Tuesday, 13th December 2016
STUDENT entrepreneurs impressed in annual business competition.
STUDENT entrepreneurs on a mission to prevent bike thefts impressed judges in an annual business competition for schools.
Their idea and presentation saw them shortlisted at the annual Emmanuel Schools Foundation (ESF) Business Game, a challenge set over a week in which teams have to establish a business, develop a product or service having done market research and then present to a panel of judges.
Three Year 9 teams from each of the four ESF schools took part - Emmanuel College, Gateshead, Bede Academy, from Northumberland, Trinity Academy, Doncaster and The King's Academy, which also hosted its sister schools in the final.
The businesses had to demonstrate commercial awareness by working out finances, develop ideas for a website and other marketing, consider sales and distribution, and show corporate social responsibility by choosing a charity to receive a share of profits.
The winners of the competition were from Bede Academy, whose shopping device Pro-Scan logs the expiry date of purchased food then sends text alerts to warn of produce nearing its use-by date, along with recipe ideas for how to use it.
The other teams from The King's Academy were Infinity with their Chew Chew healthy express meals for children and Team Beyond, whose products were gloves and sweatbands for runners which monitor and record data such as pace and heartbeat.
Adam Cooper, head of business, IT and economics at The King's Academy, who organised the final, said: "I have been thoroughly impressed by the creativity, thought and preparation shown by all the businesses."