Jacaranda Finance Scholarship For Entrepreneurs

To give back to the community, Jacaranda Finance offers an annual scholarship worth $10,000 AUD to an Australian-based student and entrepreneur. Continue reading for more information regarding this opportunity.

Overview of Grant

As a leading alternative lender, Jacaranda Finance has established a key stake in the Australian consumer fintech market. Through utilising bespoke purpose-built in-house technology, Jacaranda is disrupting the traditional finance sector to create a seamless and trustworthy business-to-consumer connection with consumers that have been neglected by traditional financiers.

Jacaranda Finance has established its solid foundation within the fintech sector through the power of innovation; and, as a growing company, they are continually inspired by rising stars within the business and entrepreneurship sector. Jacaranda’s passion for helping others reaches further than alternative lending; they thrive on supporting those who are already making waves in their respective fields through technology-based innovation. As such, Jacaranda has set their sights on supporting the next generation of Australian entrepreneurs.

The Award:
The monetary grant has a total value of $10,000 AUD. This value is deposited as a single lump payment to the chosen winner on confirmation of winner’s details.

Availability:
The Jacaranda Finance Scholarship for Entrepreneurs is open to all eligible students currently enrolled in an Australian University or TAFE Course. One (1) monetary grant is offered on an annual basis to one (1) eligible student, with applications open until 11:59pm on March 31st, 2022.

Field of Study:
Eligible students must be currently studying a certification, undergraduate or Master’s degree in one of the following fields: Commerce, Business, Technology, Finance.

Scholarship Type:
Merit-based.


Availability:
The Jacaranda Finance Scholarship for Entrepreneurs is open to all eligible students currently enrolled in an Australian University or TAFE Course. One (1) monetary grant is offered on an annual basis to one (1) eligible student, with applications open until 11:59pm on March 31st, 2022.

Field of Study:
Eligible students must be currently studying a certification, undergraduate or Master’s degree in one of the following fields: Commerce, Business, Technology, Finance.

Scholarship Type:
Merit-based.


Am I eligible for a scholarship?

To meet the eligibility criteria for this grant, candidates must be:

  • Currently enrolled in an Australian University or TAFE Course in the field of Commerce, Business, Technology or Finance;
  • Currently operating their own business under a registered ABN (Australian Business Number);
  • A permanent Australian resident.

How To Apply

1
Write A Pitch Deck
Students must compose a pitch deck that details their business model and product offering, how technology is being utilised within their business model to improve traditional business operations, and how they plan on incorporating technological innovation to impact their business model in the future.
2
Submission
The pitch deck (along with the additional details below) must be submitted to scholarship@jacarandafinance.com.au by 11:59pm on March 31st, 2022.
3
We’ll Get In Touch!
Students are limited to one (1) application per scholarship (i.e. one (1) submission per year).
1
Write A Pitch Deck
Students must compose a pitch deck that details their business model and product offering, how technology is being utilised within their business model to improve traditional business operations, and how they plan on incorporating technological innovation to impact their business model in the future.
2
Submission
The pitch deck (along with the additional details below) must be submitted to scholarship@jacarandafinance.com.au by 11:59pm on March 31st, 2022.
3
We’ll Get In Touch!
Students are limited to one (1) application per scholarship (i.e. one (1) submission per year).

Along with submitting the pitch deck, students will also be required to provide the following information:

  • Proof of identification (driver’s license, birth certificate);
  • Proof of permanent residency within Australia (rent/lease agreement, utility bill, electoral enrolment document);
  • Proof of current enrolment status from the registered Australian University or TAFE Course, including the course name and tertiary institution name;
  • Proof of current study at institution (enrolment registration for classes for the specified semester or term dates)
  • Their registered business’s ABN.
  • Contact details, including residential address, email address and phone number;

Selection Criteria

Each application will be assessed based on the following selection criteria:

  • The clarity and cohesiveness of the written response;
  • The applicant’s comprehension of a current business problem, followed by how their technological approach will contribute to improving this issue;
  • The level of innovation demonstrated within either the business model or the product offered;
  • The applicant’s ability to articulate their chosen approach and how it will improve usage for customers.

Outcome

All submissions that are received will be reviewed by the Jacaranda Finance Scholarship Committee based on the above selection criteria. A shortlist containing the most well-regarded pitches/responses will be provided to Jacaranda Finance CEO, Daniel Wessells, who will then finalise the responses and select one winning applicant.

All applicants will be notified of the outcome via email once all submissions have been reviewed. The chosen applicant will be notified by phone call, and publicly announced via the Jacaranda Finance website and respective social media channels.

Any Questions? Email scholarship@jacarandafinance.com.au.