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THE YOUNG ENTERPRISE BUSINESS AWARDS COUNTY FINALS 2007


Suffolk team wins East of England Young Business of the Year

The Young Enterprise Business of the Year Award for Suffolk was won this year by a team from Woodbridge School.  These budding entrepreneurs went on to, beat teams from the other six counties in the region to win the Young Enterprise, East of England, Company of the Year competition.

The winning company formed by the students of Woodbridge School was “Iceni”, a company with two distinct brands, Polka and Tailor.

The ‘Polka’ range is an expanding one, which includes polka-dot painted brooms and also polka-dot painted terracotta plant pots. ‘Tailor’ products include hand made jewellery and individually made clothing, which are all unique, as the name suggests. Details can be found on www.iceniuk.com

Flo Gillingham, Managing Director of Iceni said, “It has been a rollercoaster of learning for all company members and lessons have been learned in abundance. The experience of founding and developing Iceni has provided company members with a valuable insight into the world of business, while also enforcing the values of respect, dedication and perseverance.”

Each of the six competing companies were made up of young people aged 14 – 19 who have successfully run their own companies for the past 10 months and have already won their Area and County finals.

The East of England Young Enterprise finals took place at St Catharine’s College, Cambridge on 2 July. Each of the teams was judged in four stages: a written 10 page Company Report; answering questions at a company display stand; a more detailed interview with the judges; and finally a five minute presentation.

The company directors of Iceni will represent the East of England region and compete for the coveted title of Young Enterprise UK Company of the Year at London’s Savoy Hotel on 16-17 July.

The chairman of Young Enterprise East of England, Clive Hyman, said:

“My congratulations to Iceni of Woodbridge School on winning the title of Best Company at the East of England Young Enterprise awards. It’s a major achievement, and one of which they can be justifiably proud.”

“But it’s not just about prizes” Clive continued, “The awards represent the tip of the iceberg, nearly 5,000 young people aged 15-19, representing over 400 companies from schools and colleges across the East of England region have completed the Young enterprise programme and learnt about how business works.

“There is also an enormous business community effort which helps young people gain vital skills for their future careers. Each year more than 250 business volunteers in the East of England give their time regularly helping students run companies.”

 

 



 


 




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About the Awards


The Young Enterprise Company of the Year Competition is an annual celebration of the achievements of Company Programme and Team Programme students.

This achievement is marked through a series of competition events where they proudly present the results of their year in business.

Young Enterprise Companies appear before independent panels of judges from the business and education communities who take a view as to how well they have performed against the Young Enterprise criteria, compared to the other companies at each stage

The structure of the competition judging process varies slightly in the early stages of the competition, but at Regional and National levels the student companies are judged through the following elements:

Annual Report - this is a 10 page account from each company about their year in business.

How each company presents itself at its "trade stand" or market stall

Interview with the judging panel

A 10-minute maximum (at National level 5-minutes) presentation of their year in business from each company in front of an audience of business people, educationalists & personal guests.