5 Reasons Why The University of Melbourne Students Should Apply for EWOR

What do Google, Snapchat, and FedEx all have in common? They were all started by university students with an idea – and the drive to build something bigger than themselves.

That same entrepreneurial energy exists on campuses like The University of Melbourne, where bright minds are solving tough problems, pushing boundaries in research, and testing ideas that could shape the future. If you’re already thinking beyond the classroom – building a product, exploring a concept, or wondering what it would take to make it real – EWOR might be precisely what you need.

We’re a founder-first ecosystem designed to support people with the drive to build. Whether you're still studying or already working on your first venture, EWOR offers flexible support, access to unicorn builders, experienced mentors, and funding opportunities to help you go further, faster – on your terms.

Here are five reasons why The University of Melbourne students – and aspiring founders connected to its community – should consider applying for an EWOR fellowship.

1. Access Mentorship from Global Entrepreneurs

Top students at The University of Melbourne often benefit from academic mentorship and interdisciplinary collaboration – whether through business, engineering, or design faculties. These environments foster innovative thinking and encourage the development of early-stage ideas.

The University of Melbourne cultivates a strong culture of entrepreneurial and research-based innovation among its students. Through initiatives like the Melbourne Entrepreneurial Centre, students gain access to vital support and resources. Programs such as the Melbourne Accelerator Program (MAP), Australia's oldest university-backed accelerator, provide significant funding, mentorship, and workspace for promising student-led ventures. MAP's Velocity program specifically assists earlier-stage founders with idea validation and customer discovery. Furthermore, the University of Melbourne Genesis Pre-Seed Fund offers financial investment and expertise to help students and researchers commercialise early-stage ideas and research into viable startups. These programs are instrumental in translating student innovation into tangible impact.

EWOR builds on that foundation by connecting founders to mentors who’ve actually built and scaled companies. From unicorn founders to early-stage investors, our mentors offer 1:1 support tailored to your journey – whether you're refining your go-to-market, navigating early hires, or preparing for your first raise. And, because our mentors work hard to personally know your context, they’re better equipped to give actionable feedback, intros, and hands-on perspectives you won’t find in a one-size-fits-all model.

This kind of bespoke real-world guidance bridges the gap between classroom learning and startup execution – helping you move faster and make smarter decisions from day one.

2. Access to Funding and Investment Opportunities

For early-stage founders, access to capital can be the difference between an idea that stays on paper and one that gets built. Yet, funding opportunities aren’t always clear or accessible – especially if you're just starting out.

Securing funding can be a hurdle for University of Melbourne students with startup ambitions. While the university offers support, tapping into external venture capital or angel investment remains challenging for many startups, with some finding it particularly tough. The investment landscape itself may not always fully grasp the unique funding needs of student ventures. Additionally, navigating potential loan-based funding programs could add to existing student debt. There's also a notable disparity, with female-only founding teams often receiving less funding compared to their male counterparts. Balancing the demands of building a business with academic commitments presents another significant challenge.

EWOR provides up to €500,000 in early-stage funding for selected fellows, with a capped valuation that favours founders. But funding is just the surface. Unlike traditional VCs who bring capital but little time, or angels who offer scattered advice, EWOR acts more like a co-founder – pairing capital with hands-on guidance and long-term alignment.

Our network includes hundreds of active European investors, and we help founders prepare for conversations that matter – from building the right narrative to structuring smart deals. In fact, EWOR fellows go on to raise an average of €1 to €11 million within six months of their fellowship— not by chance, but by design.

3. No Traction Needed. No Industry Limits.

Unlike many other programmes, you don’t need traction, a co-founder, or a pitch deck to apply to EWOR. And you definitely don’t need to be building in a specific industry. We support early-stage founders – including students – who are serious about solving real problems, even if they’re just starting out.

In fact, we’re idea-agnostic. Whether you’re exploring a solution in AI, education, energy, health tech, finance, or sustainability – or still figuring out what you want to build – we focus on your potential, not your polish. Because real impact starts with mindset, not perfection.

That’s why we’ve backed founders across a wide range of industries – from Jørgen Tveit, who’s building a next-gen underwater flywheel for energy storage, to Rihab Lajmi, who’s developing a conversational AI recruiter, and Faris Fakhry, who’s leading the creation of a new fission test reactor. Different industries, different ideas, but the same potential to make a real-world difference.

As a student, you may not have a company yet, but you might have the founder mindset, and that’s exactly where EWOR comes in. We don’t just offer community – we provide structure. Through a clear development path that includes ideation, prototyping, and investor readiness, our fellowships help turn early ambition into real momentum. And because you’re building alongside peers at a similar stage, you’ll benefit from shared accountability, feedback, and support – without having to figure it all out alone.

4. Become Part of Something Bigger

The University of Melbourne has long been a launchpad for innovation. Whether it’s through research labs, startup competitions, or entrepreneurial student societies, it’s a place where ambitious individuals test ideas, build early projects, and push the boundaries of what’s possible.

EWOR amplifies that momentum. As a fellow, you're surrounded by a global network of high-performing peers – deep-tech PhDs, top-tier athletes, former Tesla engineers, and repeat founders. It’s not just a community – it’s a culture where ambition is expected, and progress is contagious. As EWOR mentor, Olaf Schmitz put it,

“This is not just a community – it’s a movement towards sustainable and transformative change... The courage and creativity displayed by each new entrepreneur reaffirms my belief that our collective efforts can forge a better tomorrow.”

At the University of Melbourne, bringing together students from diverse fields like engineering, business, and design sparks the kind of creative collisions essential for successful startups. This cross-faculty collaboration, often happening within spaces like Melbourne Connect and through programs like BioDesign Innovation, allows students to approach challenges from multiple angles. Engineers might develop the technology, business students craft the model, and design students ensure user experience, leading to more robust and market-ready ideas. This exposure to different perspectives and skill sets not only fosters real-world innovation but also equips students with the collaborative mindset and practical skills needed to navigate the complexities of the entrepreneurial landscape.

If you’re already leading projects or exploring startup ideas at The University of Melbourne, EWOR gives you the structure, accountability, and global network to take your next step. It’s an ecosystem for students who want to build beyond the campus – and be part of something that doesn’t stop at graduation.

5. Join a Prestigious Global Network of Entrepreneurs

Being part of EWOR means joining an exclusive, global network of high-achieving individuals who are building at the highest level. With an acceptance rate below 0.1%, the fellowship is highly selective – ensuring each founder receives focused, tailored support to move fast and build with confidence.

That kind of environment might sound intense – but if you’re thriving at The University of Melbourne, you’re likely already operating at that level. Students here are used to high-performance settings – whether through rigorous academics, cutting-edge research, or leading ambitious projects within entrepreneurial societies. Many are already working on ideas with real potential but lack the global network or structure to take them further.

Top students at the University of Melbourne thrive in a demanding environment, accustomed to the rigours of high-quality research, challenging academics, and impactful student-led initiatives. This foundation in high performance makes joining a selective global network like EWOR a logical progression. EWOR offers a community of equally ambitious peers and proven entrepreneurs, providing the real-world startup support and global connections needed to translate their potential into tangible ventures beyond the academic setting. It's a natural next step for those ready to build and scale on an international stage.

EWOR fills that gap. It’s not just a programme that is over in a matter of months – it’s a long-term community of builders, thinkers, and operators committed to solving problems. Surrounded by people who match your ambition and pace, you’ll gain the peer support, accountability, and exposure needed to grow beyond the university setting – and build something that lasts.

That’s a Wrap

As a student at The University of Melbourne, you already operate in a high-performance environment – surrounded by brilliant minds, breakthrough ideas, and bold ambitions. But if you’re serious about turning that momentum into something bigger, it takes more than just potential. It takes the right backing.

EWOR is built for students like you – those ready to move fast, think globally, and build with purpose. From tailored mentorship and early-stage funding to a global network of top-tier founders, it’s not just another opportunity – it’s the next step for those who refuse to settle.

If you’re ready to build at the highest level, apply for an EWOR fellowship and take your venture from idea to execution – with the ecosystem to match your ambition.

Image credits: by Dom Fou on Unsplash