Col­lege pupils pitch their new ideas to a panel of ‘dragons’

Macclesfield Express - - SCHOOLS NEWS -

YOUNG en­trepreneurs took part in a Dragons’ Den in­spired chal­lenge to help hone their business skills.

The as­pir­ing Alan Sug­ars from Mac­cles­field Col­lege are all in their sec­ond year of a BTEC Level 3 Ex­tended Diploma course in Business Stud­ies and have been study­ing ‘Start­ing a Small Business’ and ‘Mar­ket Re­search’ mod­ules.

And to help put their train­ing into prac­tice the stu­dents were tasked with pre­sent­ing business ideas to a panel of ‘dragons’.

Ideas that the six stu­dent teams came up with in­cluded a frozen yo­ghurt mo­bile van, a smooth­ies bar, a Mediter­ranean shisha bar, a diner, an aqua bar and a sports bar.

Each group had 20 min­utes to sell their business idea to the panel and were judged on the amount of re­search they had done, the busi­nesses’ fi­nan­cial vi­a­bil­ity and their style of pre­sen­ta­tion.

The Dragons com­prised of Sue Gill, the col­lege’s vice prin­ci­pal, Robin Tait, business ad­viser at Natwest, Ian Shen­ton, a man­ager at Bar­clays Bank and Lee Vick­ers, a per­sonal ad­vi­sor at Bar­clays Bank.

Ian Shen­ton spoke to the pupils at the be­gin­ning of their stud­ies and was in­ter­ested to see how their ideas had de­vel­oped into pro­fes­sional pre­sen­ta­tions.

After the event he said: “I would like to say a huge thank you and re­ally well done to the stu­dents for their ef­fort. It was so good to see how much it meant to them and the work they had put in.

“This ac­tiv­ity was a true credit to them and we have been de­lighted to be in­volved and I look for­ward to help­ing more in the fu­ture.”

Like the hit tele­vi­sion show Sue Gill got into her role and grilled the teams about their cash flows and profit and loss state­ments.

She said: “It was a hard decision to judge a win­ner but after much de­bate ‘Dolly’s Diner’ was de­clared the win­ning team hav­ing done ex­ten­sive fi­nan­cial and mar­ket re­search into their business propo­si­tion.

“The em­ploy­ers stated that they were very im­pressed with the qual­ity of all the pre­sen­ta­tions which were a lot bet­ter than they had ac­tu­ally seen on the TV pro­gramme, but the one for ‘Dolly’s Diner’ was par­tic­u­larly im­pres­sive.”

“Ca­role Uske and Char­lotte Thomp­son, teach­ers on the business pro­gramme, said how they were re­ally proud of the out­stand­ing pre­sen­ta­tion and com­mu­ni­ca­tion skills which had been de­vel­oped by all stu­dents since join­ing the pro­gramme in Septem­ber 2013.

“The ex­pe­ri­ence and un­der­stand­ing of start­ing a business they have gained from tak­ing part in this scheme will be in­valu­able in their fu­ture ca­reers.”

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.