Every year, MHS & V6 Sixth Form participate in the Young Enterprise program, a programme through a national charity that provides young people with education on business enterprise and finance. With over 1,000 schools and numerous students taking part in the company program annually across the UK, this initiative is quite popular with many young people nationwide.

This year a group of Year 10 students have embraced the Young Enterprise challenge, setting up their company and gaining valuable business experience and essential skills. Guided by Mrs. Sims, the group has excelled in developing their business concepts, managing finances, and engaging in sales. Young Enterprise evaluates companies at various stages based on innovation, teamwork, and financial management, amongst other criteria, and the team have really risen to the challenge.

Earlier this year, the team visited HSBC Bank to present their business ideas. Although presenting to unfamiliar representatives from a variety of different business backgrounds; which team members Grace, Iqra, and Malak found highly nerve-wracking; their presentation was well-received, leading them to win the Young Enterprise Innovation Award.

The team has been active in fundraising efforts to support their business ideas, with a successful bake sale raising almost £200. They also ventured into catering with a meticulously planned Soul Food Thursday meal delivery service, tackling challenges like budgeting, forecasting, and recipe development. Their hard work paid off as they raised a significant £350.

 

 

Members of the team shared their highlights and challenges during the process:

• Zainab mentioned that the best part for her was preparing for the Soul Food sale, learning how best to work as a team and ensuring everyone in the team played their part.
• Danitor expressed happiness in selling her tried-and-tested mac and cheese recipe, though highlighted the challenges of budgeting and recipe calculations.
• Sasha found satisfaction in providing excellent customer service, while also learning the importance of payment collection for small business owners.
• Grace reflected on her nervousness during the HSBC presentation but was delighted with the Innovation Award win, expressing her enthusiasm for the Young Enterprise journey and the upcoming Finals.

Prepared with the Innovation Award, the team is gearing up for the Regional Finals at the University of the West of England. They will present their children's colouring and storybook to the judging panel, showcasing their creativity and business acumen.

Young Enterprise offers a valuable experience for those interested in business careers or willing to take risks and collaborate with others.