Sydenham High’s young entrepreneurs
Young Enterprise Company Programme enables students to experience what it’s like to set up and run a company. Throughout one academic year, students make all the decisions about their enterprise, from deciding on the name and product to creating a business plan, managing the student company finances and selling to the public at trade fairs.
On Thursday 26 April the first of the two joint Sydenham High School and Dulwich College Young Enterprise teams took part in the Company of the Year Central London Finals at Bryan Cave Leighton Paisner, London Bridge. Having already progressed through the first round of the competition before Easter, team Elastalid, creators of silicone lids which stretch to fit most container sizes, were competing against six other Central London companies for one spot in the London Final in June. The team were judged and scrutinised on every area of the business, from their Trade Stand to their company report. With competition fierce, the team secured two awards on the night (Best Company Report & Most Creative Product), agonisingly finishing second and therefore sadly failing to progress.
A week later, the second Sydenham High/ Dulwich College team Recyclabag took part in the East London Finals at Citigroup, Canary Wharf. The team really had to raise their game at this level, and they did so remarkably, delivering an excellent presentation and standing up to the scrutiny of the judges in the interviews. Recyclabag took home the prestigious Citi Environmental Award for their hand-made washbags made from 100% recycled materials, but despite this, failed to progress.
“In an ever-changing world, entrepreneurship, innovation and resilience are key aspects for young people to develop and I am delighted to see our teams recognised for their hard work and ingenuity.” – Mrs Woodcock.
Every member of these two teams has worked extremely hard this year, and we are incredibly proud of how far they have come since September. They have certainly demonstrated excellent entrepreneurial spirit!
Both teams will continue to trade until July and would be keen to hear from you if you are interested in buying one of their products. Contact Ms Parrish to find out more.