Background

The Australian business startup sector has the potential to contribute $109 billion or 4% of GDP to the Australian economy and 540,000 jobs by 2033 with a concerted effort from entrepreneurs, educators, the government and corporate Australia.

According to Price Waterhouse Cooper's report in 2013, a number of cultural change is need to to achieve the industry's potential contribution to the Australia economy. These include:

  • increase participation in the sector
  • mentorship
  • more early stage funding
  • increase the number of people interested in entrepreneurship

Consequently, the Bizify's Startup Future Sponsorship aims to support the growth of startups. It is an award offered to students currently enrolled in Business Accounting and/or Computer Science tertiary education courses and are interested. The scholarship is designed to help students who are passionate about making a difference in the startup world to further their skill, gain priceless industry knowledge and promote their work.

The Challenge

To apply, you will need to provide the following

  • Your Business/Startup Idea.
  • A detailed description of the real-life problem which you are trying to solve and how your idea solves it.
  • A completed business model generation canvas (see http://www.businessmodelgeneration.com/)
  • What action you've taken to start the business.

Terms and Conditions

  • All applicants must be enrolled full-time in an accredited Australian tertiary education institution.
  • The scholarship is open to bachelor or master level students studying business, accounting.
  • Application Period: 30 September to 31 December 2016.
  • Award winner will be notified in writing on or before 31 January 2017.
  • Applicants must have the intention to start the business within the next 6 month.

Recipients of scholarship will receive...

  • AUD $1,000 grant to be used as capital for your business startup or assist you to understand the problem you are trying to solve or further your education.

  • AUD $1,000 in value of professional advice on how to start and grow your business startup.

  • AUD $1,000 in value of business/ company registration costs to kick start your business startup.

  • AUD $1,000 in value of marketing and/or IT/website costs to develop your business startup.

  • Your idea prominently featured in a Press Release and through the Bizify website and social media profiles.

How to apply

To apply for the scholarship, email the following
to scholarship@bizify.com.au

  • Personal Details

    Personal Details

    Including your full name, gender and date of birth.

  • Study

    Study

    Name of your tertiary institution, the degree and majors.

  • Contact Details

    Contact Details

    Including your mobile number, email and postal address.

  • Challenge Details

    Challenge Details

    See the details under "The Challenge"

Scholarship commitee

Meet the members of The Bizify Startup Future Scholarship Committee who will judge all entries submitted compliant with the above terms. Their decision on the winning submission will be final.

  • Carlos Parra

    Carlos Parra

    Content Marketing Editor

  • Umar Batchelor

    Umar Batchelor

    Founding Director

  • Jennifer Pagalan

    Jennifer Pagalan

    Customer Advocate