Young Tycoons soar to success

 In News

Young Tycoons soar to success

Young tycoons from Ludham Primary School have been using their business brains to raise money for Village Water. Three teams from the school entered the national Tycoon in Schools competition which encourages children in both primary and secondary schools to get involved in entrepreneurship and run their own businesses in school.

All the teams did brilliantly making a profit from their business ideas. The youngest team, the Birdie Brunch has even won a place in the final of the competition, beating over 2,000 other pupils. From a start-up loan of just £48, the Birdie Brunch team made an impressive profit ratio of 637%

The mixed-age business team consists of five children, aged 7-10 years old.  Their business model was not only sustainable, but environmentally friendly too. The Birdie Brunch team targeted consumers who care about conserving our environment, and protecting wild birds, particularly through the cold, winter months.

‘Birdie Brunch’ – is a bird feeder, made from a giant pine cone covered with suet and seeds. The team gift-wrapped their products attractively, which boosted sales over Christmas.

The five Birdie Brunch finalists from Ludham Primary School visited Buckingham Palace on 6th March, for the awards ceremony, where they met Peter Jones, CBE, from the Peter Jones Foundation, and HRH, Prince Andrew, patron of the foundation since 2013.

Team leader, Callum Cruickshank, commented:

‘Before I took part in the Tycoon in Schools competition, I didn’t know what ‘profit’ meant, but now I do. This project has really made me want to run my own business.’

Heather Delf, Headteacher at Ludham said

‘The Tycoon in Schools competition has encouraged an exciting, ‘hands on’ approach to learning. By working collaboratively to solve problems, the children have developed their entrepreneurial skills, and gained a greater knowledge and understanding of the connection between work in school, and the wider world’

All the money raised by the young entrepreneurs will support Village Waters work in Africa. If your school or community group would like to support Village Water please get in touch.

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