Innovative young brains at a Derbyshire school have come up with a table top idea to make money, as part of the team’s entry in the Young Enterprise competition, the UK’s largest business and enterprise education charity.
Year 12 students at Ockbrook School have been putting their selling skills to the test, making an impressive £90 profit for their company Illuminate, which offers a unique and eco-friendly take on party favours. The team has now made it through to the Derbyshire Area Final to be held on 27th March 2014.
The company’s personalised placemats and coasters have proved a huge success with fantastic sales at the Young Enterprise market in Derby’s Westfield Shopping Centre. Products have also been presented at a variety of school events, with 12 flying off the shelf in the first five minutes of Ockbrook School’s winter fair.
Year 12 student, Abbie Hosein, says: “Thanks to the process of Young Enterprise, our team has developed new and existing skills, which are vital for the world of work. I found that organisation is a key aspect in running a successful company, because it is essential that everyone is aware of what is going on.”
Andrew Walsh, Head of Key Stage 4 at Ockbrook School, added: “The Young Enterprise programme is a great way for students to be creative and have fun, whilst learning about the business world. The experience they gain will provide them with an impressive CV and great prospects for applying to university or gaining employment after they leave school.”
Illuminate have learned about the sales and marketing skills needed to run a winning business. The students have promoted the company’s products on social networking sites and secured a t-shirt sponsorship deal with Ilkeston based manufacturers, Motifs.
Young Enterprise, the national education charity started in 1963, aims to forge links between schools and industry, every year helping 250,000 young people learn about business.
Illuminate is looking to expand the distribution of its innovative creations by marketing its products to local shops and businesses.