26 student companies formed to compete in entrepreneurial challenge
Fifteen schools from across Surrey have entered a total of 26 teams for the 2019/20 Young Enterprise Company Programme.
The teams have established their student companies, appointed their Boards of directors and will be working hard to make their businesses a commercial success. They are now busy raising start-up funds and developing their products or services to trade at fairs in Walton and Camberley town centres before Christmas and at other local fairs and events.
They will go on to showcase their achievements at North and South Surrey finals next March, and have the opportunity to reach the Surrey final, the national final, and even enter the international competition to be held in Lisbon next year for best student companies around Europe.
Teams from North Surrey are attending a workshop at Procter & Gamble, Brooklands on Wednesday 16th October to help guide them in starting their businesses. Teams from South Surrey hold a workshop at Tormead School on Monday 14th October.
The schools entering this year are:-
Ashcombe School, Dorking
Claremont Fan Court School, Esher
Gordon’s School, Woking
Halliford School, Shepperton
Heathside School, Weybridge
Hinchley Wood School
Notre Dame Senior School, Cobham
Royal Grammar School, Guildford
Salesian School, Chertsey
St George’s College, Addlestone
St John the Baptist, Woking
Each student company will open a business bank account with HSBC, issue shares to fund their enterprise, develop and design a new product or service, and trade in the months leading up to the area showcase. They choose directors from within the team and work together to make their companies a trading success.
In March they will be judged on how well their company has done, on the report and accounts and the company advert that they create, and how well they present themselves and their company at the finals.
In the spirit of Young Enterprise the students will be “learning by doing”. They will learn about business, teamwork and how to meet new challenges, all key employability skills. Most teams make a significant profit and earn dividend income for their shareholders. They will all have a special experience to add to their cvs
For further information contact:
John Alves, Chairman of Young Enterprise Surrey North. Tel. 07961 659401 john.alves@YoungEnterpriseSurrey.org.uk
John Rudofsky, Business Adviser. Tel. 07876 216400
Young Enterprise in Surrey is supported by Procter & Gamble, Bank of America Merrill Lynch, Partridge Muir & Warren and Thorpe Park.
About Young Enterprise
- •Young Enterprise is the UK’s leading enterprise and financial education charity that empowers young people to harness their personal and business skills
- •Every year we work directly with over 250,000 young people, and support 9,000 teachers in both enterprise and financial education, with the help of more than 7,000 volunteers and 3,500 businesses
- •We believe that the potential of the UK’s young people is unlimited, and an academic education on its own is not enough. Our mission is to empower young people to discover, develop and celebrate their skills and potential
- •Through our hands-on employability and financial education programmes and resources and teacher training, we want to eradicate youth unemployment, help young people realise their potential beyond education and empower a generation to learn, to work and to live
- •Founded in 1962, we are part of global network JA-YE operating in 120 countries
- •For more information on Young Enterprise please see