17th May 2013
The inaugural Jersey Young Entrepreneurship Challenge, supported by Barclays, Ernst & Young, JT and Ogier, has culminated with the Awards Evening held on Friday 17th May 2013. 20 teams of students from Grainville and JCG competed for prizes from categories including maximum profit, contribution to the community and endeavour.
The challenge was launched on Thursday 31st January and ran until the end of March 2013. This innovative project involved 120 participants as the entrepreneurial ideas of students were put into action. Ten teams from each school used their initial investment of £100 to demonstrate their business acumen, for profit or to benefit their community. Each team was mentored by a member of one of the four corporate partners.
Graeme Millar of JT said: "The breadth of ideas that these students turned into viable business propositions was impressive. With ideas as diverse as selling umbrellas for Water Aid, to making bracelets or organising family fun days, the judges’ task was challenging."
Five JCG teams, Team Tempest, Rejuice, Rain for Water, Team Gemini and Jersey Forever, involving students from Years 7 to 11, received recognition for their hard work at the awards evening. Team Tempest came away with the overall prize and are enjoying the sweet smell of success from their quintessentially English sweet business. Between the two schools over £6000 profit was made, of which over £4000 was donated to charity.
The success of the challenge has received both radio and television coverage:
Further details about the success of Team Tempest and how they donated their profits to The Teenage Cancer Trust is available from Adam Sykes, Employability Coordinator ([email protected])