Young Enterprise Scheme celebrates 40 years of student success
By Katie Duncan | Posted: Sunday May 23, 2021
Last week the Young Enterprise Scheme (YES) celebrated its 40th birthday at Te Papa.
The Otago Chamber of Commerce is proud to have been associated with this inspiring organisation since its inception. We were delighted to celebrate our association with YES alongside John Douglas of South Otago High School who has run the programme at his school since 1981.
YES provides Years 12 and 13 secondary school students the opportunity to set-up their own company, create real products or services, compile and implement a business plan and make real profit or loss. Students learn and develop enterprising attributes through experiencing the value of innovative thinking. They also learn about business planning and operations, develop a range of personal and business skills including skills in teamwork, communication, problem solving, negotiation, and decision making; and consult with and create networks in their community.
Students also compete for a $25,000 national prize pool as well as regional awards and cash prizes and tertiary scholarships. They also have the opportunity to attend national business competitions and events and maintain business networks through the YES alumni and business incubator programmes.
The Chamber-based YES Regional Coordinators work with YES students throughout the school year. With the help of our supportive sponsors we have been able to cover the registration fees for all Otago students, provide director workshops and hold a range of events for students to participate in and network at.
For more good news about YES please read the latest ODT story here.