Growful, a Young Enterprise student company making plantable greetings cards and other eco-friendly gifts has won a Surrey and North Hampshire-wide Dragons’ Den competition as part of this year’s Young Enterprise Company Programme.
The company’s student directors from Royal Grammar School, Guildford persuaded the Dragons that their business plan and new product will be a commercial success.
Students from Winchester College School running Bamboozl, making bamboo wood-covered diaries, were runners up. The best business plan was presented by Firefly Technology, also from RGS Guildford, and the runner up was Athena from Gordon’s School.
Over 20 new student companies have been formed at schools right across the area to enter the 2020/21 Young Enterprise Company Programme and take up the challenge of building their own student companies.
And this is a particularly challenging year because of the restrictions both inside and outside schools caused by the nation’s efforts to control the spread of Covid-19. Much more online and remote support has been created for the students this year and the Dragons’ Den competition was held remotely online.
The Dragons were Richard Ros of Drakewood Capital Management, Roya Croudace, Director of Alloy Business Innovation and Mike Hooper, Group Head of Business Development and Marketing at Conosco.
The teams have established their companies, appointed Boards of directors and are working hard to make their businesses commercially successful. They raised start-up funds and developed products or services to trade at school, at local fairs where possible, and on line at YE Trading Station, the brand new market place set up especially for the student companies.
Companies presenting to the Dragons are making and selling a wide range of products including smart “do not disturb” signs for home working, customisable lap top covers, grow your own plant pot kits for kids, and reusable hand sanitizer bottles.
All companies will go on to showcase their achievements at an area online final next May, and have the opportunity to reach the national final, and even enter the international competition for best student company from around Europe.
Schools that have registered companies, often more than one, this year are:-
Claremont Fan Court School, Esher
Farnborough Hill, Farnborough
Gordon’s School, Woking
Halliford School, Shepperton
Heathside School, Weybridge
Royal Grammar School, Guildford
St John the Baptist, Woking
St Swithuns’, Winchester
The Royal School, Hindhead
In the spirit of Young Enterprise the students are “learning by doing”. They 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:
Danesh Amin, Chairman of Young Enterprise Surrey South
Lynne Skinner, Area Manager Young Enterprise, Surrey & North Hampshire
John Alves, Chairman of Young Enterprise Surrey North. [email protected]
John Rudofsky, Business Adviser. Tel. 07876 216400
Young Enterprise in Surrey and North Hampshire is supported by Procter & Gamble, Bank of America, Thorpe Park, 3 Counties Business Club, Double Tree by Hilton and Intertec.
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