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School children to compete for Hyundai business awards

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Hyundai business awards

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27 February 2015

Hyundai business awards
Hyundai is hoping to inspire the next generation of entrepreneurs

HYUNDAI is backing young people business start-ups from schools across the UK with its ‘Skills for the Future’ initiative.

Pupils from six schools – Highcrest Academy, High Wycombe; John Colet School. Aylesbury; Ysgol Gyfyn Gymraeg Llangynwyd, Bridgend; Holmer Green Senior School, High Wycombe; St John Fisher Catholic High School, Harrogate and Cirencester College, Cirencester – have been involved in the business project.

For each school, a team of between eight and 11 pupils between the ages of 14 and 17 have come together to form a business.

All businesses have been developing a new product or service that has a connection to the car industry and its needs. With the help of a link teacher and a mentor from Hyundai, the students are working on plans to raise capital, manufacture, market and sell their new proposition.

In April, each business will come together at Hyundai’s Training Academy in High Wycombe to compete for the title of ‘Best Business Enterprise’.

In April, each business will come together at Hyundai’s Training Academy in High Wycombe to compete for the title of ‘Best Business Enterprise’.  All teams will pitch their business ideas to Hyundai’s board executives who will select an overall winner. The winning business will go through to the European finals that will take place in Prague, Czech Republic between the 8-10 June. Here, each successful business from participating countries across Europe will pitch their ideas to a panel of judges from Hyundai Motor Europe, JA-YE, and industry experts.

The winning team will hold the title of ‘Best Skills for the Future Student Company in Europe’, and will receive invaluable practical training throughout the competition, ultimately enhancing employability and work readiness.

Tony Whitehorn, CEO of Hyundai, said: “Hyundai Motor UK is inspiring the next generation of budding entrepreneurs across the country and helping them to reach their potential.

“Hyundai’s Skills for the Future programme is an excellent way to help increase the employability skills and entrepreneurial spirit of students, not just here in Britain, but also across Europe.

“We are committed to investing time and resource into ensuring that young people are ready to compete in today’s highly competitive job market.”

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