Here at BGN we have participated in the Young Enterprise Company Programme for 4 years now. It is currently open as an extra-curricular activity to Year 10 pupils who apply and are accepted by the YE Link Teacher (currently Mrs Rachel Nutt). The club runs on a Tuesday after school.
Pupils set up and run a real business for up to a year under the guidance of a business volunteer. They get practical experience of the joys and pitfalls of creating a truly functioning enterprise. They do everything from raising the initial share capital through to designing and making their product or service, to selling directly to customers at specially organised trade fairs and ultimately winding up the firm and paying their YE taxes!
Our 2015/6 Year group set up a company called Cord & Candle making bracelets and key rings from parachute cord and making scented candles in re-used jam jars.
The company traded from November 2015 with pupils finding their own selling opportunities as well as attending the YE trade fairs such as the one at Banbury Market on Saturday 27 February 2016. At Banbury Trade Fair the pupils sold over £150 worth of their hand-made goods and were runners up in the categories of Customer Service and Best Trade Stand. Allen Binu was singled out by the YE Mystery Shopper on two separate occasions for being an excellent salesman!
A few members of the Cord & Candle team pictured at the Banbury Trade Fair along with Kirsty Leahy of Banbury Sound.
Our Year 10 Young Enterprise Company came away with 3 prizes at the Area Finals on 21st April. The awards event took place at Heyford Free School with Nikola Stodolska, Cyprian Stryczek, Annalise Baber and Allen Binu delivering a high quality presentation to the judges, ably supported by Aodan Telford on the computer controls! A panel of local business people judged that Cord & Candle had the best trade stand, the best manufacturing process and that Nikola Stodolska had made an outstanding personal contribution.