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Young enterprise

Date: 18 Mar 2008

North Somerset's future captains of industry are to be celebrated at the 2008 Young Enterprise Company of the Year competition to be held at the Winter Gardens, Weston-super-Mare on Tuesday 25 March from 7.30pm to 10pm.

The three local schools are taking part in the scheme which promotes business skills and enterprise amongst young people. The 'companies' they have set up are:

  • "Backwell School Young Enterprise" from Backwell School
  • "Purple Phoenix" from Broadoak Mathematics and Computing College, Weston-super-Mare
  • "MBOO" from Gordano School, Portishead

Students aged 15 to 19 from schools across North Somerset have been eligible to enter the competition. The students establish and run a company over a year, electing a board of directors from their peers, raising capital and marketing and financing a product or service of their own choice. At the end of the year they present a report and accounts to their shareholders.

Each team has prepared a report outlining their company's objectives and achievements, will create a professional trade stand 'showcasing' their company, will deliver a presentation to the judges and will be interviewed on their progress.

Founded in 1963, UK registered Charity Young Enterprise South West runs a range of Business and Enterprise Education Programmes for Young People across the South West region.

The competition is the culmination of a year in business for those young people from North Somerset who have taken part in the Young Enterprise Company Programmes.

The winners from the North Somerset Company of the Year Competition will go on to compete against teams from all across the West of England region the West of England County finals to be held on the 14 May in Bristol.

The event has been supported by our economic development and regeneration team.