Slough teen entrepreneurs set to hit Queensmere
Thursday, 31 January 2008Slough’s teenage entrepreneurs are preparing to compete for custom and demonstrate their business skills in the annual Young Enterprise Trade Fair on Saturday, 2nd February in The Queensmere shopping centre from 9am.
The sixth form students from Slough’s grammar and secondary schools have been running their own companies producing a variety of products and services during their academic year in the Young Enterprise Company Programme.
With advice from local business volunteers, they have been gaining first hand experience of business skills through the highs and lows of running a real company of their own by being company directors, with a board elected from amongst their peers. They then raise share capital, produce their product, market and promote it.
At the end of the year they liquidate the company and present a report and accounts in the first stages of a national competition.
At this year’s Trade Fair, products and services include many original gift ideas for Valentine's Day, Mother Days, Easter and other special occasions at competitive prices.
Last years winning company was Galileo who designed a puzzle.
Shabnam Ali, from Slough Borough Council who is a member of the board for Young Enterprise, said: “The council is really committed in developing an enterprise culture and supporting people into self employment.
“The idea of getting young people in the borough to come up with a product to sell and learn all the background to business is extremely appealing and works very well. I’m looking forward to seeing what the young entrepreneurs have come up with this year.”
Commissioner for economic development, Slough Cllr Derek Cryer, added: “Last year all the young people who joined in the scheme came up with some fantastic ideas and came away with a really good sense of what it takes to run a business.
“The collaboration between businesses in Slough and the sixth formers is invaluable and a real boost to the scheme and the next generation of the town’s workers.”
Jenny Scully, young enterprise programme manager for Berkshire, said: “The Trade Fair is an excellent way to experience the reality of being in ‘the marketplace’. As part of the company programme, the fair is a marvellous showcase for the achievements of these young budding entrepreneurs who develop their skills, knowledge and confidence in just one year. Whilst they are totally responsible for their own decisions each company is guided by a volunteer from the business community, a perfect example of how business can influence the future workforce and inspire enthusiasm and entrepreneurial flair.
The Deputy Mayor will judge the best stall and The Mayor will give out the prize.
Slough Borough Council