Last week, Entyce Director, Libby, took part in an exciting initiative, hosted by our charity partner of the year, Hope House. The Dragon’s Lair Challenge, sees year 10 students from a local school work in groups to pitch their very own business ideas.
Starting with just £10 investment from Hope house, students must set up the business, work towards a profit and ultimately pitch their idea to a panel of local business ‘dragons’, where they will be scored on a scale of 1 to 10.
The Challenge has been going for the past few years, and has seen some amazing ideas pitched during the final Dragon’s Lair event. This time around students began their businesses during their school’s annual Christmas Fair, which saw many fairground games-related businesses pitched, from lucky dips to bean bag throws and even a chocolate fountain.
Students gave themselves roles within the business, designed posters and ultimately sold their games or product to attendees at the fair. All profits made during the challenge are donated to Hope House.
Speaking about the event, Libby has said, “this was a great opportunity to see the imagination of the next generation of business leaders, giving students the opportunity to speak for 10 minutes about what they did during the challenge, what went well and what they could do better in the future. I want to say a big thank you to Hope House for inviting me along to this lovely event.”