The degree on is on offer at Birmingham City University's Faculty of Computing, Engineering and the Built Environment, and covers a range of courses, including civil engineering, video game design and film production.
It is aimed at people from traditionally marginalised groups in the field of science, technology, engineering and Maths, such as LGBTQ or BAME people, as well as those from disadvantaged backgrounds.
The trust owns the Millenium Point building and funds a scholarship each year from its profits.
Rebecca Delmore, commercial director at Millennium Point, said: “We want to connect with emerging talent, particularly those in our more marginalised communities and offer up a life-changing opportunity to an outstanding and worthy recipient.
“There are sure to be countless students who fit our criteria and we want to hear from as many as possible.
“We received a record number of applications in 2019 and we are encouraging schools, colleges and pupils to come forward this year to better that number.
“The scholarship would represent the start to a successful career for our winner, but all finalists will receive bespoke support to develop employability skills and get access to further opportunities in their industry going forward."
Applications are only being accepted from students in the West Midlands region, who can not already have or be studying an undergraduate degree.
The process c.loses on January 31, 2020. Visit millenniumpoint.org.uk/scholarship for details.