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Yum and Bee Safe win Overall Awards in Jersey
Yum from Jersey College for Girls have won the Overall Award in this year’s Channel Islands Student Business Challenge in recognition of their highly successful business which sold edible gifts and homemade treats. Bee Safe from Victoria College won the Overall Community Award for their business which helped raise awareness of the decline in bees. The Channel Islands Student Business Challenge Awards ceremony was held on Thursday 25 May at the Hotel de France.
The Channel Islands Student Business Challenge involved teams of students from schools in Jersey and Guernsey working with mentors from corporate partners at Barclays, EY, Ogier and Sure to create and run a business over a ten week period. Forty teams from four schools in Jersey with a further thirty teams from three schools in Guernsey took part in this year’s Challenge. Additional awards were presented in Guernsey. In Jersey awards were also given to teams at each school who excelled at marketing, and further awards were presented to the teams that generated the most profit.
Each team was given a loan of £100 to start their business. The forty teams in Jersey collectively generated revenues of nearly £30,000 and have donated more than £6,500 of their profits to charities including local charities such as the JSPCA, Durrell and Jersey Hospice.
Paul Savery, Managing Director for Barclays, Channel Islands said “Barclays was delighted to be one of the four sponsors and to mentor some of the teams again this year. All the teams have generated an impressive return on investment in a very short space of time and they should be very proud of themselves. The judges were enormously impressed with the hard work and entrepreneurial spirits of the Overall Winners, Yum, who sold on 19 separate occasions and achieved revenues of more than £3,600. Equally impressive were Bee Safe from Victoria College who won the Overall Community Award and set out to create an educational product that would benefit the environment. Both winning teams have shown great entrepreneurial spirit and generated a very impressive return on investment in a short space of time. They should be very proud of themselves.”
Carl Howarth, Principal at Jersey College for Girls added, “The students who participated in this year’s Challenge have been on a steep learning curve. They have developed their teamwork, financial understanding and started to develop key business skills which will stand them in excellent stead in the future. They’ve also had a lot of fun.”
The winning teams in Jersey are:
Grainville: Night Light Scented Candles
Haute Vallee: Beauty in a Bottle
JCG: Sweet Memories
Victoria College: Spicy Bombs
Grainville: Cup Creations
Haute Vallee: Cute as a Button
JCG: Sweet Creations
Victoria College: Aromatix
Overall Community: Bee Safe from Victoria College
Overall Winner: Yum from Jersey College for Girls