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Student Business Challenge Markets Come to Town
Both the Jersey market and Guernsey market will run from 10.00 am until 2.00 pm. The teams taking part in this year’s Challenge will be selling their products and showcasing their businesses to the shoppers of St Helier and St Peter Port.
The Channel Islands Student Business Challenge supports forty teams of students in Jersey from Grainville, Haute Vallee, Jersey College for Girls and Victoria College plus a further thirty teams from Guernsey Grammar, La Mare de Carteret and St Sampson’s in Guernsey to start-up and run their own businesses with an initial investment of £100 per team. The Challenge, run by Barclays, EY, Ogier and Sure, gives teams two months to develop their business acumen before facing a final “Dragon’s Den” where they will need to impress the judges with their abilities to run a profitable business and / or benefit the local community.
Louise Burrows, Head of Marketing at Sure said “The teams have thrown themselves into this Challenge and both Market Days give them the chance to demonstrate what they have already learned about marketing and increasing their profits. We are very grateful to Jersey Markets and to The Town Partnership in Guernsey for hosting our teams and giving them this opportunity.”
Headteacher of La Mare de Carteret, Vicky Godley said “The students will benefit from seeing what their competitors are up to and from getting feedback from customers on Market Day. They are developing their teamwork, financial understanding and key business skills which will be useful to them throughout their lives.”
This year’s contestants are trading from January to March and selling sweet and savoury snacks, cakes and sweets as well as handmade craft items, mugs, key rings and gifts as they compete to become the Overall Winner of the Channel Islands Student Business Challenge 2018.