Inspiring and developing our future wealth creators through entrepreneurship

Activities

There will be seven transnational meetings. Each of these meetings will be designed to support a specific aspect of the business plan.

How to set up a business: France

The objective of the first meeting is to analyse how a new business can be set up in each of the countries involved in the project. The students will meet local entrepreneurs and learn from their knowledge and experiences; the meeting will also include visits to a medium-sized and large business.

New product development and market analysis: Italy

This meeting will focus on how a local market can be analysed. Each team of students will present a PEST analysis of their local area and a detailed description of how one specific business, operating in a niche market, focuses its products on its customers. Visits will be made to a variety of local companies operating in niche markets.

Business finance: Spain

At this meeting students will explore the different methods of finance available to entrepreneurs when starting a business. This will include lectures, workshops and visits to local businesses.

Production: Portugal

In this meeting students will learn about different methods of production. They will visit local companies and learn about how they focus on efficiency, waste reduction and sustainability.

Marketing and promotion: Croatia

This meeting will concentrate on the marketing mix and specifically the different methods that can be used by businesses to promote their product or service. This will be supported by speaking to and visiting local companies and studying their methods of promotion.

Price: UK

The focus of this meeting will be the importance of price to the business plan. There will be presentations and workshops looking at the importance of pricing strategies to businesses and why it is important to get the price ‘right’. There will be visits to local companies to find out how they have decided on their pricing strategies.

The business conference: Romania

This is the final meeting of the project. The students will present a business plan for a product or service that they have developed over the preceding two years of the project. This will be an opportunity for the students to present and display their ideas to an invited audience from the local community.

Priorities

The overall priority is to help to develop and inspire young, ethical entrepreneurs and wealth creators of the future.
The project aims for the students to come up with business ideas.

During the project they will develop a business plan which will be presented at the final meeting. The students will learn a variety of skills including the practicalities of setting up a business and writing a plan. They will work closely with other team members and take on leadership roles. Effective communication and team working skills will be vital if the company is to be successful. Research skills and decision making will also be necessary as the students will need to consider their economic and competitive environment and decide on the direction of the business. At various points throughout the project the students will give presentations about developing a business plan and take part in workshops and visits to already successful companies.

  • Businesses and their aims and objectives.

  • Exploring product ideas

THE TEAM

Participating organisations

Launceston College

School/Institute/Educational centre –General education (secondary level)
Launceston College is larger than the average-sized state secondary school. It is situated in north Cornwall and it has recently acquired academy status; it is directly funded from central government and is not-for-profit organisation. It serves the town and surrounding rural villages. Most students are from a white British background, although there are a few students from a range of other ethnic heritages.

ISSEC Pigier

(ADMINISTRATION AND ACOUNTING TECHNICAL SCHOOL)Institut Spécialisé de Secrétariat et d’Etudes Comptables
The Pigier vocational high school is a private institute with a state association agreement. It has the title: Lycée des metiers (vocational high school), and focused on preparing students for work in the tertiary sector: office work, accountancy, sales and commerce. It is located in the city of Toulouse, and welcomes pupils of numerous cultural and social origins.

IPSEOA Arzachena

Istituto Professionale Servizi Enogastronomia e Ospitalita Alberghiera – IPSEOA Arzachena
Opened in 1964 as a detached section of a school in Sassari it gained its full autonomy in 1974. The school has proved its ability to train and educate professionals to a very high level both in tourism and in catering services.

IES PEDRO DE VALDIVIA

Instituto de enseñanza secundaria Pedro de Valdivia
The school is in a town of 25,000 inhabitants in Extremadura, the region of Spain with lowest incomes per capita. Extremadura is the only European region from Spain that receives Structural Funds from the European Union, earmarked for the priority regions in the Cohesion Policy for the 2014-2020 period. For this reason the regional government is investing in promoting a process of change towards a new regional production model based in the innovation and transformation of strategic sectors in our regional economy in order to be capable of generating wealth from our resources, by reducing our dependence on the public sector.

Esc. Prof. Agrícola Conde S. Bento

Escola Profissional Agrícola Conde S.Bento
The Escola Profissional Agrícola Conde S. Bento is a professional agricultural secondary school situated in Santo Tirso, 25km from Porto in the north of Portugal. The school has as its main objective to prepare young people in the agriculture and food sector but we also teach courses that contribute to the sustainable development of rural areas such as tourism and service and catering in restaurant settings.

Ekonomska i turistička škola Daruvar

School/Institute/Educational centre – Vocational Training (secondary level)
Ekonomska i turistička škola Daruvar is a medium-sized vocational school that enables students to get qualifications in various fields (economics, hotel and catering industry). It is located in Daruvar, a small town, economically quite unfavourable for young people, with not too many opportunities to find a job or develop their own business. Therefore, many families decide to move from such a socio-economically disadvantaged area.

Colegiul Economic Partenie Cosma

School/Institute/Educational centre – Vocational Training (secondary level)
With a number of 850 students and 70 staff members (teachers and other personnel) C. E. Partenie Cosma/ “Partenie Cosma” Economical College is among the first five schools in size in Bihor county and offers specializations in the economic field of „Services”. With a tradition of 85 years and remarkable results, the high school educates and trains students in the field of services with the following specializations: accounting and finance, tourism, commerce, catering, public administration. Our students are teenagers aged 15 to 19 years old.