News and Events

Guernsey Grammar take top slot at this year’s Channel Islands Student Business Challenge

Guernsey 25th May 2018

Sweet Dreams from Guernsey Grammar has won the Overall Award in this year’s Channel Islands Student Business Challenge in recognition of their highly successful business selling cupcakes.  There were joint winners of the Overall Community awards as Oh My Gache from Grammar and Do It Up from La Mare shared the Community award.  

The Channel Islands Student Business Challenge Awards ceremony was held in Guernsey on Wednesday 23 May at the St Pierre Park.  Additional awards were also given to teams at each school who excelled at marketing as well as to the teams that generated the most profit.  

The Channel Islands Student Business Challenge involved teams of students working with mentors from corporate partners at Barclays, EY, Ogier and Sure to create and run a business over a ten-week period.  Each team was given a loan of £100 to start their business.  Thirty teams from Guernsey Grammar, La Mare de Carteret and St Sampson’s took part in this year’s Challenge together with a further forty teams from Grainville, Haute Vallee, Jersey College for Girls and Victoria College in Jersey. 

The seventy teams collectively generated revenues of nearly £40,000 and have donated £8,500 of their profits to charities including local charities such as the Autism Jersey, Mind Guernsey, GSPCA, JSPCA, Cheshire Homes, Les Bourgs and Jersey Hospice.

Simon Phillips, Country Manager, Barclays Guernsey said “There are so many benefits for the students taking part and it was great to see Barclays employees mentoring student teams again this year.  We look forward to supporting the Challenge as sponsors in 2019.”

Ove Svejstrup, Associate Partner at EY in Guernsey added, “The winning teams have generated a remarkable return on investment in a very short space of time.  All the students that took part have learned so much and they should be very proud of themselves.”

Liz Coffey, Headteacher at Guernsey Grammar added, “The students who participated in this year’s Challenge have been on a steep learning curve.  We are very proud of them and delighted to see them grow their teamwork skills, improve their financial understanding and at the same time have a lot of fun.” 

 

2018 Winners

Overall Winner: Sweet Dreams, Guernsey Grammar

Overall Community: Oh My Gache, Guernsey Grammar and

Do It Up, La Mare de Carteret

 

Profit Awards

La Mare de Carteret: Cake Me Up

Guernsey Grammar: Fudge-a-holics

St Sampson’s: Times and Places

 

Marketing Awards

La Mare de Carteret: Splish, Splash, Splosh

Guernsey Grammar: La Bonne Vie

St Sampson’s: Jartastic Fantastic

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