Fresh from his two Oscar wins, Guillermo del Toro has now announced that he’s giving aspiring filmmakers the chance to follow in his footsteps.

Del Toro, 53, not only held a series of free master classes when he appeared at the week-long Guadalajara International Film Festival in his native city, but he also confirmed that he’ll be launching the Jenkins-Del Toro International Grant.

According to PEOPLE, the grant will offer up to $60,000 to hopeful filmmakers and give them the opportunity to study abroad at a renowned film school.

The Mexican director, who will oversee a jury that awards the scholarship at the Guadalajara film fest each year, explained: “If we change a life, if we change a history, we change a generation. The first push is very important.”

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His comments came after he told the Oscars audience to whom he was dedicating his Best Picture award for “The Shape of Water”: “[Those] who are showing us how things are done in every country in the world. I was a kid enamoured with movies.”

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“I thought that this could never happen. It happened. And I want to tell you, everyone that is dreaming of using the genre of fantasy to tell the stories about the things that are real in the world today, you can do it! This is a door. Kick it open and come in!” the star continued.