Lion Foundation Young Enterprise Scheme – YES
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The Young Enterprise Scheme (YES), a school-based business programme, runs internationally and in New Zealand secondary schools at years 12/13. It fosters tomorrow’s entrepreneurs, giving them the opportunity to form a company, create a business plan, and produce goods or services to sell. Students learn all aspects of running a business including budgeting, decision making, identifying and managing risk, market research, marketing, selling, and annual financial reporting. Companies are liquidated at the end of the YES year.
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This is a ‘live’ business experience, involving real money, taxes, product and profit. These companies compete directly with each other and all New Zealand businesses for their market share.
Enterprise North Shore, the economic development agency for the North Shore, believes a YES experience will foster the establishment of future businesses within North Shore City. ‘A key part of economic development is to foster tomorrow’s entrepreneurs’. Yes Success Stories
Enterprise North Shore provides a regional co-ordinator to bring together teams, secondary schools and the business community. YES event organisation, training workshops, a trade fair, mentor liaison, regional sponsorship management, communication & motivation are services provided by the co-ordinator, towards this first real experience of the economic community.
The programme runs over a school year and involves events that reflect business activities, in the region and at a national level, with a supreme business award being presented nationally in November.
Want to be involved?
Contact the YES Regional Co-ordinator to discuss opportunities for mentoring, sponsorship, participation.
For more information on the scheme you can visit the Enterprise Trust New Zealand website the Innovation Hub (IHUB)
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North Shore Regional YES Successes
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2008
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Team: Cyan
Westlake Boys High School
Product: Electronic Business Card
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2007
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Team: Novulus
Westlake Boys High School
Product: Electronic Key Finder
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2006
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Team: Sock-It
Carrmel College
Product: Double layered sock to prevent blisters
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Todd Corporation Ltd Award for Young Enterprises
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2006
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Team: Creative Freedom
Long Bay College
Butter-up Stix. Fresh butter in a roll up stick
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MOVAC Award for High Growth
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2005
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Team: Adrial Enterprises
Westlake Girls’ High School
Exercise Programme
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New Zealand Trade & Enterprise Award for Technology
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1996
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Team: Picture This
Westlake Girls’ High School
Product: Picture Frames
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ANZ Bank Award for Financial Management
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YES North Shore Region Sponsors