What is Young Enterprise?
Groups of pupils who join Young Enterprise set up and run a real firm for a year under the guidance of a business volunteer. You get practical experience of the joys and pitfalls of creating a truly functioning enterprise.
You do everything from raising the initial share capital through to designing and making your product or service to selling directly to customers at specially organised trade fairs and ultimately winding up the firm and paying their taxes!
This renowned programme has been running since 1963 and in that time a million 15-19 year olds have taken part.
What are the benefits?
Apart from delivering aspects of work related learning under the National Curriculum, independent research shows it helps develop key skills that enhance young people’s employability and enterprise capabilities.
Many alumni of the Company Programme have gone on to outstanding careers in as entrepreneurs, corporate executives and public figures. Employers tend to look favourably on students who have taken part in the programme.
The academic world also recognises the value of the scheme. An A level 3 OCR qualification is available to all students taking part in Company Programme. This is worth up to 40 UCAS points that count towards entry into university.
To find out more about Young Enterprise, have a look at their website here.