Peter Jones Awards Business Loans To Samworth Church Academy Business Students
13 March 2019
Throughout January, Year 10 Business students have been creating their own businesses and writing detailed business plans. These were sent to Peter Jones through his Tycoon project.
Tycoon is a unique national enterprise competition for students aged 6 to 18. Every participating team writes a business plan, is lent money, starts a business and competes with other student companies through a sophisticated kickstarter style platform, in a safe and controlled environment.
Three of our businesses were granted start up loans from Tycoon which amounted to almost £500 in total. They were;
Barking Bakers – Sam Kerry, Roshan Mandal and Brae Parkin have secured an exclusive contract with Sherwood Pines to sell their home baked dog biscuits
Organica – Kennedie Buckland and Amilia Cheesmond plan to make their own organic beauty products from all natural ingredients
All things cards – Libby Seaton, Lucie Bamford Jones, Rebecca McGinty, Danni Swann and Millie Morton have designed a range of handmade gift cards
The teams now have a month to make their products and sell as many as possible to generate a profit. The winning teams from the competition will be invited to a celebration event at Buckingham Palace!