COALAR Australia – Latin America Young Entrepreneur Award

The COALAR Board is launching the Young Entrepreneur Award to encourage and create an incentive for young, creative and motivated entrepreneurs to deepen Australia Latin America relations. The Award aims to inspire those with existing links to expand their operations, and those without ties to instigate a project or other activity.

The Australia - Latin America Young Entrepreneur Award will consist of two annual awards – one to a young Australian and one to a young Latin American entrepreneur. The awards will 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 (an annual contribution of $10,000 for the next three years). Air New Zealand is providing the return flights to the location/event in Australia where the awards will be conferred in 2017.

Australian Technology Network logo
Air New Zealand logo

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 and recent years have seen 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 through ministerial visits as well as collaboration in international forums such as the G20, APEC and the Trans-Pacific Partnership. However, there is still considerable work to do to educate Australians and Latin Americans about the rapid growth and potential of our relationship.

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 the services sector, 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 the G20, APEC, the Trans-Pacific Partnership, and—through Australia's observership—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 achievements publicly, generate interest in opportunities between Australia and Latin America and promote the benefits of closer ties between the two.

Eligibility

To be eligible, applicants must:

  • demonstrate they have built or contributed to building an organisation that enriches the relationship between Latin America and Australia;
  • have created products or delivered services that improve the lives of Australians and Latin Americans or that add to our shared cultural, economic, environmental, technological or academic prosperity;
  • 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); and
  • 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 the following:

Applications for 2017 are now closed.

Including:

  • A supporting statement (1 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 midnight Thursday 1st December 2016 and must be received by midday Australian Eastern Standard Time on the closing date 20th January 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 email of the outcome of their application.

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: 17 March 2017