Melbourne, Australia:
Global fintech Airwallex has launched into a pivotal partnership with the University of Melbourne, which can assist construct the following era of Australian tech leaders.
With a complete funding from Airwallex of greater than A$3 million, the partnership is aimed toward growing entry, publicity and profession alternatives for know-how college students, and in flip, rising the pool of future tech expertise in Australia.
The partnership will run over the following three years (2022 – 2025), and builds on Airwallex’s long-term relationship with the University, which is the place the 4 Airwallex co-founders first met.
University of Melbourne’s Engineering and Information Technology college students will probably be thought-about for a variety of alternatives throughout a number of applications, together with:
- Airwallex Excellence in Technology Scholarships:42 monetary scholarships, valued at up to A$15,000 every year, will probably be provided throughout the three yearsfor gifted and promising college students in Bachelor or Masters applications. Scholarship recipients will probably be given precedence consideration for internships at Airwallex.
- The Opportunity Fund: For college students experiencing monetary hardship, this fund will present one-off paymentsfor up to 100 college students to assist their research, and is accessible all through 2022 and 2023 to each home and worldwide college students.
- Student Enrichment Plan: A sequence of particular activations, awards and amenities to foster innovationamongst college students and alumni. This will embody hackathons, visitor lectures and talks from Airwallex leaders at key University occasions such because the Endeavour Exhibition, which Airwallex has been concerned with since 2019.
- Future Idea Fund: A plethora of initiatives to enhance entry and publicity to coaching and careers in know-how.
Airwallex and University of Melbourne employees and college students may even have the chance to co-locate within the Melbourne Connect innovation precinct. Located in Parkville, Melbourne Connect brings collectively world-class researchers, trade leaders, start-ups, authorities representatives and college students searching for to leverage analysis and rising applied sciences to disrupt and rework society. As a nod to the founders who had been working a restaurant in Melbourne’s CBD once they began exploring concepts that may turn into Airwallex, the corporate will present free espresso at Melbourne Connect for college kids by the partnership.
The partnership between Airwallex and the University of Melbourne will increase alternatives accessible for college kids, and in flip, develop the pool of future tech expertise in Australia. This initiative comes at a time when the tech expertise scarcity continues to influence Australian companies. The Tech Council of Australia has forecasted that Australia will want 653,000 further folks in tech jobs by 2030 to gasoline the nation’s financial development1.
Airwallex Co-founder, CEO, and University of Melbourne alum Jack Zhang, mentioned, “Since our inception, Airwallex has strived to create alternatives for exponential profession development and growth. Our partnership with the University of Melbourne marks a major step-change in our contribution to constructing the tech leaders of tomorrow. It’s an honour and a privilege to be ready to give again to the neighborhood that is been an element of the Airwallex story from day one.
“Airwallex was based by wanting past what’s potential, and we would like to empower college students to do the identical. Whether by scholarships or grants, Airwallex visitor lectures or occasions, our partnership goals to drive innovation and supply significant assist to the following era of know-how professionals and leaders.
“We understand deeply the tech talent challenges facing businesses today. By providing students with opportunities and support from inside the sector, this partnership aims to grow the local talent pool and ultimately, strengthen Australia’s tech and startup ecosystem. I look forward to seeing the next generation of Australian tech leaders, entrepreneurs and innovators benefit from this partnership and make their mark in the world.”
Dean of the University’s Faculty of Engineering and Information Technology Professor Mark Cassidy mentioned the University was delighted with the brand new partnership.
“It is very exciting to see alumni, such as Jack and his co-founders, achieve such success with their own business and be able to give back so generously to the next generation of technology professionals and Australia’s broader tech sector,” Professor Cassidy mentioned.
“The Airwallex scholarship and opportunity programs will make a real difference to our students’ ability to focus and continue with their studies each year, while the enrichment and idea programs will equip our students with the knowledge and mindset to become leaders in the workforce.”
“This partnership exemplifies the University of Melbourne’s commitment to collaboration as a means of nurturing innovation. Bringing together world-class researchers and educators, industry and students, we cancreate an environment where great minds connect and incredible futures emerge.”
“The Tech Council of Australia welcomes this exciting new partnership that will ensure more students gain crucial skills that will allow them better access to great Australian tech jobs. This partnership is a great example of the power of collaboration and how organisations can work together to improve and create new pathways to attract more students to consider and take up a career in tech,” mentioned Tech Council of Australia CEO, Kate Pounder.
About Airwallex
Airwallex is the main monetary know-how platform for contemporary companies rising past borders. With one of the world’s strongest funds and banking infrastructure, our know-how empowers companies of all sizes to settle for funds, transfer cash globally, and simplify their monetary operations, multi function single platform. Established in 2015 in Melbourne, our function is to join entrepreneurs, business builders, makers and creators with alternatives in each nook of the world. Today, Airwallex has a worldwide footprint throughout Asia-Pacific, Europe, and North America. Find out extra at www.airwallex.com.
1Referenced from Getting to 1.2 million jobs – Our roadmap to create a thriving Australian tech workforce, launched by the Tech Council of Australia in August 2022
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