What is the UK School Enterprise Video Challenge?
A competition designed to encourage students, aged 10–18, to think through the steps and processes involved in establishing a business.
How do you enter?
Students come up with a business plan in video format, pitching their ideas. Email us today at GEW@teachamantofish.org.uk to register your class. Register for the competition and receive our resource pack by Monday 14th November. Then send us your video in by 28th November along with a 500 word summary of how the plan was created.
What are we looking for?
Students should carry out market research, think about branding and design, financial strategies, sales, direct and indirect competitors, as well as long and short-term business development. The video must show that such things have been well thought through and that the idea has solid research behind it.
Incorporating our tenets
We ask that students think about the sustainability aspect of their enterprise by describing how it respects our three tenets: people, profit and planet. There needs to be a focus on satisfying customer needs and wants while enhancing individual, societal, environmental well-being.
Purpose of the Competition: Why enter?
- Your students will be given the opportunity to research what it takes to set up a sustainable business and learn important business and marketing skills in the process. They will learn first-hand about how business ‘really works’, especially if the plan is later put into practice in actually creating a school enterprise.
- The School Enterprise Video Challenge can be linked to the curriculum in a number of different subjects, helping you to show your students how they can apply what they learn at school in the real world! It’s not just about Business Studies either - the Challenge can be incorporated into subjects as diverse as Geography, Maths, English, Media Studies and Citizenship.
- Establishing a successful school-based enterprise will get your school positive attention from the local and national press, and gives you the chance to build links with the business community.
More About the School Enterprise Video Challenge
Materials provided by Teach A Man To Fish
The Next Step: Join the School Enterprise Challenge
Global Entrepreneurship Week
More about the School Enterprise Video Challenge
Students will be asked to produce a short video pitching their idea for a school-based enterprise, and teachers will be provided with various resources to help them run a half day workshop, teaching students about how to produce a business plan that will not only generate profit, but that will also be socially and environmentally responsible.
A business plan is about reaching results. It needs to match the purpose of the enterprise in order to:
- Set goals and develop strategies
- Prioritise and optimise growth
- Plan and organise activities
- Measure progress
The winning application will have a thought out feasible business plan and the most creative video. We also want to know how the group organised itself and what you think differentiates you from everybody else. The deadline for the video is 20th November. The class or school providing the winning business plan will win a visit from a leading entrepreneur!
See our listing on the GEW website: http://www.gew.org.uk/events/the_school_enterprise_video_challenge
A key aspect of the Young Enterprise Initiative, are the materials and workshops that Teach a Man to Fish will provide for you and your students. By partaking in the initiative, you will have access to extensive educational materials about entrepreneurship and business plans. These materials include a video on how to create a business plan, lessons plans, powerpoint presentations, and various ideas for activities. We want to make the competition about creating an experience students will never forget!
Just write to register for the School Enterprise Video Challenge and to order your promotional pack: GEW@teachamantofish.org.uk
The Next Step: Join the School Enterprise Challenge
If you enjoy participating in the School Enterprise Video Challenge, there is no reason to stop here!
Join the School Enterprise Challenge, a global competition that brings schools in the UK and in developing countries together with the goal of creating groups of globally aware, socially responsible young entrepreneurs. The School Enterprise Challenge is a longer term competition where students compete to set up school-based, sustainable, profit-making enterprises. Schools will establish student-led businesses that not only generate real profit, but do so in a sustainable way. In many ways, the School Enterprise Video Challenge is a strong first step for participating in the School Enterprise Challenge!
Find out more on http://www.schoolenterprisechallenge.org.uk/
Global Entrepreneurship Week
This year’s Global Entrepreneurship Week will take place from November 14th-20th.
International network, Youth Business International will be running the event in the UK and in ten other countries.
Global Entrepreneurship Week seeks to create a national conversation about entrepreneurship which aims to connect people, allow them to share ideas and address regional issues to support the next generation of entrepreneurs.
Everyday people talk about making a change in their life and often consider starting up a new business. Many of today’s thriving businesses started with an idea being discussed informally; over dinner, with work colleagues or even with friends at the pub.
Global Entrepreneurship Week will make it easier to turn those conversations into action - so be part of the discussion by signing up to the Young Enterprise Initiative!
Find out more about GEW on: http://www.gew.org.uk/
What is the difference between the School Enterprise Challenge UK and the School Enterprise Video Challenge?
They are both competitions run by the UK-based charity organisation Teach a Man to Fish and they both seek to introduce entrepreneurship to a younger audience.
The School Enterprise Challengeis a global competition that brings schools in the UK together with schools in developing countries with the goal of creating groups of globally aware, socially responsible, young entrepreneurs. Schools are asked to set up student-let businesses that generate profit, grow and develop year on year. The challenge allows students to create a new source of income either for the school or for a charity of their choice!
The School Enterprise Video Challengeis a competition exclusively run in the UK, organised in the context of the Global Entrepreneurship Week (14th-20th November 2011). Unlike the School Enterprise Challenge this competition is run on a short-term basis. Students will be asked to model a business plan by carrying out market research, thinking about branding and design, financial strategies, sales, direct and indirect competitors, as well as long and short-term business development. Application to this challenge will take the form of a video explaining the business plan and a short text explaining to us how your class organised itself throughout the process. However, they will not be asked to implement the project. The best video will win a visit of a special guest speaker!
Do I have to participate in the School Enterprise Video Challenge in order to be eligible for the School Enterprise Challenge?
No. But we do think that participating in the School Enterprise Video Challenge is a great first step for the School Enterprise Challenge!
Do I have to participate in the School Enterprise Challenge if I’m doing the School Enterprise Video Challenge?
How do I apply?
Send us your name, school name, contact information, the number of students involved in the project as well as their age group by the 14th November. The video must be sent to us by the 28th November. We also ask that the teacher in charge submits a 500 word text (max) about how the plan was created, how yur students decided on the product/service, how tasks were distributed, the structure of the organisation, etc.
What are we looking for in an application/video? How can you make sure your video has the best chances of winning?
You should first and foremost make sure that all steps of a business plan are described clearly. We want videos that are fun, creative and demonstrate a strong commitment to entrepreneurship!