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Australia : Young entrepreneurs recognised with business awards.

Territory students have been recognised for their outstanding achievement in business and enterprise courses as part of the 2015 Northern Territory Youth Business Awards ceremony.Minister for Education Peter Chandler said the awards aim to promote the involvement of secondary school students in small business education and bring together industry and education to participate in the ongoing development of small business education.

The following recipients have received awards for:Operating a business Winner: Victoria Soto and Stevie Klose from Darwin High School for their business Shake Shack Gourmet .Operating a business Runner up: Kathleen Brigden and Madison Rigby from Good Shepherd Lutheran College for their business Brewed Awakening .Developing an operational plan Winner: Niamh Marah from The Essington School for a prospective business to be called Partners in Grime .Developing an operational plan Runner up: Charlotte Nheu from Darwin High School for a prospective business to be called Dolce & Acido .

Darwin High School has been awarded with a perpetual trophy for the Overall Winner category. Award finalists have shown enthusiasm and creativity in planning and developing concepts for a small business in the Territory market, Mr Chandler said. I take this opportunity to acknowledge schools and teachers for their support in delivering quality programs to the future business men and women of the Northern Territory.

The Department of Education and the Department of Business have worked together to deliver this year s Youth Business Awards, as part of October Business Month.This year s event has also seen a partnership with National Australia Bank, in conjunction with the Foundation for Young Australians, which allows students to compete in the $20 Boss Challenge.

Member for Blain Nathan Barrett said this program gives secondary school students twenty dollars to start their own business and through hands-on experience, they are responsible for project management, budgeting, planning and marketing their business to inspire innovation, creativity and an entrepreneurial spirit.

Under these respective programs, students have operated a range of businesses within their schools and communities, Mr Barrett said. These programs provide immersive, hands-on experience in topics such as project management, budgeting, planning and marketing, while fostering the entrepreneurial spirit. Mr Chandler said there are many young Territorians who will become our future entrepreneurs and I hope you all find success in business operation and management.

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Publication:Mena Report
Date:Oct 26, 2015
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