Student teams use Haverhill market for enterprise challenge boost
Haverhill students put their entrepreneurial skills to the test when they went head-to-head as part of a friendly competition last weekend.
Pupils from Samuel Ward and Castle Manor academies were invited to host stalls as part of the St Edmundsbury Borough Council-run arts and craft market held in Market Square, Haverhill, on Saturday.
A handful of teams from both schools are currently taking part in ONE Haverhill’s enterprise challenge which gives them eight-weeks to create a profitable business using a start-up grant of £50 to design, make or purchase a product or service.
Participants are able to sell at their school as well as to family and friends but Saturday’s ‘youth market’ gave them an opportunity to expand their customer base to include members of the general public.
All the competing teams have opted to give up to 25 per cent of their profits to charity, with Help For Heroes and the Children’s Wish Foundation among those chosen.
Jacqui Singleton, Samuel Ward’s work related learning coordinator, said of the project: “It’s to encourage young people into the reality of running their own business and gives them a taster of the responsibilities that come along with running a business and a look at what’s involved in making a successful profit.”
Claire Diamond, business teacher at Castle Manor, said: “I am very proud of the maturity of the students involved and it’s evident how much the competition has benefitted them and developed their enterprise skills. The students are really enjoying working together in competition and their interaction with the public has boosted their confidence levels.”
Last year’s winning team ran a drama and dance workshop for Year 5 and 6 children and made hundreds of pounds in profits.
This year’s teams include one group which is using its school’s laser cutter to manufacture key rings to sell.