Students from Macclesfield College have put their business skills to the test after taking part in a Dragons’ Den style competition.
The young entrepreneurs, who are currently studying for BTECs in business, were part of four teams tasked with creating a business idea.
They then had to present their plan to a panel of experts which included Nick Bianchi, MD of Arighi Bianchi; Ian Cottrill, business relations manager at Franklyn Financial Management; Martin Wright, governor at Macclesfield College; and Chantelle Dewberry, assistant principle at Macclesfield College.
Each team presented a unique proposition.
‘Final Course’ presented a dessert making business, while ‘The Noodle Bar’ showcased a fast food takeaway and ‘Part of the Pack’ described a pet care service.
The fourth business, ‘Provide and Ride’, outlined a taxi service collecting clients from the airport as they return from holiday before providing them with food essentials such as milk and bread.
Colleges in Cheshire:
- Cheshire College South & West
- Macclesfield College
- Reaseheath College
- Warrington & Vale Royal College
All students had to carry out market research ahead of their pitch and prepare detailed financial information to prove the validity of their business models.
There was a prize for the most viable idea, and it was Part of the Pack who impressed the judges the most.
“Part of the Pack showed first class presentation skills and also delivered a well prepared presentation,” explained course leader Carole Uske.
“This real life scenario tied in well with current units being studied by the learners such as ‘Starting a Small Business,’ ‘Market Research’ and ‘Business Accounting’ and provided the students with the opportunity to demonstrate employability skills such as teamwork, negotiation and leadership.”
Carole continued: “Getting the chance to develop presentation skills was beneficial too as this will be very important when applying for a job role in industry once they finish the course.
“I was very impressed at the way the teams pitched their ideas and was proud of every learner who took part with such enthusiasm.”