Teams of entrepreneurs taking part in the Young Enterprise Company Programme set up trade stands and sold their wares to the public for the first time at the Hitchin Christmas Fair in the Market Square last Saturday (25th November).
The Young Enterprise Company Programme is an initiative that runs across the country for students aged 15-19. Participants set up their own companies in teams, with support from volunteers in the business world, and develop a range of key life and business skills. It is up to the students to make all the decisions about their company, from deciding on the company name and product to creating a business plan, managing the company finances and selling to the public.
Mr Afolami was joined by three others in judging the teams – Cathryn Henry from One Degree Development, Ben Mason from Compliancy Services and Mark Galley from Johnson Matthey.
‘Utilize’ from Merchant Taylors School in Watford was the winning company, and was also awarded prizes for best product and best business acumen. ‘Dynamix’ from Lonsdale School in Stevenage won the award for best trade stand.
Mr Afolami said: “I was hugely impressed with the calibre of all the companies competing on Saturday, from Merchant Taylors, Lonsdale and Hitchin Boys’. It was very hard to decide on winners as everyone was outstanding. It was great to see young people so switched on and enthusiastic about what they were doing, as well as being so confident. I commend the work of the Young Entreprise Company Programme – these young people will go far.”