Published: 27th April 2015
The Business School will welcome students from twelve schools across Greater Manchester as they compete head to head in the regional final of the national Young Enterprise competition.
The students have set up their own companies with the help of business mentors as part of the Young Enterprise Company Programme, which aims to inspire Greater Manchester’s next generation of entrepreneurs.
The students have produced and sold a range of products and by doing this have developed eight key employability skills that will enable them in future careers.
Students will be vying for the top awards of ‘Best Company, Greater Manchester’ and ‘Runner-Up company, Greater Manchester’ at the Young Enterprise Greater Manchester Strategic Finals at Manchester Metropolitan University Business School on Wednesday 6th May.
North West Area Manager for Young Enterprise, Suzanne Lockwood said:
“The Greater Manchester Strategic Finals mark the second stage in a national competition to find 2015’s Best Young Enterprise Company in the UK. We are delighted to be working with MMU who are hosting the event, it’s only fitting that the Faculty of Business and Law at one of Manchester’s top Universities is the venue for such a showcase.
“The students will display the products and services they’ve developed and will be grilled by our expert panel of judges who will be scrutinising their business reports and profit margins.
“The winner and runner-up companies will get the chance to represent Greater Manchester in the third stage of the competition – the North West Young Enterprise Regional Finals at Barclays Technology Centre, Radbroke on 18th June.
“We’ve seen some great businesses set up by young people in Greater Manchester this year and I wish all the students the best of luck.”
Suzanne added: “Young Enterprise believes that young people ‘learn by doing’ and over the years countless young people have been inspired to start up their own businesses after taking part in our Company Programme,
“Setting up their own companies while still in school gives young people a unique real-life experience of business and enterprise and gives them invaluable practical skills that prepare them for the world of work.”
David Taylor, Principal Lecturer in Entrepreneurship at MMU Business School, said: “The Creativity and Entrepreneurship Cluster at MMUBS is honoured to be associated with this Young Enterprise Company Programme Final that celebrates the greatest entrepreneurial talent in our schools from across the region.
“These young dynamic entrepreneurs will have to prove themselves to distinguished experts who will forensically dissect their business cases.
“All the Young Enterprise finalists will benefit from the encounter with the judges - but which team will emerge out of the lair victorious? Congratulations to all the schools involved in this initiative that is helping feed the region’s entrepreneurial spirit.”
More than 750 15 to 18 year-olds in schools across Greater Manchester have taken part in the Young Enterprise Company Programme this year with help from local business volunteers.
Company: Blank Canvas - Loreto Grammar School
Company: Clarity - Manchester High School For Girls
Company: CliQ - Bury Grammar School
Company: Cookie Mad - Wigan Youth Zone
Company: Cosmos - Bolton School Girls Division
Company: Crafted Cards and Candles - Winstanley College
Company: Diverge - North Chadderton
Company: Imperium Gaming - Urmston Grammar School
Company: Initial - Oldham Academy North
Company: Ivy - Manchester High School For Girls
Company: Lunate - Bramhall High School
Company: The Finishing Fold - Fairfield High School For Girls
The winner of the ‘Best Company’ Award and ‘Runner-Up’ will go forward into the North West Regional Final on 18th June where they will compete for the chance to represent the North West at the Young Enterprise National Finals in London in July.
For more information on Young Enterprise please see www.young-enterprise.org.uk