We’re over the moon for our Young Enterprise team, Vortex, who has been crowned Best Overall Company at the East Midlands Young Enterprise Regional Final!
Young Enterprise is a national charity which works to equip young people with the skills, knowledge and confidence they need to succeed in the changing world of work. This year, students across the country have set up and run over 1,000 companies over the academic year, making all the decisions about their business, from deciding the company name and product, to creating a business plan, managing their finances and selling their products. Research shows Company Programme participants develop key employability skills and a longitudinal study of Company Programme alumni has shown that in the two years following their company’s closure, 94% are in education, employment or training [EET] – 6% higher than the national rate.
Held at The Nottingham Business School, Nottingham Trent University, the final celebrated students who have set up and run a company over the academic year as part of the Young Enterprise Company Programme, supported nationally by HSBC.
Five teams from the East Midlands counties competed across multiple business categories, with an award for each. Vortex came out on top and will now represent the East Midlands at the UK Company of the Year final in London on July 6th. If successful here, they will go on to represent the UK in the European final.
The companies were judged by a panel chaired by David Marlow, CEO of The Nottingham Building Society; Melanie Currie (Deputy Dean, Nottingham Business School); Ron Lynch (Institute of Directors) and Judith McNulty-Green (Institute of Occupational Safety & Health).
Here’s what Michael Mercieca, Chief Executive of Young Enterprise, said about Vortex: “Reaching the Company Programme final represents an inspirational journey with many months of hard work, teamwork, creativity and resilience; congratulations team Vortex.
“The experience and skills students from every team will have developed will stay with them for many years to come and we are greatly encouraged by our research which shows that 94% of Company alumni go on to education, employment or training – 6% higher than the national average.”
David Marlow told Steve Arscott, YE’s Regional Manager: “This is my third year as a judge at this level of the competition and the result could not have been any closer. Three teams started the event with the same score and it was an extremely difficult job to separate the groups to decide on the eventual winner. Clearly, these teams have what it takes to go on to the next level and all of the students are so much better prepared for the world of work that awaits them. The standard really has been incredibly high”.
The date is in our diary and we have everything crossed for you, Vortex!