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No. You are not employed by Ignite Y and there is no salary. Your income depends on the business generating money.

No. Ignite Y provides access to a prepared business opportunity.

No. Previous business experience is not required. Ignite Y does not expect you to know everything at the beginning. You do need to be willing to learn, ask sensible questions, listen to feedback, try unfamiliar tasks and take responsibility for improving.

A Business-in-a-Box is a prepared commercial model containing the main information, processes and practical materials needed to help you start executing the business rather than inventing everything from scratch. It gives you a stronger starting point, but it does not run the business for you or guarantee success.

Experienced entrepreneurs often create more viable business opportunities than they have the time or capacity to develop themselves. Ignite Y gives them a way to put those opportunities into execution by matching them with motivated young founders who are prepared to take responsibility for building the business.

Potentially, yes. Both people would need to complete the selection process, demonstrate readiness, agree responsibilities and accept the commercial terms. Ignite Y would need to approve the arrangement.