A TEAM of teenage entrepreneurs from a school in Hucknall is heading into the Nottinghamshire finals of a prestigious business competition.
The group of 11 sixth-form students from Hucknall National Church Of England Academy have impressed as part of the long-established HSBC Young Enterprise Awards scheme.
Under their business name, Spectrum, the 16-to-18-year-olds have set up a venture where they sell packets of seeds which produce flowers that correspond with the colour of a particular birthstone.
They are ideal as birthday gifts and come with gloves, soil and biodegradable pots.
Other products include sunflower planting-kits for children.
At the area finals of the competition, Spectrum took on six other schools from Ashfield at Mansfield Town Football Club’s Field Mill ground.
They had to give a presentation of their business, complete with video footage.
Spectrum won the prize for best presentation and also came second overall, which has qualified them for the county finals next Wednesday (April 25).
Jim Parker, head of business at National Academy on Annesley Road, has been heavily involved in the Young Enterprise project.
He said: “It’s fantastic. To get through to this stage is a real credit to the pupils and the school.”
Work to form Spectrum began last September. Students have had to come up with a business model, register the company and open a business bank account and even have to pay tax on any profits they make.
Once a product was decided, they had to set about raising funds to get the company off the ground. Initiatives have included cake sales at parents’ evening and selling roses on Valentine’s Day.
Pupils have also carried out their own market research.