Are you a student looking for an exciting opportunity to learn about business and develop essential life skills? If yes, we are pleased to inform you that, Teach A Man to Fish is thrilled to announce the opening of applications for the 2023 edition of the School Enterprise Challenge.
This award-winning entrepreneurial program empowers young people to launch and run their own sustainable, profitable businesses. Not only do participants gain valuable knowledge and experience, but they also have a chance to win up to $20,000 in prizes. It’s time to unleash your entrepreneurial spirit and make a positive impact on your community!
School Enterprise Challenge 2023
The School Enterprise Challenge has been transforming the lives of students around the globe since 2011. This completely free educational program provides an incredible platform for young individuals to explore the world of entrepreneurship.
By participating in the Challenge, students not only enhance their business acumen but also contribute to the growth and development of their schools, communities, and social causes.
How Does the School Enterprise Challenge Work?
The School Enterprise Challenge comprises three stages and fourteen comprehensive lessons. Each stage focuses on a crucial aspect of running a successful business. Let’s delve into the details:
Step 1: Business Idea
In this initial stage, students will be guided through the process of generating innovative business ideas. They will learn how to identify market opportunities, brainstorm creative solutions, and evaluate the feasibility of their ideas. With the help of the provided resources and step-by-step lesson plans, participants will gain a solid foundation in entrepreneurial thinking.
Step 2: Business Plan
Once students have developed their business ideas, it’s time to transform them into concrete plans. Through a series of lessons, they will learn the key elements of a comprehensive business plan. Topics covered include market research, financial forecasting, marketing strategies, and operational logistics. By the end of this stage, participants will have a well-structured roadmap for their business ventures.
Step 3: Annual Report
The final stage of the School Enterprise Challenge focuses on monitoring and evaluating the performance of established businesses. Students will learn how to analyze financial statements, measure social impact, and communicate their achievements effectively. The annual report showcases the progress made throughout the year and highlights the positive outcomes generated by student-run enterprises.
Benefits of Participating
By joining the School Enterprise Challenge, students can unlock a range of benefits and opportunities:
- The 2023 edition awards up to 26 prizes. The prizes range from $180 to $5,000! Prizes total up to $20,000!
- Participating teams will also receive awards of either Bronze, Silver, or Gold level depending on their submission.
- Students and teachers will have the opportunity to gain experiential learning, a practical experience for business operations for students, and develop entrepreneurial skills and key life skills.
- Participating teachers will get to learn about business, and bring academic subjects to life through real-life examples, develop new teaching techniques, and boost their own CVs!
- Schools will gain global recognition, in addition, connect with a growing network of schools from all over the globe that are committed to preparing their students for the real world!
- Registered schools will receive Networking and career development opportunities for teachers, Mini-Competitions, which will help to Ignite their student’s creativity
- Additionally, there will be Certificates for teachers, students, and principals who can win a share of $20,000 in prizes.
The School Enterprise Challenge 2023 is open to all schools from all countries. These Include:
- Pre-primary schools
- Primary schools
- Secondary schools and
- Technical/vocational colleges.
- Universities are not allowed to participate
Application Process for School Enterprise Challenge 2023
The process of Participating in the School Enterprise Challenge is straightforward and flexible and does not require entry fees
- After successful registration, applicants will have an online account where they will have access to all the educational resources in other to successfully participate in the program in their school.
- Register via this link: https://www.google.com/https2Fapp.schoolenterprisechallenge.org
- The registration typically involves completing an application for
November 23, 2023.
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