The enterprising ideas of a group of young entrepreneurs have won them £1,000 in an annual schools competition.
Team Tempest from Bede Academy in Blyth, walked away with the top prize in the Emmanuel Schools Foundation (ESF) Business Game after a week developing their company around a tracker device product for children.
The team, Anna Bower, Bethany Appleby, Taylor Glover, Terence Bell, Joe Fell, Liam Watson and Jay Cook, each had a role in the company and carried out market research, forecasted financials, honed the product and worked on sales, marketing and branding during Global Entrepreneurship Week.
The eight themes students could choose from included wearable technology, a new brand of chocolate or breakfast cereal, a new app, or a product or service to benefit pets, to use on the beach or to help parents of children aged under three.
After working on their ideas three teams from each school – Bede Academy, Emmanuel College, in Gateshead, The King’s Academy, Middlesbrough, and Trinity Academy, Doncaster – presented to a Dragons’ Den-style panel of judges.
After questioning each team, the judges selected a shortlist of five before announcing the eventual winner, Tempest, and runners-up Just Pink, from Emmanuel College, who received £500.
Tempest’s tracker device is aimed at children aged two to ten who might go missing in a shopping centre or crowded place, and also to help the careers of older people suffering from dementia.
Business studies teacher at Bede Academy, Jennifer Bell, said: “Team Tempest’s idea was brilliant and they completely sold it to the judges with a persuasive presentation.
“All in all, it was a great day for Bede Academy.”