As reported in today’s Australian Financial Review, consulting firm PwC has recognised the STELR Program as one of the best STEM Education programs in Australia, awarding it a place in their $2.5 million 21st Century Minds Accelerator Program.
120 STEM initiatives applied to be part of the program and 20 were chosen to receive mentoring and in-kind support from PwC and other sponsors, with the aim to grow and scale-up their businesses.
“The quantity and quality of applications received proves overwhelming that, not only is there a need for support to get STEM education initiatives off the ground, but that there is depth of innovative talent out there. The business community just needs to nurture and support that talent,” PwC Managing Partner Tony Peake said.
Support for the 20 finalists in 2016 includes:
- Potential to share in $400,000 of PwC services during the acceleration phase;
- A small, dedicated mentor team during 2016 from PwC and our collaborators
- fully funded position in an accelerator program from one of the program’s accelerator providers: Education Changemakers, Foundation for Young Australians, Impact Academy or Social Traders; and
- The opportunity to pitch to potential investors and funders in November 2016.
STELR was judged to be one of the best applicants. Of the range of support models available, STELR was one of two programs selected for the Impact Academy Accelerator program. This is a 20-week program supporting startup and early-stage entrepreneurs to achieve sustainable and scalable impact.
As a not-for-profit organisation, ATSE is particularly grateful for the opportunity to access the skills, business support and mentoring provided by the 21st Century Minds Accelerator Program and we look forward to sharing the results of the program with STELR schools over the course of the 2016.