Tycoons 2K

Posted at 10:13 am on 30th March, 2022

At Flixton Girls School (FGS) we aim to provide a broad understanding of the world in which our students live and enhance their academic learning, alongside additional health and wellbeing projects. During our recent Health and Wellbeing day groups of students from across years 8 and 9, worked on their own enterprise projects to generate business ideas and models. Eight groups were then invited to present their business model for judging by our very own ‘Dragons Den’ panel.

All the groups performed well and presented some excellent business ideas. However, only two could be shortlisted for inclusion into the Peter Jones Foundation Enterprise competition, ‘Tycoon 2Kl’. Our two groups, MORM and Fluffy Friends, now have to formally apply for funding to make their business ideas a reality. Following submission of their official on-line business plan a formal review by the team at the Peter Jones Foundation, including Peter Jones CBE, will take place.

Both our teams must ensure the facts and figures of their business plan are spot on and include a business overview, aims, personnel, operations, marketing, financial costs and forecast as well as their considered contingency plan. They are working to tight deadlines to make sure they are in with a chance of being offered funding for their projects. This project enhances students by combining their skills for communication, innovation, digital and finance, teamwork, leadership, problem-solving and resilience. These types of skills are so important and can be used now, during their academic journey and beyond.

Our teams are MORM – Maisie Elliott, Olivia Turner, Robyn Makin and Megan Duffy, who pitched their ‘Care Packs’ business idea. They wanted to help remove the stigma around periods. With their care packs they hope to help make young girls and women feel more comfortable whilst on their period, as well as educating them about period health. The packs contain a variety of items to support users with period symptoms.

The group agreed by taking away the stigma it would allow girls to feel more comfortable. They hope to smash their target and any profits raised will be donated to ‘Freedom to Girls’, who help to combat period poverty.

Fluffy Friends – Penny Carline, Bella Martin and Georgia-Rose Ramage who pitched their eco-friendly dog kit. They wanted to provide specifically eco-friendly toys and treats, made in the UK. They were concerned about first time dog owners being bombarded with choices, and not being aware of the harmful chemicals and low quality dog toys on the market Their products meant the research had already been done and the product choice were high quality, natural, healthy and safe.

They said, ’The idea came about as many friends and family members had recently purchased pets so it was an ideal way to find local market research.’

Mr Cant, Teacher of Business said, ‘I was really impressed to see the high standard of final presentations on the day. The two winning groups presented some excellent ideas and I am sure they will get the business investment from Peter Jones to take their ideas forward to the selling stage.

We wish both teams every success with completion of the evaluation process and we look forward to hearing about their onward journey into the world of business.