Young Entrepreneurship Masterclasses Completed…

…With a celebratory event! As you may remember from my previous posts: Introduction to Entreneurship for Year 6 Students, Part I and Part II, the 8 primary schools from our local Roehampton and Putney areas came back to the University today to present the progress on their entrepreneurship projects from the past month or so. They presented in teams in front of a panel of real life entrepreneurs and teachers from the University’s Business School.

Impressions

It’s not an exaggeration to say that we were all really impressed. First of all, each and every team displayed great creativity – we had everything from theatre-style presentations to short videos. We heard some excellent ideas including books with recipes from around the world, customizable T-shirts, homemade goods and card games, to mention but a few. Even more amazing was the fact that most teams managed to end up with very healthy profits, which, in some cases, were even more than double their initial £50 start-up capital.

Some of the entrepreneurs from the panel gave brief presentations about how they started, how they got their business ideas and their highs and lows. The pupils asked lots of very well thought out and thorough questions, which impressed everyone.

In the end, they walked away with certificates and praises from everybody for their good work.

And now what?

This was a pilot project for schools, run by the University and Young Enterprise London. Due to the massive success and fantastic results, we are all really eager to repeat similar initiatives in the near future to spread the word to the younger generations: entrepreneurship is an exciting career choice with lots of potential for those who have the ideas, the energy and the commitment to devote to starting their own business.

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About Christina Tsirou

I work for Roehampton University in South West London as the Research and Business Engagement Officer. The Research and Business Development Office, which forms my department, was created recently, and therefore I am the first holder of the above mouthful-of-a-role. This is very exciting, as I get a lot of freedom in forming tasks and developing areas of responsibility for the post. At the same time, it is also very challenging, as how things will be organized and work in practice remains to be seen. Together with the rest of the team, I contribute to various aspects of the so-called “third stream income generation activity” on behalf of the University. Third stream income is a relatively new term, meaning revenue that comes from outside the traditional sources of government funding and tuition fees. Some sources of third stream income can be Knowledge Transfer Partnerships, IP Commercialization, business start-ups and spin-offs, Development and Innovation Grants, executive courses, and partnerships with the private and public sectors. I am also heavily involved in the team’s efforts to encourage entrepreneurial thinking and work across campus by coordinating internal and inter-collegiate events and workshops for both students and academics. Finally, part of my work is devoted to fostering strong links with the local community, mainly through relationship-building events.

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