New York, New York — Aspiring entrepreneurs from around the globe have an extraordinary opportunity to turn their innovative visions into reality. The Joseph Rallo Scholarship for Entrepreneurs is proud to announce its prestigious $10,000 scholarship, designed to nurture the next generation of business pioneers.
The scholarship welcomes undergraduate students worldwide who exhibit exceptional entrepreneurial potential and a commitment to positive change. It aims to alleviate financial barriers and empower students to focus on their education and business aspirations. Applicants are challenged to share their entrepreneurial dreams and the strategies they plan to use to make a meaningful impact through an original essay.
Joseph Rallo, a distinguished investment banker, entrepreneur, and philanthropist, established the scholarship to inspire and support young leaders who embody innovation, resilience, and creativity. Rallo’s extensive career spans over 17 years in the financial industry, with over 500 transactions totaling more than $60 billion. He is the co-founder of the revitalized EF Hutton and has held leadership roles at Aegis Capital, Maxim Group, and JMP Securities.
Beyond his professional success, Joseph Rallo is deeply committed to giving back. He serves on the boards of various nonprofit organizations, including Keep A Child Alive and St. Jude Children’s Research Hospital, reinforcing his dedication to fostering opportunities for future generations.
“Entrepreneurship drives progress and creates solutions to the world’s most pressing challenges,” says Rallo. “This scholarship is about encouraging young leaders to dream big, take bold actions, and build the businesses of tomorrow.”
Scholarship Details
The Joseph Rallo Scholarship for Entrepreneurs provides a one-time award of $10,000 to help cover tuition, books, and other educational expenses. Open to undergraduate students currently enrolled at accredited universities, the scholarship underscores Joseph Rallo’s mission to inspire and support ambitious minds.
Eligibility Requirements
To qualify for the scholarship, applicants must:
- Be currently enrolled as an undergraduate student at an accredited institution.
- Demonstrate a passion for entrepreneurship and innovative thinking.
- Maintain a minimum GPA of 3.0.
- Submit an original essay (1,000–1,500 words) outlining their entrepreneurial goals, their approach to achieving them, and the societal impact of their vision.
Application Process
Applications, including the required essay and an academic transcript, must be submitted via email to [email protected]. The deadline to apply is October 15, 2025, with the winner announced on November 15, 2025.
About Joseph Rallo
Joseph Rallo’s illustrious career in investment banking and entrepreneurship has solidified his reputation as a leader in the financial industry. His philanthropic efforts reflect his deep commitment to empowering future generations, fostering innovation, and addressing global challenges. With a Bachelor’s degree in Business Administration from the University of Notre Dame, Rallo combines academic rigor with practical expertise to inspire young entrepreneurs.
For additional details about the scholarship, visit the official website or contact [email protected].
Joseph Rallo’s illustrious career in investment banking and entrepreneurship has solidified his reputation as a leader in the financial industry. His philanthropic efforts reflect his deep commitment to empowering future generations, fostering innovation, and addressing global challenges. With a Bachelor’s degree in Business Administration from the University of Notre Dame, Rallo combines academic rigor with practical expertise to inspire young entrepreneurs.
