As part of the Young Enterprise programme, our students produced hand-made wallets with block lining to avoid clashing cards when using Oyster Cards. The students then sold the wallets at Greenwich market. The aim of this project was to teach students how to be young entrepreneurs and business leaders.
Young Enterprise is a charity set up to motivate young people to succeed in the changing world of work by equipping them with the work skills, knowledge and confidence they need. Alongside young people from all across East London, Tower Hamlets students have been involved with this programme over the course of this academic year. The concept is for students to set up and run a profit-making business, or social enterprise, to develop 'employability' skills. Students make decisions about their business, from the product to their business plan and working on marketing and sales strategies.
Michael Anderson, young enterprise regional manager, said
This programme helps them discover skills they never knew they had. It creates a practical experience of running a business, transforming shy students into sales people who never considered themselves as business leaders. The student companies were trading alongside professional traders, honing their techniques along the way and turning a profit by the end of the day.
Image source: Young Enterprise