COALAR Australia – Latin America Young Entrepreneur Award

The Council on Australia Latin America Relation's mission is to enhance Australia's economic, political and social relations with Latin America. Great strides have been made towards this end. In recent years, there has been a deepening of the commercial, environmental, academic and cultural relationship. Australian Governments have followed the lead of Australian business by increasing our bilateral and multilateral engagement with Latin America, including through ministerial visits and collaboration in international forums such as APEC, the G20, and the OECD. However, there is still considerable work to do to raise awareness in Australian and Latin American about the rapid growth and potential of our relationship.

The COALAR Board established the Young Entrepreneur Award to provide an incentive for young, creative and motivated entrepreneurs to deepen Australia Latin America relations. The Award aims to inspire those with existing business and commercial links to expand their operations, and those who are establishing links to further business/commercial activities.

The Australia - Latin America Young Entrepreneur Award consists of two annual awards – one to a young Australian and one to a young Latin American entrepreneur. The awards comprise a cash prize of $5,000 each plus travel and accommodation expenses to a location in Australia to receive their award and have their entrepreneurial achievement profiled. Opportunities will also be provided for networking and linkages to support expansion of their enterprise/activity.

The Australian Technology Network is sponsoring the $5,000 cash prize for each of the successful candidates. Air New Zealand will provide a return flight to Australia for the Latin American Young Entrepreneur.

Australian Technology Network logo
Air New Zealand logo

The Council on Australia Latin America Relations (COALAR) is pleased to announce the opening of the 2018 award for two young entrepreneurs whose efforts have contributed to building Australia-Latin America relations.

Two awards will be given – one to a young Australian and one to a young Latin American entrepreneur.

With the support of the generous sponsorship of the Australian Technology Network and Air New Zealand, the awards consists of a cash prize of $5,000 for each selected entrepreneur plus travel and accommodation expenses to a location in Australia to receive their award and have their entrepreneurial achievement profiled. Opportunities will also be provided for networking and linkages to support expansion of their enterprise/activity.

Purpose

Australia's relationship with Latin America continues to grow. Historic numbers of Latin American and Australian tourists and students cross the Pacific each year. Some of Australia's and Latin America's best-known companies have established themselves on both continents, principally in extractive industries, agribusiness and services, but with a growing presence in other sectors. Commercial, environmental, academic and cultural opportunities beyond our regions are also emerging as Australian and Latin American businesses cooperate to meet the demand of the broader Indo-Pacific region. Our Governments increasingly meet and coalesce in international forums such as APEC, the G20, the OECD and through Australia's commencement of FTA negotiations with Peru and the Pacific Alliance (Chile, Colombia, Mexico and Peru).

As the Australia-Latin America relationship has grown, so too has the number of young, creative and motivated entrepreneurs taking advantage of the opportunities it creates. The Awards are intended to encourage these entrepreneurs, recognise their business/commercial achievements publicly and their links between Australia and Latin America.

Eligibility

To be eligible, entrepeneurs must:

  • demonstrate they have built or contributed to building an organisation that enriches the relationship between Latin America and Australia;
  • be Australian or Latin American (please note: priority will be given to Australian and Latin American nationals but consideration will also be given to applicants who can demonstrate strong and significant personal or cultural connection to either place);
  • be under the age of 40;
  • be endorsed by two of their peers (i.e. work colleagues or associates who can endorse the applicants' claims);
  • consent to the collection, use and disclosure of their personal information in so far as it pertains to the award for promotion and publicity purposes.

Application

To apply, applicants must submit an application form in Smartygrants

Including:

  • A 1 to 2 page pitch, comprising a supporting statement outlining the products you have created or the services you have delivered that improve the lives of Australians and Latin Americans or that add to our shared cultural, economic, environmental, technological or academic prosperity. - Your 1 to 2 page pitch is a chance to tell the COALAR Board why you are the right person for the award. The Board wants to know why you should be the Young Entrepreneur awardee, what your business/organisation has achieved, and what you can offer in support of Australia- Latin American relations. In a nutshell – why should the board pick you? You have a word limit to complete your pitch (2 page maximum, 12 point font, single spaced)
  • Current Curriculum Vitae (no more than 3 pages)
  • Signed letters of nomination from two peers

Applicants should submit their completed applications using the online application form in SmartyGrants

Applications will open as of midday Australian Eastern Standard Time Monday 13 November and must be received by midday Australian Eastern Standard Time on the closing date Thursday 21 December 2017.

Selection

The COALAR Secretariat will consider applications and select a short-list of candidates. These will be presented to a Selection Committee comprised of COALAR Board Members and Young Entrepreneur Award sponsors for consideration and awardee selection.

All applicants will be advised by SmartyGrants email of the outcome of their application once the board has completed selection.

Applicants must provide consent to the use and disclosure of their personal information in so far as it pertains to the award for promotion and publicity purposes.

The timing of the travel and the location for conferral of the successful Awardees will be subject to negotiation with the Awardees and the Young Entrepreneur Award Sponsors.


Last Updated: 13 November 2017