Three New South Wales high schools and their students have been recognised for their entrepreneurial projects at the 2016 $20 Boss Awards.
The awards are the culmination of the month long in-school challenge and recognise young entrepreneurs and the schools that support them, with winners sharing over $40,000 prize money.
Developed by the Foundation for Young Australians (FYA) in partnership with the NAB $20 Boss helps young participants gain hands-on experience with skills like project management, budget, planning and business that will kick-start their preparation for the world of work.
The winners were announced at a ceremony in Melbourne:
- Most Enterprising School – Cedar Christian College (Awarded to the school with the highest average profit per student and high levels of student participation as well as a high contribution to their local community).
- Social Entrepreneur Award – M.E.G.A Clean by Eden Nesire, Abenezer Tilahun, Martin Samatepo, Guot Lual from Wagga Wagga Christian College (Awarded to business creating the greatest social/environmental impact).
- Most Successful Business Award – Belsulu Natural Products by Bella Tipping and Wusulu Yamba from Macquarie Anglican Grammar School Dubbo (Celebrating an outstanding student enterprise with great growth potential, good profits, strong impact in their community, sustainable and strategic ideas and great marketing).
Jodi Geddes, General Manager Corporate Responsibility, said the program has helped young participants gain hands-on experience in skills like project management, budget, planning and business that will kick-start their preparation for the world of work.
“We know that young people are increasingly interested in running their own business. Small businesses are a vital contributor to the Australian economy. The $20 Boss program gives them the opportunity to get a valuable head start toward that, building enterprise skills and entrepreneurial mindsets.”
FYA CEO, Jan Owen said the program is a prime example of enterprise education in action.
“$20 Boss attracted over 10,000 students from 237 schools across Australia in 2016 – another 10,000 young entrepreneurs in the making. This year’s awards demonstrate the incredible outcomes achieved when students are given the opportunity to flex their entrepreneurial muscle, build their enterprise skills and drive sustainable social change,” Ms Owen said.
“By investing in young people through enterprise education we will equip and inspire them for a radically different future of work, helping them build the confidence, skills and mindset to not only seek jobs but create them.”
About the winners
Most Enterprising School – Cedars Christian College
Cedars Christian College commerce students established and ran seven enterprises. The team addressed social and environmental challenges through their marketing and business statements. The students hosted a successful market day to show case their businesses, including homemade breakfast and bakery treats, doughnuts, safety cords for use in the wild, lollies, smoothies and pizza. Cedars Christian College students made a total profit of $1,020, and donated some of their profits to multiple charities.
Social Entrepreneur Award – M.E.G.A Clean by Eden Nesire, Abenezer Tilahun, Martin Samatepo, Guot Lual from Wagga Wagga Christian College
Year 11 students Eden Nesire, Abenezer Tilahun, Martin Samatepo and Guot Lual created their social enterprise to fill a gap in the local market for reasonably priced cleaning service and address water shortages in poverty stricken countries at the same time. Establishing the business from resources the group already had at home to provide cleaning services like car and window washing, the group donated much of their $1475 in revenue to the Jacob’s Well Appeal, which provides aid to children in third world countries.
Most Successful Business Award – Belsulu Natural Products by Bella Tipping and Wusulu Yamba from Macquarie Anglican Grammar School Dubbo
Belsulu Natural Products was created by Bella Tipping and Wusulu Yamba. Selling natural soaps in a range of fragrances with the bulk of the proceeds going toward the Make A Wish Foundation. Belsulu was promoted to the school and broader Dubbo community via local radio, as well as word of mouth. The venture was hugely successful with their efforts delivering a profit of over $1500. Bella and Wusulu are looking to continue their business and expand their range of soaps.