Young Enterprise teams sell sell sell at their first trade fair!
Teams sell their products in Stourbridge on the big Christmas Lights Switch On
Our Year 10 Young Enterprise teams were busy preparing for their first trade fair on Saturday 1st December at Stourbridge Ryemarket as part of the town’s Christmas Lights Switch On celebrations.
Our two teams started this September on the Young Enterprise Company Programme. This is our second year of working with Young Enterprise as two teams entered last year’s competition and did amazingly well. Two members from last year’s teams (Anna Sharkey and Louis Gaskin) have been helping our new teams to get to grips with starting their businesses.
Our teams stands shone out in the Ryemarket mall and trade was very busy all day as customers bought the teams creative, handmade festive products from recycled materials.
By the end of the day the teams had made over £400, this will be reinvested in their businesses to by materials for their future products in the new year.
Young Enterprise is an enterprise and financial education charity reaching over 250,000 young people every year. The Company Programme enables participants to experience what it’s like to set up and run a student company. The project kicked off with Young Enterprise representatives introducing the project and setting an enterprise challenge to Year 9 on our PSHE day last July.
Running throughout one academic year, students make all the decisions about their enterprise, from deciding on the name and product to creating a business plan, managing the student company finances and selling to the public at trade fairs. All this takes place with the support of a volunteer Business Adviser who brings a wealth of business knowledge and expertise. A range of resources are provided to help manage the company and the teams track their progress using self-assessment tools and compete against other schools in local, regional and national competitions.
Our teams will take part in other trade fairs and sales opportunities over the next few months, running the businesses and will submit full company reports to a tight deadline, leading up to the Black Country Young Enterprise Regional Finals in May. Here our teams set out their stalls and battle against other competing schools in the region showcasing their businesses in the hope of winning the regional heat.