Small businesses are the lifeblood of the Australian economy and the engines of job creation, and with students at Cedars Christian College taking out the annual ‘Most Enterprising School Award’ at the prestigious national ‘$20 Boss Awards,’ the Illawarra’s future is bright.
Students at Cedars Christian College showed innovation and social engagement to help earn the school top place in NSW at the prestigious $20 Boss Awards.
The school was awarded $3000 and funding for students to attend the awards evening and workshop at NAB Arena in Melbourne. Organised by the Foundation for Young Australians and National Australia Bank, the award highlights the student’s achievement of highest average earnings per student, strong social and environmental business aims and community engagement.
$20 Boss is a national inter-school challenge, that lends students $20 of start-up capital to create their own business.
“The Illawarra’s dire youth job prospects are often highlighted, and so unleashing the potential of the next generation of entrepreneurs, including those who are passionate about creating businesses with social or environmental purposes is critical” says Year 9 Commerce Teacher.
“I’d like to see my students equipped to be job creators, not job seekers.”
Aimee Franklin-Van, 15, started Bare Wrists, which saw her convert para cord into survival braclets that have many uses in bush skills and wilderness survival, stretching over 2.5 meters.
“Raising awareness of safety in the bush and the benefits of getting outdoors as a young person is my aim,” said Aimee.
“I used connections through Scouts to raise awareness of bush safety and survival. Face to face relationship marketing was successful for increasing engagement with my audience.”
In the month-long competition she made some profits, and is continuing to offer her products amongst her network.
There were a number of strong ideas in the group of Commerce students including Madelyn Groeller, 15, Emma Atcheson, 15, and Jessica Humphreys, 15, starting ‘Sweets n’ Treats’ to address issues of social isolation amongst youth.
“Our business sells desserts with the purpose of increasing the interaction amongst students across the different year groups,” said Jessica.
Aimee and Madelyn have been invited to Melbourne to accept the award on behalf of our College.
Rachel O’Neill, NAB State Director – NSW, QLD, NT & ACT Government, Education & Community Business, said the program has helped young participants gain hands-on experience in skills like project management, budgeting, planning and business acumen that will kick-start their preparation for the world of work.
“At NAB, we believe everyone deserves the best start in life. By investing in opportunities for the next generation we are investing in the future of our country and our business,” Ms O’Neill said .
Year 9 Commerce students at Cedars took part in the program, with a portion of the funds raised going toward charities.
Cedars was awarded the prize because it had the highest average profit per student and high levels of student engagement.
The program is an immersive learning experience that builds financial literacy and enterprise skills, and looks set to benefit the future prospects of these young people well into the future.