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Overview

At SpinTel, we recognise the importance of empowering emerging entrepreneurs, so we are offering the Entrepreneur Grant to help support Australian students who are pursuing business education. By providing a helping hand to budding entrepreneurs, SpinTel hopes to create opportunities for students who are passionate about making a difference in the world through innovative and disruptive businesses.

The Grant

The value of this grant is AUD $5,000 (total amount). The amount is paid as a one-off payment to the winner.

Availability

This grant is offered annually.

Entries to the 2024 grant open on 8 April 2024 and close 17 June 2024.

Eligibility criteria

To be eligible to enter, you must be:

  • an Australian citizen or permanent resident
  • enrolled full-time and studying for a diploma, degree or traineeship at an accredited Australian Tertiary Education Institution*  in any of the following areas:
  • Business
  • Marketing
  • Finance
  • Economics
  • Communications

*As proof of your enrolment in a relevant field, one of the following must be provided:

Option One

A letter from your educational institution’s student affairs or admissions office stating that you are enrolled as a student for a time period that includes the year 2024. This letter must:

  • be on the educational institution's letterhead
  • display the institution's seal or logo
  • contain a signature and phone number of a representative from the admissions office

Option Two

Proof that you have accepted an offer to attend an accredited college or university for a semester/grading period starting on or before 11 March 2024. You must include proof of the offer made to you by the relevant institution along with proof that you have accepted the offer. The offer letter must:

  • be on the educational institution's letterhead
  • display the institution's seal or logo
  • contain a signature and phone number of a representative from the admissions office

Option Three

A transcript or course list showing the courses you are enrolled in, and the diploma, degree or traineeship you are enrolled in. A transcript in .txt format is NOT acceptable. A transcript marked ‘Unofficial Transcript’ will suffice from most institutions.

All documents must clearly show your name, and the name and address of the issuing institution.
  1. Entry is open to citizens or permanent residents of Australia aged 18 and older at the date they submit their entry, who have fulfilled these terms and conditions in their entirety.
  2. Employees and immediate family members of employees including the spouse, de facto spouse, parent, guardian, child or sibling of SpinTel are not eligible to apply for the grant.

The Challenge

Applicants who wish to be considered for the SpinTel Entrepreneur Grant are to submit:

Written essay

A short written essay (maximum 500 words) on 'Why you consider yourself a budding entrepreneur, and what impact you hope to make in your field during your career'.

  • The essay will be judged on the following:
  • Clarity of expression
  • The level of innovative thinking brought to the essay
  • Grammatical features, such as structure, syntax and vocabulary.

Short statement

Each applicant is also required to submit a short written statement (maximum 300 words) explaining why they believe they deserve to win the grant.

  • For example, financial assistance, strong academic transcript, or other reason.
  • Personal statements will also be considered as part of the judging criteria.

We are looking for submissions that reflect a real desire to better yourself and/or achieve personal growth. It doesn't have to be great prose, just honest and informative.

How to Enter

Eligible Entrants must submit their entry during the Entry Period by submitting their application by email to entrepreneur-grant@spintel.net.au

Entries must include:

  • Email submission with PDF attchments
  • Any/all evidence of planned activity(s) for which you're seeking the grant
  • Your response to "The Challenge"

Any entries to this Grant must be the entrant's original work. If an entry is found to be plagiarised or Generative Pre-Trained, in part or wholly, it will be disqualified from the SpinTel Entrepreneur Grant.

Selection Process

The winner of the SpinTel Entrepreneur Grant will be selected and awarded by a panel of judges from the SpinTel team on the basis of the entry that best answers The Challenge.

The panel for the 2024 grant will convene from 1 July 2024.

Notification

Due to the high number of applications, the winner will be notified on the 31st of July.

See full Terms and Conditions.

Supporting Budding Australian Entrepreneurs - SpinTel's Mission

At SpinTel, we’re committed to supporting the technology and business sectors in any way we can, and to help students develop their skills in these sectors. We explored new ways to help students outside of the telecommunications sector and decided that supporting the education of Australian entrepreneurs is a worthy cause. That's why we're proud to offer the SpinTel Entrepreneur Grant in 2024.

Entering the business-related tertiary education sphere can be overwhelming, which is why SpinTel decided to offer a grant for budding entrepreneurs in Australia. We believe that this small act of support can go a long way in creating innovative and disruptive businesses in the future.

That's why we're proudly offering the SpinTel Entrepreneur Grant.

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