Southwark MP Simon Hughes was so impressed with Walworth Academy’s social enterprise project he invited them to sell their wares at the House of Commons! The MP met the BTEC Business Studies students who have been selling their Seedboms, starting during Global Entrepreneurship Week and heard how they marketed, budgeted and made £124 profits with the help and training of MyBnk.
He saw how the Enterprise-in-a-Box project gave pupils a taste of the world of social enterprise by doing it for real with Kabloom Seedboms. They presented on how they sold and told the story behind their goods, targeting teachers and fellow students after school and produced adverts and business plans that armed them with trading and soft skills.
“I’m very impressed with the groups, I would like to offer them the opportunity to sell their products to myself and my colleagues in the Houses of Parliament, it’s a really great idea and I really want to encourage them to continue selling.” Simon Hughes MP for Southwark.
Young people in the UK are currently three times more likely to be unemployed than adults and while more than half of the population would like to start their own business, less than 5% actually do!
“It’s important for people to be able to use these skills when they’re older, it gives us a head-start for business and lets them know how money works. I really enjoyed how my team performed and sharing with that with our MP. “ Michael, 15, Walworth Academy.
“It’s really good to bring MyBnk in for enterprise because it’s different, we did it last year as well and it was really effective because MyBnk are so supportive of the school, they make the young people feel really comfortable and they interact well with them, the students here today are doing business studies so this will contribute to their unit 1 assignment and will lead them on to creating their own business plans which MyBnk sets the tones for.” Alicia Pennant, Business Studies teacher, Walworth Academy.