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1st December 2010
Our highly successfully Young Enterprise Company Elite Enterprise were recently invited to be guest speakers at the Boston Business Awards 2010 evening. This gave them the chance to meet and become acquainted with successful business men and women in Boston and to let them know how the Young Enterprise Scheme has been a key influence in building the aspirations of many young people like them for a bright future ahead.
Below is an article, written by Payal Odedra detailing the success of Elite Enterprise.
About Our Company
Our company name is Elite Enterprise and our product is the Octo-pet, a novelty item, customisable and personalised to create your ideal companion. Each Octo-pet is handcrafted by us, manufactured from sustainably sourced yarn and comes with a birth certificate.
About Us & Our Experience
The team has nine members. Using the skills of our marketing director we turned a simple idea into a profitable business venture as part of the Young Enterprise scheme.
During the company year, we held board meetings which all directors attended twice a week. As well as having an innovative product, we feel we have an innovative and enterprising way of working and managing our company. We always aimed high and whenever we encountered a task or a problem we worked as hard as we possibly could to try and make the most out of it and created a learning experience that has benefited us to date. Alongside this, we strove to be efficient and as productive as possible and would rarely pass up on any opportunity.
Our passion and hard work was reflected throughout the year, especially at Brooksby Melton College where we won the European Challenge beating off competition from nine other East Midlands companies. Our prize took us on a fully expenses paid trip to Lisbon in Portugal in March 2010 to take part in the JA/YE Europe Trade Fair.
As a business we have progressed to sell our product at a shop in Sleaford and at Butlins, a holiday centre in Skegness during the summer holidays. We also had an interview with Melvyn Prior on BBC Radio Lincolnshire regarding our experience.
Currently, apart from ongoing selling opportunities, we have been involved in giving presentations on various aspects of the Company programme during Young Enterprise workshops/events.
Our Achievements/Awards
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Lions Lair Event, Boston College |
1st Prize + Investement of £130 |
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Stamford Trade Fair |
Innovation Award + Prize Money |
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Grantham Trade Fair |
2nd Prize + Prize Money |
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Area Finals, Boston |
Best Presentation Award |
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Overall Winners |
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County Finals, Lincoln |
Innovation Award |
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Best Company Report |
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Overall Winners |
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Regional Finals, Nottingham |
Best Marketing Award |
click any image to zoom in and start a slideshow! |