Enterprise Matters

Leaders in enterprise and financial education

Term 2 2012

DairyNZ Get Ahead Challenge 2012 kicks off Relevant teaching makes financial sense Student story: Three years of YES Students get cooking with Martin Bosley YES Ambassador announced www.youngenterprise.org.nz

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CONTENTS 3

Talking about enterprise ¯ CEO Terry Shubkin

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Headline News ¯ DairyNZ get ahead challenge kicks off ¯ 2012 Business Hall of Fame laureates named ¯ Achievement Standard credits increase & More

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Student Success ¯ BusinessNZ Challenge on the road ¯ E-Day Action

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Interview ¯ We W talk to Tina Rose-Dutton, Cambridge High School, and Desiree Reyneke, Howick College about teaching financial education

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Programme News ¯ PrEP ¯ Enterprise Studies ¯ BusinessNZ Challenge ¯ Lion Foundation Young Enterprise Scheme ¯ Financial Education ¯ Enzo Peace: Three years of YES – set up for my future

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Connecting business with schools ¯ YES Ambassador announced ¯ Crown Research Institute steps forward to help YES students

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Important Dates

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The close

Inspiring, Educating and Transforming Students through Enterprise Experiences

Visit www.enterprisematters.org.nz and subscribe to Enterprise Matters for Free & receive your own copy four times a year www.youngenterprise.org.nz

TALKINGABOUT ENTERPRISE CEO Terry Shubkin

Enterprise Matters is a publication of the Young Enterprise Trust

T

he long weekend of Easter was a wonderful break for me. The weather was outstanding and allowed plenty of time to spend with family, hiking, fishing and generally relaxing. It also gave me a good opportunity to catch up on a number of books that I have had on my reading list for a while.

Charities Commission Registration Number: CC21103 Editorial Content Paul Newsom Contact Paul on 04 570 3984 or paul.newsom@youngenterprise.org.nz Address Young Enterprise Trust, First Floor, 66-70 Bloomfield Terrace, PO Box 31545, Lower Hutt 5010, NZ

www.youngenterprise.org.nz Art Director Jodi Olsson Publisher Espire Media Po Box 137162, Parnell, Auckland 1151 Enquiries: Phone Alastair on 09 522 7257 or email alastairn@espiremedia.com

This is a GREEN MAG, created and distributed without the use of paper so it's environmentally friendly.

Please think before you print. Thank you!

Cover picture: ‘Enjoying the E-day at Whakatane’. Photo credit: NZICA

One such book came highly recommended to me earlier this year. It’s called The Global Achievement Gap and it is written by US-based educational expert, Tony Wagner. While the book focuses on the US education system, there are many parallels to New Zealand and to some of the many debates that are happening right now about our education system. Like all books of this nature – there were bits I agreed with and bits that I disagreed with, but overall it gave me good reason to think of things from a different perspective.

The book focuses on whether schools are teaching the survival skills that our young people need to get ahead in the modern world. When I left school, it was easier for schools to prepare students for the workplace than it is now. There were less career options but more jobs and the expectations of employers were lower than they are today. Times have changed and therefore what is being asked of schools has also changed. Schools are challenged with understanding what businesses want – not for today, but for tomorrow when their students are job-ready.

Never before in history has business gone through such a fast-paced transformation and the end is not in sight.

Digital technology has changed the way we communicate and collaborate and has

sped up the pace of change. Globalisation means that we are no longer competing with a company or employee down the road – we are competing with the best the world has to offer. There are industries that are booming today that were not in existence five years ago. Social media is a classic example of new companies growing to significant value in just a few short years. Instagram has just been sold for $1B to Facebook, yet the company is only two years old.

So, if businesses are struggling with the pace of change and therefore cannot predict the skill sets they will need in five or ten years time, how can schools be asked to deliver those skills? In the book, they interviewed the CEOs of a number of different, large corporations to ask what they look for most when they hire. Interestingly, none of the CEOs interviewed talked about specific skills. Instead, they look for people who ask the right questions, who are good at problem solving and can work well with others. They are looking for critical thinkers and lifelong learners.

We are fortunate in New Zealand to have a curriculum which is ahead of most others in the world and the key competencies are exactly what CEOs are saying they look for in employees.

This is summarised by the first vision statement which is to produce creative, energetic and enterprising young people.

If we, as a collective, can accomplish this for all NZ students then we will help to raise our country in the global stakes.

Terry Shubkin Chief Executive www.youngenterprise.org.nz

HEADLINENEwS w wS

2011 DairyNZ Get Ahead Challenge winners from Takapuna Grammar School.

The Challenge goes live on 1 May, when the resources will be made available to teachers who have registered. The free teacher workshops will be held in various locations around the country. When you have registered for the programme, we

Easy to implement and aligned to the curriculum, with free lessons, resources and professional development workshops, this will be a fun and authentic way to engage your students. The challenge ends with a national competition, with great prizes for the students and your school, up for grabs.

will contact you about coming along to a

A team from Takapuna Grammar School took out first prize last year.

Teacher Emma Johnson completed the Challenge with sixty students, and was impressed with the resources and lesson structure. “I loved the Challenge and am doing it this year again, hopefully with more kids! I will often rave about it to others given the chance. It was great learning, hitting multiple curriculum key competencies and values as well as being great fun to do, for me as well as the students!”

SGHS. First, the students learn about

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workshop to get you started.

Teacher Ernest Li, from Southland Girls High School, also found the Challenge very worthwhile last year.

‘We especially appreciate how well the Challenge matches our curriculum at an industry that is regionally vital and that offers diverse career pathways.

Second, they extend their experiences in enterprise work from earlier in the academic year. Finally, this topic serves as a valuable introduction into the topic of business, environmental and social sustainability. They see the benefits and opportunities offered by the agricultural industry in New Zealand, and have that as a backdrop for investigating the socioenvironmental challenges it presents.’

At the time of writing, there are over 60 schools and close to 3,000 students registered to participate this year. Click here for full details of the Challenge and you can register online at www.youngenterprise.org.nz/ onlinelinktoregister.html

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Great learning, hitting multiple curriculum key competencies and values as well as being great fun to do, for me as well as the students.

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DairyNZ Get Ahead Challenge Kicks Off >> The Young Enterprise Trust and DairyNZ have teamed up again for 2012 to bring you the exciting marketing and careers programme, the ‘DairyNZ Get Ahead Challenge’ for year 10 students.

Young Enterprise Start Up Programme >> In response to teacher demand, the brand new Young Enterprise Start up Programme has been developed, and will be trialled in several schools during terms two and three.

This is suitable for use as a year 10 enterprise topic, or for year 11 business, economics or accounting students.

2011 laureate David Norman, with wife Anne Norman, and John Carlo Favier of Kelston Boys High School

2012 Business Hall of Fame laureates named >> The Fairfax Media New Zealand Business Hall of Fame was set up in 1994 by the Young Enterprise Trust. The Hall of Fame recognises and acknowledges New Zealanders who have made outstanding contributions to business and the community.

Each year, six New Zealanders are inducted into the Hall of Fame. The laureates are chosen by a selection panel and any New Zealander can make a nomination. The Hall of Fame includes New Zealanders such as Sir Michael Hill, Sir Stephen Tindall and Sir Peter Leitch.

The 2012 laureates are: •

Sir Graeme Douglas - founder of Douglas Pharmaceuticals

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Sir Patrick Higgins - from Manawatu-based Higgins Group

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Graeme Lowe - founder of Hawke’s Bays Lowe Corporation Mary Jane Milne (1840-1921)– milliner and businesswoman, who was based in Auckland

The laureates will be inducted into the Hall of Fame at a gala dinner in Auckland on Thursday 28 June. Each laureate (or their descendant) will receive a citation from His Excellency, Lt Gen Rt Hon Sir Jerry Mateparae, Governor General of New Zealand, and will be accompanied by a Young Enterprise student.

The programme is designed to enable teachers to deliver business studies internal Achievement Standards 1.4 (Apply the marketing mix to a new or existing product), 1.5 (Investigate aspects of human resource processes in a business) and 1.6 (Carry out and review a product based business activity within a classroom context).

If you are interested in receiving

Tickets are $205 each and are available from Young Enterprise Trust on 04 570 0452 or online at

information, or participating in the trial, please contact Yolande at yolande.rosario@youngenterprise.org.nz

www.businesshalloffame.co.nz YES competition entries close on Achievement Standard credits increase

June 1 >> Competition deadlines are fast

>> Great news for those offering the

approaching for YES teams.

Achievement Standards at level 3.

•

The Edge Advertising Competition

Achievement Standard 3.4 (Develop

>> Submit a script for a 30 second

a marketing plan for a new or existing

advertisement about your YES

product) was 3 credits in the last draft

company and your product or

matrix, is now increased to 6 credits.

service, and you could be the winner

Follow this link to see that standard:

of an advertising campaign for your

http://www.nzqa.govt.nz/ncea/

YES company valued at $5000.00

assessment/search.do?query=Busines s+Studies&view=all&level=03

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BP Product Competition >> BP is again selecting YES products to stock in their retail outlets. Get your

Alfred (Bill) Gallagher (19111990) – founder of Waikato’s Gallagher Group

for selected standards in the Young

Thomas Macarthy (1833-1912) – who established the Macarthy Trust

you don’t have access to this, please contact

Competition details are in the 2012 YES

us at support@youngenterprise.org.nz

programme booklet. ■

YES teachers can access free resources Enterprise Trust teachers resource centre. If

application in, and you could soon be scaling up your production.

www.youngenterprise.org.nz

StudentSuccess

BusinessNZ Challenge on the road

1. Hamilton Boys High School and Waikato Diocesan School 2 & 3. Nayland College 4 & 5. Kaikoura High School

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2.

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4. www.youngenterprise.org.nz

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Electric start to YES year at E-days

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E-Day Action (Photo Credit: NZICA)

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6 & 7. Far North 8. Whangarei 9 & 10. Rotorua 11. Whakatane

Electric start to YES year at E-days >> Seventeen locations and nineteen workshops in three weeks sounds hard work but for YES Enterprise Day (E-Day) presenters, Sasha Webb and Robyn Borne, it’s the energy and enthusiasm of the students that makes each day different and exciting.

This year’s participating YES teachers and students came together in their region during March to develop their business ideas at E-Day. As part of the day, YES coordinators had local business people primed to coach or “speed date” with as many companies as possible, giving students the opportunity to get feedback on their business ideas from different people. Having a whole day to concentrate on your business takes the programme out of the classroom and connects students with the wider community of interest.

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You can see Canterbury students sharing their thoughts on the 2012 E-day at http://www.youtube.com/ watch?v=BlrtLa1njFE

www.youngenterprise.org.nz

INTERVIEW Tina Rose-Dutton, Cambridge High School, and Desiree Reyneke, Howick College, Auckland, have both been teaching financial education for at least eight years.

Both believe that students enjoy and need to learn about money matters.

Relevant Teaching Makes Financial Sense

We talked to Tina and Desiree about why they teach financial education, how they keep it relevant and what difference it makes for the students.

W

hen we asked why the deci-

Life Skills is a stand-alone subject in both

financial literacy, which I thought would

sion was made to put financial

year 11 and year 12 (where there are two

be more relevant for our students.

education into the courses

full classes) and year 13 students have a

For the first five years, financial

at Cambridge High School, Tina replied,

term of a ’Financial Fitness’ course.

“It was an area of personal interest when I

education was as an option subject for

The year 11 and 12 courses have a

the year 10 classes. I now have all year

realised that students were leaving school with little or no financial knowledge.

They were getting stuck in pit falls of failing to have full insurance and correct

minimum of 20 credits. For the year 13

10s taking a three month course instead

students, however, the course is a term in

of an option class with the full support

their study stack line before true study

of our curriculum manager.

begins in terms two and three.”

disclosure, hire purchase and credit was so easily offered, and fixed and floating

All the year 10s do Level 1 unit standards 24697 (Perform income related calculations

At Howick College, the decision to

for personal financial management) and

offer financial education classes was

24705 (Interpret and verify accuracy of

well supported in the school. Desiree

personal financial documents) as well as

For the last five years, I have been

commented, “When I became HOD,

the accounting achievement standard on

teaching a course called ‘Financial Life

I made the decision to drop a year 10

decision making. They bank the credits

Skills’, Tina said. Now in 2012, Financial

option economics class and change it to

for level 1. As well, a year 12 class is now

interest rates and the effects of compound interest were not explained.

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Over the years, the resources grow and students provide such awesome feedback, the satisfaction from teaching is great.

in its second year, covering traditional financial topics including investment.

Tina and Desiree made these suggestions for good resources:

Year 10s’ favourite topics at both schools are income and tax. Students also enjoy checking the accuracy of personal documents and consumer and contract law.” Desiree commented that students

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discuss their classroom learning at home with their parents and she gets great feedback at parent evenings.

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3.

Tina and Desiree

Tina and Desiree agree that financial education has the advantage of being learning that is relevant, so choosing topics is not difficult. Desiree believes relevant knowledge that year 10 students can use now are: understanding payslips for their part time jobs, commercial documents they encounter as consumers (teenagers do a lot of consuming!) and having a simple budget so that they have a plan for their money.

Resources for the PFM standards: Available free from the Young Enterprise Trust. These link directly into the standards available. w websites: The Sorted and IRD websites, and many Australian (https://www.moneysmart.gov.au/ is a good one) and USA websites.

These are very interactive websites for teachers and students. The Commerce Commission website is also worth a regular visit to see what they have available. TKI have some links from the NZ Curriculum.

Internet: There are some great YouTube clips, and games on “practical money skills”.

4. The community: Get guest speakers for each topic.

New Zealand banks have a lot of brochures that are available to help teaching some essential topics.

Finally, we asked what advice they would give to a teacher thinking of introducing a FED course.

Tina says that “the set up is relatively easy and the reward is great. Over the years, the resources grow and students provide such awesome feedback, the satisfaction from teaching is great. In my Financial Life Skills classes are normal average students, and they experience the most growth in learning and therefore I get my rewards as a teacher.”

Both teachers recommend checking out NZQA for standards you may want to assess, and then just go for it!

Note: If you are interested in a level 1 Financial Education course, then check out the new free Money and Finance teaching guide. Details are on page 12. ■

At year 12, the focus is somewhat different. The students, being two years older, want knowledge and skills for their future lives – topics such as: banking, taxation, investment and goal setting get high priority.

www.youngenterprise.org.nz

ProgrammeNews 2012 Programme registration is now open.

Visit http://yetrust.co.nz/onlinelinktoregister.html and register to gain access to free programmes and resources.

Strong Interest in new Primary Resources >> The Young Enterprise Trust attended the Primary teachers Cutting Edge Classrooms Living Literacy conference in Porirua during the school holidays, and presented a seminar on Developing Enterprise and Financial Capability through Literacy.

We had strong interest in the new Level 2 and 3 Financial Education units, which are designed to build financial capability through social enquiry. The comprehensive teachers manuals are free to teachers, and give explicit lessons, supported by detailed lesson plans, activities for students and assessment tasks.

We are planning to release levels 1 and 4 over the next 12 months.

The new Enterprise Programme, Enterprise 4 Kids commanded attention too, for teachers wanting to develop numeracy and literacy with authentic learning. This explicit social enquiry module integrates enterprise and financial education into a one term programme, and is designed to be run at a class room level.

For more information contact Sharron at sharron.buer@youngenterprise.org.nz

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www.youngenterprise.org.nz

Competition entry criteria require students to submit a short business plan and evaluation report on completion of their business activity telling us how the product is ‘innovative’ and will spread ‘road happiness’, and include a sample of your product. Entries close on Friday 2 November 2012.

BP Innovation Competition >> Year 11 students doing any form of Business or Enterprise course, which requires them to carry out a business activity and come up with an innovate product idea, can enter the BP Innovation Competition.

No matter what type of journey you are making, be it to work, to the supermarket, to school, to the beach, to the other end of the country, BP can improve the experience in one way or another.

But driving is not as fun as it used to be.

The road can be a stressful place - with more cars and trucks on the road, more traffic stops, more road works, more pot holes, and more aggressive drivers.

Drivers can be lost, hungry or fed up (not to mention the kids in the back) - it’s becoming a battle ground. BP would like to spread ‘road happiness’, and help make the road a safer, happier place to be.

Your product innovation should help to spread ‘road happiness’ – and make the journey better. The idea could come from solving a problem with road safety, passenger comfort, in- car entertainment, refreshments, parking, information, for cyclists and other road users, or anything else that grabs your imagination .

Register for the competition at www.youngenterprise.org.nz/ onlinelinktoregister.org.nz or email to support@youngenterprise.org.nz

Students learn about themselves >>The BusinessNZ Challenge has been in full flight in term 1, in Nelson and Kaikoura in the South Island, and several schools in Waikato and Auckland.

This was the first time the Challenge has been to Kaikoura High School. The students gave us a great welcome and put a lot of effort into impressing the judges.

Principal Vern Van Aswegen thought the Challenge was an “extremely valuable interface for our students with the outside and especially the business world. The students not only enjoyed the Challenge – they learnt a great deal – including and most importantly about themselves.”

Student CEO of team Clarence Capers said “the highlight was seeing our display

come together and we all experienced what it is like to work with people we normally wouldn’t and learning the basics of running a business. Being able to get advice and feedback from actual business people was fantastic.”

The judges often comment that they not only enjoy the occasion, but they also learn a lot from the students and the experience. Judge Lynette Buurman, of Encounter Kaikoura, said “I loved it! A fantastic learning experience for the students and a very refreshing and enriching opportunity for me!”

This term the Challenge is in the Otago, Canterbury, Wellington, Taranaki and Auckland regions, including a multi school challenge in Taranaki hosted by New Plymouth Girls’ High School.

Students get cooking with Martin Bosley >> YES teams from three schools have the opportunity this year to work with renowned chef, food columnist and author Martin Bosley. Lion Foundation Young Enterprise students from Feilding High School, St Patrick’s College (Silverstream) and Tawa College are taking part in the Enterprising Technology division of YES. Local businesses give

Students from Feilding High School enjoying the experience at Martin Bosley’s kitchen in Wellington

the students a brief to develop and commercialise a new product using their technology skills. The students must adhere to the brief when creating their YES products.

The students visited Martin Bosley’s Restaurant on the Wellington waterfront in February. They got to meet Martin and his team, tour the kitchen and hear about Martin’s food philosophy. Their brief is to create a product which fits within Martin’s new at-home range of products. It must remain shelf/chiller stable within the packaging for at least seven days.

established Wellington’s City Market in 2009. He writes the food column in the Air New Zealand Kia Ora magazine and has written two books. Martin Bosley’s Restaurant was the runner up in the fine dining section of the 2010 Cuisine restaurant awards.

Martin is proud to be helping local students developing new food-based businesses. “The students are very enthusiastic about food and this is a great way for them to learn. It gives them a chance to see what the food industry is really like.”

Robyn Borne, Head of the Lion Foundation Young Enterprise Scheme says the aim of Enterprising Technology is to incorporate the Young Enterprise Scheme into levels two and three of the technology curriculum. “In our experience, combining enterprise and technology strengthens the student experience and learning in both areas. It makes technology exciting because it engages students in real life contexts – they can use their technology skills and apply them to a real world business.”

Martin Bosley is one of New Zealand’s most respected chefs. He is a champion of the best local food and wine and

Ms Borne says that Enterprising Technology focuses students on what is important if they intend to sell a product www.youngenterprise.org.nz

to consumers. “It makes identifying realistic key factors easier and the process of product and process development very real for the students.”

www.youngenterprise.org.nz or see page 19 in the 2012 YES programme booklet.

The students are currently developing their food products and will be selling them either later this term, or from the start of term three.

Sell online with the Trade Me YES Trade Fair >> This is an awesome opportunity! Thanks to support from Trade Me, YES companies are now able to register a business membership to list their products and services in the dedicated YES online market.

Trade Me is NZ’s leading shopping website, so encourage your students to make the most of this opportunity to profile their YES products and services and get a head start with their product sales in term two.

To find out how to make a listing, go to the YES student resource folder at www.youngenterprise.org.nz

can use all of the guide or part of it.

It offers teaching and learning opportunities of the type outlined in the New Zealand Curriculum.

Students are taken through a series of activities which reflect everyday money management and increase their ability to earn, keep and spend their money wisely.

Level 1 Money and Finance course >> The Citi Foundation Money and Finance resource – Level one - is a teaching guide designed to assist teachers in the delivery of Financial Education.

A trial of the teaching guide by 30 schools is nearing completion and the guide is now freely available to all teachers.

The guide links three Personal Financial Management Unit Standards into a coherent teaching package. It can be used as a course of teaching and learning or it can be used as a one off. The course will take about 40 hours to complete, but depending on the time available, teachers

It includes the following topics: -

Income

-

Budgeting

-

Spending

-

Saving.

The resource is intended for Year 11 though can be delivered at different levels (eg: Year 10 or Year 12) depending on your students.

To obtain this FREE resource register for secondary financial education at www.youngenterprise.org.nz or email support@youngenterprise.org.nz.

Three years of YES – set up for my future

Enzo Peace at the Enterprise in Action event in 2011

H

ow many students can claim to have run a company for three years by the time they leave school? A small but increasing number of students are returning to YES to either progress their company from the year before or to set up a completely new business.

second and third years are more about seeing what others have done, because the more products I see being developed by other students, the more I learn about the areas that I’m lacking in, and I believe that this is a crucial part of building successful young entrepreneurs.

Enzo Peace, a year 13 student at Wanganui Collegiate, has been the director of a YES company since year 11. We asked Enzo what the motivation is for running a YES company for the third year in a row.

In 2011, I also took part in the Enterprise In Action weekend, which was a completely different ball-game. I learnt more about teamwork, working to an EXTREMELY short deadline, and working to a brief. Outside of YES, I was also selected in 2010 to take part in the Air New Zealand CEO-For-A-Day challenge, where we learnt about what it was like to run a major international business and what the management structure in such a business needs to be like.

Three years running...

“This is my third year as a Lion Foundation Young Enterprise Scheme student, and I often think back and wonder what’s made me continue... I’ve seen it all before, been to the National Awards twice, so what’s the point in me continuing?

The way I see it, it’s not about what I’ve done, it’s about what others do. My first year of YES was amazing and I learnt so much about myself, my capabilities and my business knowledge, it really inspired me to get into business. However, the

The more I take part in YES, the more I feel my business knowledge gaining and the more I feel set-up for my future. In my first year, I ended up selling my business (Developing summary guides to the New Zealand Road Rules) to the NZTA. In my second and third years, I simply built on this business by making guides for using

Technology such as Facebook, Skype, TradeMe and Countdown Online Shopping.

During my first two years of YES, I took part as an extra-curricular activity, however in my third year it is integrated into our NCEA Level 3 accounting course as a business studies paper. I found it a bit of a challenge to complete all my YES work along with my school work, but it was certainly a challenge that I enjoyed and wasn’t too difficult to fit around my other commitments.

YES has given me more of a direction in life for the subjects and courses I want to take, which has been extremely useful.

In NCEA Level 3, I am taking English, accounting, economics, media studies and drama, which I think are all very valuable subjects in terms of business and commerce. Next year I will probably be attending Massey University (hopefully the Auckland campus) as a commerce student, majoring in marketing and finance. I think that three years is the optimal time to be a YES student and looking back now, I would not have had it any other way, it has taught me life-long skills and really set me up for my future.” ■ www.youngenterprise.org.nz

CONNECTING BUSINESSwITH SCHOOLS

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I’m looking forward to helping YES students as much as I can and promoting the scheme to a wider audience.

Andrew Patterson

YES Ambassador announced >> RadioLIVE business correspondent Andrew Patterson will this month become an ambassador for the Lion Foundation Young Enterprise Scheme.

Andrew presents the network’s popular weekly programme Sunday Business and has over 20 years’ experience working in media both here and in Australia. A graduate in business studies, he has a particular passion for entrepreneurs and their achievements.

Following his attendance at the Lion Foundation Young Enterprise Scheme National Awards in December 2011, Andrew came away hugely impressed by the calibre of the businesses that Young Enterprise students had produced and

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www.youngenterprise.org.nz

is keen to support YES students right across the country.

are available at www.radiolive.co.nz/ WeekendHosts/AndrewPatterson.aspx

“It’s very obvious this country needs to develop more entrepreneurs and the YES programme is a key part of that strategy,” says Andrew. “We could have the next Bill Gates, Mark Zuckerberg or Oprah Winfrey right here in New Zealand, and technology enables our young people to connect with the world in ways that previous generations would never have imagined. I’m looking forward to helping YES students as much as I can and promoting the scheme to a wider audience.”

During the programme, he regularly speaks to business leaders both here and overseas as well as entrepreneurs, international authors and those with a great business story to tell and this material is freely available for teachers to use as a classroom resource.

Andrew will be regularly blogging on the Young Enterprise Trust website and will attend the Enterprise in Action event in June. He will also attend local events around the country where possible and will host the Fairfax Media NZ Business Hall of Fame gala dinner, which was established by the Trust in 1994.

A back catalogue of interviews from Andrew’s programme Sunday Business,

Andrew is also currently researching how New Zealand can better inspire, champion and energise the next generation of emerging young entrepreneurs.

Crown Research Institute steps forward to help YES students >> Industrial Research Limited (IRL) has offered to support students from Wanganui Collegiate who are taking part in the Lion Foundation Young Enterprise Scheme this year. If successful, the partnership could be offered to YES students throughout the country.

As the only Crown Research Institute mandated to support New Zealand

Students from Wanganui College at IRL

industry, their work is focused on

or services that integrate high-end

three areas; Advanced Manufacturing

science. Some of these students have

Technologies, Industrial Biotechnologies and Measurement Standards.

Senior science students from Wanganui Collegiate visited IRL’s Wellington site in February. The students toured the facility and worked with IRL staff on their product ideas.

Janet Hunt, Relationship Manager – Corporate for Young Enterprise Trust, says the partnership has the potential to lift YES students to a new level in scientific terms. “IRL are mentoring the Wanganui Collegiate students, who are now focused on creating products

come up with incredible ideas, and they will be in a better position to move beyond the prototype stage with IRL’s support. This is exactly the kind of support that many YES students need.”

IRL are keen to evaluate the partnership at the end of 2012 and examine how they can support a greater number of students across the country from 2013.

For more information about IRL, visit www.irl.cri.nz ■

Thanks to our fantastic sponsors and supporters. None of what you have seen in this magazine would be possible without them. If you would like to know more about how you can help, please go to www.youngenterprise.org.nz

SPONSORS & SUPPORTERS

www.youngenterprise.org.nz

IMPORTANTDATES DAIRYNZ ‘GET AHEAD’ CHALLENGE TEACHER PD 2012 Wellington

Tuesday May 1

Dunedin

Tuesday May 8

Hamilton

Tuesday May 15

Auckland

Wednesday May 16 W

Queenstown

Tuesday May 22

Hawkes Bay

Tuesday May 29

Christchurch

Wednesday May 30 W

YES Dragons’ Den

May/June

YES The Edge advertising competition closes

Friday June 1

YES BP Product Competition entries close

Friday June 1

Enterprise in Action Event

Friday June 15- Monday June 18

Business Hall of Fame

28 June

www.yetrust.co.nz

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THECLOSE CLOSE

I never ran 1000 miles. I could never have done that. I ran one mile 1000 times.

Stu Mittleman, American ultra-distance runner.

Visit www.enterprisematters.org.nz Subscribe to Enterprise Matters for Free & receive your own copy four times a year

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