program? Thank you. Okay, so You to Purchase a property in New Zealand. You need to have a residence visa the global impact visa is a work visa so So my understanding and I'm I'm not an expert on the legislation here, but my understanding is that When you become a permanent resident again, it's pretty much like being a citizen. You can purchase the property at that point There are different ways to There are different ways to purchase property, but there are there are different processes So for example, there's a thing with the overseas investment office And you need to show certain criteria in order to get In order to get Get permission for it. So I hope that answers it. So most people who join the fellowship Rent during a period and then are in a position to buy a property If they're often permanent residents So Vignesh can someone with a startup idea apply for yet chief or should it be an established entity? Then we've covered this off already. So it goes back to our selection criteria It's not a startup idea or a business plan competition Um, if you've been able to So the question you're getting to there is your your ability to deliver on your vision So if you've shown your ability to achieve a lot with a little then the current idea of what you're thinking about doing is a lot less relevant We select people not ventures question from vignesh. I've multiple ideas. Do I need to apply separate applications? So Short out so you can only submit one application per person So there's space for you to write describe different ideas in the same application form Christian from Emma one of my chances to get a government grant for your for my venue Uh I can't answer that because I don't allocate government grants. Um, so but what I would say is um, what I would say is worthwhile looking at Do research for government grants? Um, and then see how your what you're doing fits with Their criteria that would be the way to find it out, but I don't know enough about Their criteria about answer that or what you're working on um, Christian from vignesh If I have extensive experience a yes, um in for example a skill shortage area Uh, and I could support other startup companies. Would it be eligible? Again, it goes back to our selection criteria. I think we've covered this stuff off already Um, and and look at that document that's linked in our at the bottom of our In our apply page just under selection criteria. We'll describe the different ways you can contribute as part of the fellowship Another question from an old Uh, thanks a lot of your time and answering all of our questions now time for us to reflect more on how we can contribute to New Zealand Cool. Thank you. I know so we've had 59 questions. Whoo Uh, thanks everyone And going to finish up the call shortly unless there are any final ones coming through Just looking through some of the chats, but again, I'll cover off the Q and a rather than the chats Cool, thanks I think I think that's us Ladies and gentlemen One last question from someone. Am I able to bring my parents to New Zealand? Can I Still apply for any scholarship? I think we've covered that into scholarships. Uh, can you bring your parents to New Zealand? Uh, I'm not sure if you mean permanently or temporarily If it's temporarily then getting a visitor visa is usually pretty easy Unless you're coming from North Korea or certain countries Um, but if I wanted to permanently live here then then um, it's worthwhile you looking at the visa requirements Given their circumstances Great, thank you everyone. Thanks for the thanks for all the questions. We have 60 questions Which is pretty good. Pretty good. Uh, pretty good effort if you ask me um, so It's been great to connect with you. Great to hear your questions Key dates 17th of May for cohort aid applications the last confirmed cohort to EHF And then from the 18th of May to the first of June we're accepting late fee applications If you from hearing this if you think you're a good fit to the fellowship if you if it sounds interesting for you um, do more research and um, if you think it's a good fit encourage you to apply Uh, and if so look forward to learning more about you through the application process Thanks, everyone. Enjoy the rest of your day. Rest of your day. Stay safe. Ka kite anno