Published: 24 May 2016 at 11:26
On Wednesday 27 April Anglia Ruskin University proudly hosted the Essex County Finals for Young Enterprise UK, the leading national business-education charity.
Participating schools are given the opportunity to set up and run their own business over the course of an academic year. They elect a Board of Directors, raise capital and market and finance a product or service of their choice.
Six teams were put through their paces during the course of the day. They were asked questions about their products, how they decided on the product/service, what was the need and how much money had they made. Each team was ‘grilled’ by the judges at face to face interviews, finishing with an awards ceremony in the evening.
The team that won the Best Overall Company of the year (sponsored by BNY Mellon) and who will be representing Young Enterprise Essex at the Regional Finals on 16 June was Team IGNITE’ from Chelmsford County High School for Girls, with their ‘Socket Pocket’ a micro-fibre pocket with a foldable tab that flicks up allowing the pocket to be hung over a plug, making charging mobile phones safer, due to decreased risk of electrical damage to cables etc.
Anglia Ruskin University sponsored the award for the Best Trade Stand and Marcia Baldry, Entrepreneurship Support Manager (one of the judges) presented the prize to Invinctus Cards from King Edward V1 Grammar School whose Trade Stand really stood out from the rest.
Prizes were also given to The Best Company Report, sponsored by TARMAC; the Best Presentation, sponsored by Essex County Council; Judges Award, sponsored by The Federation of Small Businesses; Social Responsibility Award, sponsored by Chelmsford Star Co-Operative Society.
For more information about this event or how we can support local entrepreneurs, visit our Business Services support pages.