The Young Entrepreneur Of The Year award will go to a young person who has developed and demonstrated their entrepreneurial skills to bring their business idea to life in a scalable way.
A young entrepreneur is someone with the ability to identify new business opportunities and act on these opportunities to bring a business venture to life while still in school. They are often driven by a desire to solve a problem or meet an unmet need in the market. They might develop a new product or service, or find a way to improve an existing one.
Young entrepreneurs are inspired by all the exciting opportunities available to them, driven by a desire to bring their ideas to life, and a willingness to take risks to build, launch, and grow their business. They must be able to adapt to changing circumstances in their business, overcome obstacles, and access opportunities to develop their business further. A great young entrepreneur must also be able to pitch their ideas, sell their product or service to customers, and build a team of employees, mentors, or supporters to assist them along their journey.
If you are a driven young person who is working to bring their business to life while still in school, this is the category for you!
Nominations Open On The 15th Of April 2024
To nominate for the Young Entrepreneur Of The Year award category, you will be asked to provide answers to the following questions in 800 characters or less per question:
What motivated you to start your business, and what does your business do?
What challenges have you faced while building your business, and how have you overcome them?
What sets your business apart from others? What has your business achieved so far?
What are your short-term and long-term goals for your business, and how do you plan to achieve them?
How have you balanced your entrepreneurial pursuits with your academic and personal commitments?
Is there anything else you wish to share?
To be able to nominate for the Young Entrepreneur Of The Year award category, you must meet the following eligibility criteria:
Must live in Australia
Must be a student in year 4 to year 12 in 2024
Must have the approval of a parent or guardian to nominate
Nominations Close On The 15th Of July 2024
All nominations for the Young Entrepreneur Of The Year award category will be judged by a panel of entrepreneurial innovators using the following criteria. Each criterion is weighted equally:
How has this young person worked to develop their entrepreneurial skills? Has this young person worked to refine their skills and access opportunities for skill development?
Application & Implementation
How has this young person worked to bring their business ideas to life? Do they have a business that is generating revenue and demonstrating growth?
Passion & Drive
Has this young person demonstrated a passion for their work and their business? How has this young person shown resilience along their journey?
Has this young person demonstrated a desire to continue on their entrepreneurial pathway? Where do they hope to go next and do they have a clear path to get there?
Become Australia's Next Young Entrepreneur Of The Year!
Meet Our 2023 Finalists:
In 2023 we had some outstanding nominations come through for the Young Entrepreneur Of The Year award category and our judging panel was able to select three finalists for our National award and three finalists for our West Australian award.
Click on their tiles to find out more about them and the projects that they are leading!
If this award category sounds like you, we would absolutely love to see your nomination! Nominations are open to all students in Grades 4-12 in Australia in 2024. You are able to nominate yourself or someone you know for this award.
If you're not sure whether or not this is the category for you, nominate anyway as you never know, you could be Australia's next Young Entrepreneur Of The Year!
Nominations open on the 15th of April 2024 and will close on the 15th of July 2024.
The Young Entrepreneur Of The Year Award is just one of the six awards up for grabs as part of the Next Gen Awards in 2024.
To see what other categories are open for nomination, click the button below: