Type of Funding
The Edmund Hillary Fellowship (EHF) is inviting high-impact entrepreneurs, investors, changemakers and startup leaders from across the globe to go to New Zealand and use it as a base for their purpose-driven ventures that solve humanity’s greatest challenges. EHF helps New Zealand access the world’s best talent and capital to lead in innovation and Fellows have exclusive access to NZ Government’s Global Impact Visa, with a path for permanent residency. Fellows will be based in Aotearoa, New Zealand. EHF is inviting applications for Cohort 6.
A limited number of scholarships are being offered to international entrepreneur applicants, to subsidise the application fee.
EHF accepts a new cohort of up to 60 Fellows every 6 months, with a diverse mix of international and New Zealand-based entrepreneurs, investors, and startup teams. EHF provides entrepreneurs with a platform to leverage New Zealand’s unique advantages and to help build, incubate and scale global ventures. The EHF programme includes regular retreats, demo days, learning opportunities and settlement support for entrepreneurs and their immediate family in New Zealand. Participation in EHF involves leading or contributing towards the development of solutions to global problems from Aotearoa New Zealand, while actively engaging with members of the EHF community, the New Zealand innovation ecosystem, and our wider global networks.
Candidates can opt to apply as an entrepreneur or as an investor.
Fellows receive individualised support and access to a global network of investors, mentors, partners, and innovation hubs, to help maximise their impact. They will be connected with top talent, accelerators, centres of research excellence, and Research and Development grants.
The scholarship for international entrepreneurs covers US$200 for the early bird application fee or the regular application fee, as well as US$750 for the acceptance fee. Scholarship decisions are based purely on financial need.
Fellows who are highly proficient in English, possess good character and health, and have sufficient maintenance funds or the ability to earn income ($36,000 NZD) to support themselves and their dependents in New Zealand for the first year, are eligible to receive the Global Impact Visas (GIVs), which is a new 3-year, flexible work visa for New Zealand with a path to permanent residency. There is no minimum requirement for days spent in New Zealand under the GIV scheme, as it is designed for high-impact global citizens who work across borders and who wish to make New Zealand a main base.
Entrepreneurs, investors and changemakers at all stages of their careers working on positive global impact solutions are eligible. Candidates may be of all ages, genders, industries, ethnicities, stages of venture development, and countries of citizenship. Applicants would be selected based on their entrepreneurial capabilities, track record of executing on ideas, values alignment, exhibited potential to create positive local and global impact, investment record (if applicable), and connection to New Zealand.
The EHF is looking for individuals who:
- Have a bold vision to address systemic challenges in society and create positive impact in New Zealand and the world
- Demonstrate the drive and capability to deliver on their vision
- Can build valuable long-term connections with New Zealand and leverage New Zealand’s unique advantages to innovate
- Can actively and positively contribute to the EHF community and wider New Zealand startup ecosystem, and exhibit a desire and sufficient potential to continue contributing over 10-20 years
- Will be good ambassadors for NZ and embody and demonstrate EHF values, which include boldness, interconnectedness, excellence, global impact, authenticity, stewardship and humility.
Those who are applying as entrepreneurs should be individuals whose primary focus in NZ is building a venture from the ground up here, or if they are moving an existing venture to NZ, or if they are changemakers who are catalysing systemic changes in their fields. Co-founders of a venture can apply together as a team.
Those who are applying as investors should be individuals whose primary focus in NZ is investing in high impact initiatives, or if they are established entrepreneurs who have achieved a level of success in their career and their main way of contributing to NZ is through supporting others rather than building new ventures from the ground up in NZ, or moving existing ventures to NZ.
Applications for scholarships for the application fee are to be done online by 28 July 2019. Early-bird applications to get a discount on the application fee are to be done online by 4 August 2019. Regular applications for the Edmund Hillary Fellowship are to be done online by 1 September 2019.