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Business students help school pupils set up own companies

The regional final of Young Enterprise UK competition was this year held at NBS and saw five teams from across the East Midlands compete to be crowned the best company.

    Young Enterprise
    Team Vortex

    Young entrepreneurs in Nottinghamshire have been setting up their own companies with support from Nottingham Business School (NBS) students. It was part of the Young Enterprise Company Programme which enables teams of pupils aged 15-18 to set up and run a company over the academic year.

    This year, the teams were supported by seven NBS students who have been volunteering as business advisers alongside industry professionals.

    Young Enterprise
    The panel deliberates

    As business advisers, the students visited the schools each week to work with the pupils they are supporting and attended company board meetings. The regional final of Young Enterprise UK competition was this year held at NBS and saw five teams from across the East Midlands compete to be crowned the best company.

    The companies were judged by a panel of experts including Melanie Currie, Deputy Dean of NBS and David Marlow, CEO of the Nottingham Building Society. Throughout the year NBS has hosted a number of Young Enterprise events including, training sessions for the Nottingham school teams, presentation and interview evenings for the regional teams and a market day.

    Young Enterprise
    Young Enterprise 2018 winners, Vortex

    Fiona Winfield, Nottingham Business School Employability Manager and a Young Enterprise board member said: “It has been a pleasure hosting the regional finals at NBS for the first time. The programme is a chance for our students to share their knowledge and work alongside experienced industry professionals to help schools in the region learn about real aspects of business. It has also been a good opportunity to welcome the local schools to Nottingham Trent University.”

    This year’s winners of the regional finals will go on to represent the East Midlands at the UK Company of the Year final in London on 6 July,with the chance of representing the UK in the European final.

    David Marlow, CEO of The Nottingham Building Society and chair of the judging panel, said: “The result of the competition could not have been any closer. It was an extremely difficult job to separate the teams to decide on the eventual winner. These teams have what it takes to go on to the next level and all of the students are so much better prepared for the world of work that awaits them.”

    Published on 3 July 2018
    • Subject area: Business, management and marketing
    • Category: Business; Nottingham Business School