THE Deputy Mayor of Corby, Cllr Mohammed Rahmad and the Deputy Mayor and Deputy Mayoress of Wellingborough Cllrs Malcolm and Veronica Waters were guests of honour recently at the Young Enterprise Company of the Year for the Northamptonshire Area 2018.
Eight schools battled it out in the Area Showcase Final competing to go through to the next stage of the competition, the County Final. The event was hosted by Rockingham Motor Speedway, with five finalists being selected to go forward to the County Final.
Michael Galjaardt, Head of Sales & Marketing at Rockingham said: "We were delighted to host the Young Enterprise Area Final here at Rockingham. Having participated in Young Enterprise myself as a teenager, I relish the experience and skills I learned. I know exactly what the students have gone through to reach this stage, and they should all feel very proud of themselves."
The Young Enterprise Company Programme gives students aged 15 to 19 the opportunity to run a real business for up to one year within a legal structure using comprehensive resources, support and guidance.
Advisors from local businesses mentor the students throughout the process; this includes advising them on starting up their companies, creating business plans, websites, sourcing products and promoting and selling them to create viable businesses.
Through participating in the Company Programme, students develop a knowledge and understanding of the business world, as well as equip them with vital skills to prepare them for their future careers.
The Showcase Final is the occasion when each company goes head to head, judged by a panel of local business people. The competition process involves a review of the business plan and company accounts, interview and presentation to an audience.
The finalists are from Kingsthorpe College, Northampton; Northampton School for Girls and Wellingborough School.
Deputy Mayor of Corby, Cllr Mohammed Rahman said: "It was a real pleasure to have been invited along to the Young Enterprise Showcase Final to see first hand the real drive and talent our local young people have. The Young Enterprise Showcase is a truly amazing way to give these young people a taste of setting up their own business and gives them not only knowledge and experience in doing so but also instils in them a sense of confidence that they can achieve great things.
"I was impressed by all of the young people involved and congratulate them on their success. A huge well done and thank you to all of those involved in running such an amazing initiative for our up and coming entrepreneurs of the future."