Herschel Grammar School pupils win top award for setting up their own company

Tuesday 28th May 2019 12:00 EDT
 

Smart students from Slough's Herschel Grammar School proved they have the makings of great businessmen - after turning £10 into £100 selling their own product to students and staff.

They were taking part in the National Tenner Challenge, run by Young Enterprise - the charity that motivates young people to succeed in the work place.

It is the seventh year of the challenge and more than 26,000 students took part.

The winners were announced at an award ceremony at the Moorgate Auditorium in London - and the Herschel pupils scooped the award as best team.

Abishayan Sivabalan, 13, Shubham Kulkarni, 14 and Abdullah Kassim, 14 had been given £10 and four weeks to set up a business and make as much profit as they could.

They came up with the idea of personalised wooden plaques. They took orders from students and staff, purchased high quality materials and manufactured the products in the design and technology workshops at school. They also took on board the fact that Mother’s Day fell within the four weeks of the competition and advertised their product as potential gifts for mum.

They made over £100 in profit and the award also recognised their idea, marketing skills and the way they charted their company progress..

David Wilkins, careers leader from Herschel Grammar School, said: “The Tenner Challenge has been a great experience for all of our students who really got behind our teams and supported them, but for our team who reached the final awards it has been an inspiration – they now know what they are capable of if they use all of their skills and experience, work as a team and give it their all.”


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