BUDDING Bransons and aspiring Alan Sugars pitted their entrepreneurial skills at Gelli Primary School’s enterprise week.
Each class at the school was handed a business grant of £30 and were challenged to turn it in to as much profit as possible in the week-long Apprentice-style competition.
Headteacher, David Cynan Jones, said: “During our successful Estyn inspection in the summer term last year, one of the recommendations made by the inspection team was that we further develop the pupils’ entrepreneurial skills and introduce them to the concept of how to set up their own business.
“The challenge is an ideal way of introducing the pupils to the concept of establishing a class mini enterprise with the added incentive that the pupils can keep the profit they make from their efforts to purchase resources to improve their classroom.”
To get the competition off the ground, parents placed pre-orders or donated cash to support their child’s class. The school was then open on the Friday afternoon for a mini fete so that the parents and the local community could see what goods were up for sale.
Among the items for sale at the innovative youngsters’ stalls were handmade cards, key rings, hanging baskets, bird feeders, jewellery and cookies.
Bright sparks in the Reception class even took the initiative to use their start-up grant to buy their own chicken and sell its eggs.
As well as keeping the money made, the class which made the most profit had their total matched by two local entrepreneurs, Neil Gimson, of NRG Heating & Plumbing, and Carl Morecroft, of UPVC Direct.”
The winning class – who took the title of Gelli Dragons – was Year 3 Dosbarth 5, who raised £264.70 selling key rings, face painting and tattoos.
Year 5 Dosbarth 7 were named runners up, with £258.34 made by selling bird feeders and holding a bring and buy sale.
Each class managed to triple their £30 starting cost and the whole school collected £1,671.84.
The pupils now plan to invest the money in new basketball posts for the playground, with the winning class being given the match funding as a special prize.
Delighted with the event’s success, Mr Jones added: “I would like to thank the staff and pupils for their hard work during the week, to our parents and their extended family for their continued support and for our local business partners for their financial support.”
Read More http://www.walesonline.co.uk/news/south-wales-news/rhondda/2011/06/23/business-success-for-gelli-dragons-91466-28916488/#ixzz1Q88s7VjO
Each class at the school was handed a business grant of £30 and were challenged to turn it in to as much profit as possible in the week-long Apprentice-style competition.
Headteacher, David Cynan Jones, said: “During our successful Estyn inspection in the summer term last year, one of the recommendations made by the inspection team was that we further develop the pupils’ entrepreneurial skills and introduce them to the concept of how to set up their own business.
“The challenge is an ideal way of introducing the pupils to the concept of establishing a class mini enterprise with the added incentive that the pupils can keep the profit they make from their efforts to purchase resources to improve their classroom.”
As part of the event, pupils enjoyed developing their understanding of how to research their product, cost out any outgoings and balance them against other outlays.
To get the competition off the ground, parents placed pre-orders or donated cash to support their child’s class. The school was then open on the Friday afternoon for a mini fete so that the parents and the local community could see what goods were up for sale.
Among the items for sale at the innovative youngsters’ stalls were handmade cards, key rings, hanging baskets, bird feeders, jewellery and cookies.
Bright sparks in the Reception class even took the initiative to use their start-up grant to buy their own chicken and sell its eggs.
As well as keeping the money made, the class which made the most profit had their total matched by two local entrepreneurs, Neil Gimson, of NRG Heating & Plumbing, and Carl Morecroft, of UPVC Direct.”
The winning class – who took the title of Gelli Dragons – was Year 3 Dosbarth 5, who raised £264.70 selling key rings, face painting and tattoos.
Year 5 Dosbarth 7 were named runners up, with £258.34 made by selling bird feeders and holding a bring and buy sale.
Each class managed to triple their £30 starting cost and the whole school collected £1,671.84.
The pupils now plan to invest the money in new basketball posts for the playground, with the winning class being given the match funding as a special prize.
Delighted with the event’s success, Mr Jones added: “I would like to thank the staff and pupils for their hard work during the week, to our parents and their extended family for their continued support and for our local business partners for their financial support.”
Read More http://www.walesonline.co.uk/news/south-wales-news/rhondda/2011/06/23/business-success-for-gelli-dragons-91466-28916488/#ixzz1Q88s7VjO
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