Students told enterprise awards is a real life project

Tomás Hayes: This is a real life exercise

THE county final of the Kerry County Council backed student enterprise awards will be held on the Friday, March 22 in the Business and IT unit of the Institute of Technology, Tralee.

About 30 mini-companies set up by local second level schools will participate in the competition which promotes the development of innovation, idea development, business structure, sourcing of finance, marketing and sales and the presentation of a formal business plan.

A wide array of trading projects will be presented, including hand-crafted items, safety devices, jewellery and educational technology.

The students’ progress through the establishment of a mini company which trades over a period of a number of months.

Programme organiser, Margaret Murphy, said there is a big level of interest in the programme this year and she looks forward to judging day where the projects will be in full display. 

“Our judges will discuss projects with the students, review their plans and displays,” she said.

Tomás Hayes, Head of the Local Enterprise Office, noted that the programme has been running successfully for 17 years.

“This is a real life exercise. It involves idea generation and actual trading, with profits generated and finance secured.

“It is a taste of business and all the issues involved from finding the right idea, funding the business, collecting the money and building the team,” he said.

Prizes will be awarded at junior, intermediate and senior level with special awards for the best idea and the most innovative project. The winners will go forward to the national finals to be held in Croke Park on May 3.

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