Young Enterprise

Torfaen, Caerphilly and Blaenau Gwent students go head to head in first round of national Young Enterprise competition

Budding young entrepreneurs from Torfaen, Caerphilly and Blaenau Gwent will be putting their business heads on to compete in the first stage of a national Young Enterprise competition at Big Pit National Coal Museum, Blaenavon, Torfaen on 9th April 2014.

7 teams from 6 Torfaen, Caerphilly and Blaenau Gwent schools will be vying to take home the top prize of ‘Best Company or Team 2014’ after taking part in a Young Enterprise scheme to set up and run their own businesses for a year with the help of business mentors.

Students from Blackwood Comprehensive, Crownbridge Special School, Cwmcarn School, Heolddu Comprehensive, St. Martin’s Comprehensive and Ysgol Gyfun Cwm Rhymni will all be taking part in the competition – with the top two winners set to go through to the next stage of the competition, the Wales national finals in Cardiff on 17th June. 

Lyn Maloney, Chair of the Caerphilly, Blaenau Gwent and Torfaen volunteer board said:

“The Caerphilly, Blaenau Gwent and Torfaen Area Finals mark the first stage in a national competition to find this year’s Best Young Enterprise Company.

“The students will showcase the products and services they’ve developed in the past year and will be grilled by our expert panel of judges who will be scrutinising their business reports and profit margins.

“Young Enterprise believes that young people ‘learn by doing’ and over the years countless young people have been inspired to start up their own businesses after taking part in our Company Programme.

“Setting up their own companies while still in school gives young people a unique real-life experience of business and enterprise and gives them invaluable practical skills that prepare them for the world of work.

“We’ve seen some great businesses set up by young people in Caerphilly, Blaenau Gwent and Torfaen this year and I wish all the students the best of luck.”

More than 1500 14 to 18-year-olds in schools across Wales have taken part in the Young Enterprise Company Programme this year and set up a total of 115 businesses with help from local business volunteers.

Products created and sold by Caerphilly, Blaenau Gwent and Torfaen Young Enterprise companies this year include an Ipad stand, tie dye clothing, seasonal gifts and accessories.

Natasha Davies, Young Enterprise Manager in Caerphilly, Blaenau Gwent and Torfaen said:

“Young Enterprise couldn’t exist without the vital support from our local business volunteers and I’d like to thank them all for their hard work this year as well as Welsh ICE for their sponsorship of the Area Final.”

The awards on offer at the Area Final include ‘Best Use of IT and Social Media,’ ‘Best Company Report,’ ‘Best Trade Stand,’ ‘Best Presentation,’ ‘Most Innovative Product or Service’ and ‘Best Company’.

The winners of the coveted ‘Best Company Award’ and the “Best Team Award” will go forward into the Welsh National Finals on 17th June where they will compete for the chance to represent Wales at the Young Enterprise National UK Finals in July.

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Wedi ei bostio ar Dydd Gwener 27th Mehefin 2014