FAQs – Young Entrepreneurs International Bootcamp India
This exciting partnership is an initiative of the NSW Government to promote entrepreneurship between NSW and India’s dynamic and fast-developing technology markets.
1.Who is eligible?
You must be a startup based in NSW, with an ABN registered in NSW.
You must have a completed proof of concept and detailed pitch deck.
You must have a solution or product that is scalable globally.
You must hold the IP or the rights to commercialise.
You must have a current passport and eligible for visa procurement.
2.Do I need to have a registered company with an ABN?
Yes, you must have an ABN registered in NSW.
3. Can my business be based outside NSW?
No, your business MUST be based in NSW.
4. Can seed funding include self-funded?
5. What costs are there for me?
Successful participants will be needing to cover the following costs:
- Travel insurance (proof of coverage will be required before departure)
- Passport / Visa fees
- Personal meals /beverages (daily breakfast at hotels are included)
- Items of a personal nature
- Still and Video camera fees at monuments and sites which can be paid on the spot as required
- Personal expenses ie drinks, laundry, telephone calls, portage, shopping
- Extra-circular activities outside of the program
6.How young do I have to be?
Age is a state of mind. Your venture needs to be young – under three years old.
7. Visa, Passports, and Smartraveller registration
Australian citizens traveling to India will need a visa, which must be arranged prior to arrival. An Electronic Visa (e-Visa) is available for online application prior to arrival in India. The e-Visa is available to eligible Australians for tourism, business and/or medical related travel for up to 60 days. An e-Visa may only be used a maximum of two times in a calendar year.
You will need to get your e-Visa at least four days before arriving in India. You will need to carry a printed copy of the email confirmation of your e-Visa and a formal visa will be affixed to your passport on arrival in India.
Please check the Smart Traveller website and the Indian Government visa website for the most up to-date information.
The Indian Government Visa Website is available here. Please note that there are a number of unscrupulous websites offering quick visas which should not be used.
Please note that the e-Visa is only valid for entry through 25 designated airports in India, including Delhi and Mumbai. If you are planning to enter through a different airport or entry point please check the visa website for further information. If you are not an Australian citizen, it will be your responsibility to ensure that you have the appropriate visa. Any costs associated with entry to India will be covered by you.
8. Is the trip accessible to people with restricted mobility or other special requirements?
Please contact SSE to discuss any accessibility requirements.
9. What if I don’t like Indian food?
India’s diverse cuisine and food culture along with the easy avaiblility of international foods and ingredients, makes it extremely easy to cater to all kinds of dietary requirements. Mumbai and Bengaluru are international cities catering for all taste palates. It is common place to see and have access to all the large multi-national food chains. Hotels will also have ‘western’ foods available in the onsite restaurant.
10. How do you define a startup?
A company or venture under three years old with a scalable business model.
11. Do I have to legally register my IP?
While you do not have to legally register the IP (as the costs can be prohibitive) by applying to this bootcamp you are confirming that your idea/business solution is an original and your sole idea.
12. Can I opt for a single room?
Yes, this can be arranged at an extra cost, paid directly to the travel company that SSE will be using. The approximate additional cost is AUD $1,200.00 per person.
13. Why India?
This program is part of a $1.6 million NSW Government policy initiative to grow jobs in NSW by building entrepreneurship ties between NSW and India. The aim is to foster NSW businesses to expand into and trade in India’s fast-growing markets.