Young Enterprise Company Programme

1. Young Enterprise Company Programme Overview for Schools

2. Agenda • About Young Enterprise • Key features of the Company Programme • Highlights of the YE Year • Benefits to students • The link teacher role • Next steps

3. About Young Enterprise • Founded in 1963 • National business-education charity • Run a range of programmes for young people aged 4 - 24 • Supported by businesses and volunteers • Learn by doing principle • In excess of 210,000 students in UK Junior Achievement International • Provides service and technical support to 112 member nations worldwide. • 6 million students

4. Mission ‘to inspire and equip young people to learn and succeed through enterprise’ Vision ‘That all young people will have the opportunity to gain personal experience of how business works, understand the role it plays in providing employment and creating prosperity, and be inspired to improve their own prospects and the competitiveness of the UK’.

5. Organisational structure of YE UK UK Board UK Chief Executive Regional Board Regional Chief Executive Strategic Board Development Manager Area Board Link teachers Business advisers Achievers Supporters

6. Key Features of Programme Achievers - (6-25) 15 to 19 years old... • set up and run their own company from Sept - April • elect a board of directors • raise share capital • market & finance a product or service • regularly review and record progress • liquidate the company - at end of year • present a report and accounts

7. Highlights of the YE year • Competition • Trade Fair

8. Company Competition • At the end of the academic year • Runs at local, regional and national levels. • A variety of awards are at stake including the UK Company of the Year title which includes a trip to compete in the European finals. • Competitors summarise their year in business and the skills they have learnt, through their end-of-year report, an exhibition stand and a short presentation.

9. Trade fairs • Organised by local Boards • Opportunity for Companies to exhibit & sell good to the public • Can compare their performance with other YE companies • Local dates and venues

10. Benefits to students An understanding of • how a business works • how wealth and employment are created Personal development • the ability to work in a team • improved communication skills • more enthusiasm and self confidence • willingness to take responsibility and initiative • time management skills experience of key business functions such as • management • marketing • innovation and product development • financial management • sales, customer care • personnel management

11. Benefits to students ..continued Key Skills development -Company Programme can be used to evidence: • Communication • Application of Number • ICT • Working With Others • Improving Own Learning and Performance • Problem Solving They can also contribute to Citizenship and PSHE.

12. Benefits to students…continued Optional Qualification • Conducted and awarded by OCR (Oxford Cambridge RSA) • Optional for students who have run a Young Enterprise company. • Aims to find out what a candidate has gained from the Young Enterprise experience

13. Optional YE Qualification • Administered by OCR • 2 levels • Two units per qualification • Unit 1 - assignment (any time in year) • Level 1 -reviewingan individual’s contribution to a YE company • Level 2 -assessingan individual’s contribution to a YE company • Unit 2 - examination (Spring) • Level 1 -reviewingthe performance of a YE company • Level 2 -assessingthe performance of a YE company

14. The kit for students • Director pack • CD ROM • Website support

15. The Link Teacher Role • Vital for success of the programme • Focal point between business volunteers (Adviser) and students throughout the life-cycle of the company from September to April • Link Teachers must be available to facilitate a weekly board meeting 1-2 hrs between students and Adviser • Outside curriculum time: during lunch breaks or at the end of the school/ college day. • Programmes can be run in-curriculum if negotiated with the Young Enterprise Area Board.

16. Adviser screening • Volunteers from business • Criminal Records Bureau (CRB) checks • Legal requirement for people working with young people

17. Advisers Source of knowledge Motivator Consultant Facilitator of learning Guardian of safety & quality Catalyst for innovation Code of conduct Link Teachers Raise awareness of YE in school Facilitate Administration Promotion Support achievers Support advisers Relationship to adviser

18. Running the company Meetings • Weekly • Agenda issued in advance • Establish a routine • Involve production session • Monthly Board meeting • All Achievers attend • Review progress & make decisions on future Production • All achievers involved • Function Directors plan & do admin • Christmas market Adviser • Support, motivate, guide

19. Other resources • YE Development Manager • Area Link Board Member • Training events • Seminars • Trade fairs

20. OFSTED Inspections • Feedback from schools provides clear evidence that Young Enterprise programmes are viewed positively during Ofsted inspections. • The Ofsted report "Extending Work Related Learning at Key Stage 4" (June 2001) refers positively to the "clear distinctive features such as Young Enterprise in qualifications other than GCSE, NVQ or GNVQ" under the heading of "The Design of Work Related Programmes". • Inspection teams should be invited to visit Young Enterprise programmes in action at your school.

21. Pre-September 2008 Funding the programme and registering the school Presentation to students Link teacher training Matching you with adviser/s From September 2008 onwards Registering the students Introducing the adviser/s Running the company Getting started

22. Next steps Please let your board member know if you would like to run Young Enterprise Company Programme starting in September. Contacts for you • Chair of London South Central Board is Andy Tomkinsandy.tomkins@i2a.co.uk • YE Development Manager is Dwain Reid or Rosalind Moody 020 7549 1980