Students from Gower College Swansea have been putting their business brains to good use this week by taking part in the annual Global Enterprise Challenge College Final.
The Global Enterprise Challenge is a Welsh Government endorsed scheme that provides young people with the opportunity to develop the skills necessary to assist them in the transition from college to work, including the ability to develop and nurture career-focused skills in areas including team work, communication, leadership, enterprise and creativity, innovation and time management.
“The students, in teams of seven, have been given a virtual budget to either buy or rent a shop in Swansea City Centre to create an exciting new business that will revive and boost the economy of the town centre. The business must attract the interest of local young people, increase tourism and become profitable,” says Enterprise Officer Lucy Turtle.
The teams worked together to complete their business plans before pitching their final ideas to a panel of judges who were looking for creativity, sound financial planning and evidence of market research.
One team will be picked to represent the College at the Welsh Global Enterprise Challenge in Cardiff on 10 March.