A TEAM of budding young entrepreneurs from Berwickshire has been shortlisted to win a Young Enterprise Scotland (YES) Award for running a successful company.
Pupils from Eyemouth High School formed Vintro and are in the running to scoop a prestigious Company of the Year accolade at the awards taking place this week, with a chance to bag a host of other titles including Best Trade Stand of the Year and Best Presentation of the Year.
The company, made up of seven pupils, sold an array of vintage and retro clothing to the local community as part of their enterprise and it proved very successful.
Their business brains have already been strong enough to beat a host of teams from other Borders schools to become the region’s representative in the final.
The YES Awards celebrate the success of its Company Programme, which is designed to inspire young people to test out their business ideas by starting up small companies as members of a dynamic team.
Pupils aged 16 to 18 set up and run their own company in schools over the course of an academic year, electing a board of directors among their peers, raising share capital, marketing and financing a product or service of their own choice in order to gain valuable lessons about all aspects of business operations.
At the end of the year they liquidate the company and present a report and accounts.
Last year, the Company Programme was re-launched to move mainly online with a new dedicated website for all UK companies.
Students can save their minutes online, e-mail one another and have access to all resources through the company’s own secure area of the site.
Stuart Miller, chief executive of YES, said: “Congratulations to the pupils of Eyemouth High School. All of our shortlisted candidates have gone above and beyond to overcome challenges in business over the last academic year.
“The programme has tested the pupils at times, but enabled them to develop and learn from the experiences they now share. Each school deserves to be recognised for its hard work and I am looking forward to seeing the overall winners on the night.”
YES has a network of over 600 volunteers across Scotland over 17 area boards which support the delivery of the programme in schools in their area. The awards will take place on June, 12 at Glasgow’s Thistle Hotel.