Students given chance to run mini-firm
Lancashire County Council is encouraging the next generation of entrepreneurs and business leaders.
The council has given £1,500 towards the Young Enterprise scheme, a not-for-profit organisation, which will give the chance for up to 70 students in year 10 the chance to run their own mini-business.
Young Enterprise provides students with valuable experience and skills such as decision making, teamwork and problem solving.
They look after a business bank account, develop and sell their own product lines – with the chance of generating real profits.
Students are mentored by a local business person who volunteers to help them during the year-long program.
This new funding to support the scheme is from the county council’s Champion for Young People, County Councillor Kim Snape.
She said: “The county council’s funding will encourage secondary schools in Lancashire, which haven’t previously taken part, to join the scheme.
“I took part in Young Enterprise when I was at school. It was a really good experience which taught me lots of things that are still useful today.”