Dragon’s Den Star Peter Jones CBE Crowns Year 11 Students For This Year’s National Enterprise Competition For Schoolchildren
Dragon’s Den star Peter Jones CBE crowns IT equipment hire service Lease 2 Learn as this year’s winners of his national enterprise competition for schoolchildren – Tycoon in Schools.
The team of six students all in Year 11, from Westborough High School in Dewsbury, won £1,000 for their business during a ceremony held at Buckingham Palace, hosted by HRH The Duke of York.
Lease 2 Learn was also given £280 start-up loan by the Peter Jones Foundation to launch their idea in October, which gives everyone access to technology to help them succeed.
They aim to create a level playing field after research revealed that over a third of students, at their school, did not have access to a computer or laptop at home.
The team was selected by a panel of judges for having the highest profit ratio of 1,839% during an intensive trading period throughout November and December last year.
Tycoon in Schools encourages young people to get involved in business by giving them a start-up loan to start a business whilst at school or college.
This year’s competition, which for the first time expanded into primary schools, had over 2,000 student applicants from across the UK.
Blue Bowtique, a team of eight primary school children from Barnby Road Academy in Newark, were runners up after achieving a 1,544% profit ratio for their business – making and selling hair bows to the local community.
Lukman Patel, Director of Learning Business & Ethics at Westborough High School, said: “We’re honoured to be the winners of Tycoon in Schools 2016 – and incredibly proud of how hard our students worked to get here. It’s really important to educate children about running a business, and Peter Jones’ Tycoon in Schools has provided a fantastic and inspirational experience for the Lease 2 Learn team.”
Peter Jones CBE said: “Lease 2 Learn really stood out amidst the competition. The team blew me away with their professionalism – and most importantly, their business idea to support other students’ from their school.”