Young Enterprise Company Programme

Young Enterprise helps students gain practical experience of business by setting up and running their own real company. Students 'learn by doing' through assuming directorship roles. In this way they develop a classic enterprise and financial capability as well as economic and business understanding. The programme contributes significantly towards the development of Key Skills and the Enterprise Education and Work-Related agendas.

Content and delivery

Students set up and run their company over the course of one academic year. They elect a board of directors from amongst their peers, raise share capital, and market and finance a product or service of their own choice. At the end of the year they present a report and accounts to their shareholders. Students gain experience of the real world: taking responsibility and being accountable to their shareholders for the running of the business.

As a result of running a Young Enterprise company, students gain an understanding of how a business works and how wealth and employment are created the ability to work in a team improved communication skills more enthusiasm and self confidence a willingness to take responsibility and initiative; time management skills; experience of key business functions such as marketing, financial management, sales, customer care and personnel management.
During their year of trading, Young Enterprise companies have the opportunity to participate in local, national, and in some cases international trade fairs where they can sell their products, market their services, and so boost their sales and experience.

Young Enterprise at The Tiffin Girls’ School

Tiffin Girls’ runs two Young Enterprise companies in Year 12 of 25 girls each. They are set up in September and then trade all the way to the end of the academic year in July. Throughout the year the teams are mentored by a business adviser who comes into school once a week to offer them the benefit of their business experience and to support them as they make the decisions necessary to run and operate an effective business.

Towards the end of the year the girls participate in the national Company Programme competition for which they have to prepare a five minute presentation; a 10 page business report with a summary of their financial accounts and a trade stand and are then judged by business people. The overall winner progresses to the next round of competition and this culminates in a national final held in London In July.