The Regions Best Young Business Brains Compete For Title

April 24, 2017

Personalised clocks, kitchen utensils made from recycled plastics and a cookbook app for children with food intolerances are just a few of the products that have been designed and sold by the best young business brains in the region competing in the Newport & Monmouthshire final of the Young Enterprise Wales Team and Company competitions on Thursday.

Students from seven schools from the region have during this academic year set up their own registered companies, created their own business plans, raised funds, created or sourced their own product ranges, devised marketing plans and prepared a final company report.

The companies shortlisted for the final are:

  • MESy Makers, Maes Ebbw School, Ebbw Vale who have sold handmade novelty items including cat toys and plants
  • Solenoid Enterprise, Chepstow High School who have designed and sold earphones with a “spring wire”
  • Timber, Haberdasher’s Monmouth School for Girls selling handmade notebooks & keyrings
  • The Crafty Clock Company, The John Frost School, Newport who have designed and sold personalised clocks
  • Polymade, Monmouth Boys’ School who have designed and sold kitchen utensils made from recycled plastic
  • A Sprinkle of Love, Rougemont School, Newport who have developed a cookbook app for children with food intolerances

During the final in the Newport City campus of the University of South Wales, the companies will be displaying their own exhibition stands, making a presentation to the independent judging panel and answering questions about their business.

Andrew Cotton, Young Enterprise Manager said, “I have been keeping in contact with all the companies competing throughout the year. We have some great companies started up by students in the region this year and the judge’s I am sure, will be very impressed with the quality of the finalists.”

More than 14,500 young people aged 15 to 19 from across the UK have set up and run a real business over the academic year as part of company programme.
Kath Lewis, Chair of the Newport & Monmouthshire Young Enterprise Board is looking forward to the final on Thursday and keen to encourage more schools to take part next year. She said, “The final will highlight how our Company and Team programmes can inspire young people to become the entrepreneurs of tomorrow by helping them to learn and apply practical business skills whilst they are still at school that they can take with them during their career. Thursday is the pinnacle of many months of hard work from the students, representing their creativity, resilience and business acumen. They won’t learn these skills in the classroom. There is supporting research that shows that 95 per cent of company alumni go on to education, employment or training – seven per cent higher than the national average of 88 per cent.”