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Students get a fair share

PUBLISHED: 11:11 02 December 2001 | UPDATED: 10:58 03 March 2010

ENTERPRISING Kesgrave students have been proving they mean business by setting up their own companies – and even selling shares.

Five groups of students from Kesgrave High School have entered into the fierce nation wide competition set up by Young Enterprise.

ENTERPRISING Kesgrave students have been proving they mean business by setting up their own companies – and even selling shares.

Five groups of students from Kesgrave High School have entered into the fierce nation wide competition set up by Young Enterprise.

In just a month they have managed to do their research and design and make their product – now all they have to do is market it.

Although the scheme has been running for some years Kesgrave's students have decided to add a different dimension by selling shares to raise enough capital to keep their businesses afloat.

Jane Wilson, head of business studies at the school, said as far as she was aware no groups had thought of selling shares before.

She said: "They have been selling their shares at school functions like open evening and will also be going around to fetes to sell some.

"They all have certificates to show that they are a legal company and it is great because they get so much out of it."

Two of the groups have decided to take a step away from the traditional arts and crafts that are usually sold as part of Young Enterprise and have decided to introduce new technology to the scheme.

They have designed and made CD-Rom packages to aid learning that could be sold in either schools or homes.

Abstract Illusions, made up of an 11 strong team, have decided to put what they have learned about running a business onto a CD to help others start up on their own.

They made £70 by selling shares for 50p a time at the school open evening.

Their idea is to provide a game that is as fun as possible that introduces running a business as if it were a real life situation.

As well as thinking of the product the team have also been given designated roles from managing director to company secretary.

Alan Edkins, managing director who is 15, said: "It can get quite hard sometimes.

"If you are friends with someone and you don't think they are doing something right how do you tell them?"

Another CD-Rom has been made by school company Debue who have made a learning CD-Rom for young children.

Their first one charts a day in the life of Andy the Alien right from when he gets up and brushes his teeth and also sees him going on a day trip.

Jade Cole, Debue's managing director, who is also 15, said that the CD was designed to help youngsters with their reading and that there would be a quiz at the end about the story to see how much they had understood.

She said: "We did research with younger brothers and sisters to see what they would read.

"The CD's are aimed at five year-olds as they would be starting to use computers at that age."

All the groups have been working hard in their own time to get the projects underway and the members at Debue are to spend a lot of their time writing stories so that they can offer a range of CDs,

However after a year their businesses have to fold, although it has been known for some to sell their prototypes on to other established companies.

Young Enterprise are now looking to find the best company in the country and in March the Kesgrave pupils will be attending Suffolk Eastern Area Finals where they will be competing against other schools in the area.

WEBSITES: Both groups are in the process of setting up their business websites.

To keep an eye on the progress of Abstract Illusion log on to: www.theonlinenet.co.uk/ai

Or for Debue, log on to: www.geocities.com/debue_online


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