Young Southwell business stars battle it out for ‘Best Company in the East Midlands’

Five teams of teenage entrepreneurs who have set up their own real businesses are gearing up for the East Midlands finals of a prestigious Young Enterprise business competition.

The teams - one each from schools in Nottinghamshire, Lincolnshire, Northamptonshire, Derbyshire and Leicestershire - are heading for the regional finals of the East Midlands Young Enterprise Innovation Awards 2012 at the University of Nottingham on Thursday 21st June.

There, they will compete for the title of East Midlands Company of the Year 2012 and a place at the UK finals of the HSBC Young Enterprise Innovation Awards in London in July.

Kevin Silverton, Head of News at the BBC Asian Network will be key note speaker at the event, which is supported by the University of Nottingham’s Institute of Enterprise and Innovation, Rolls-Royce plc, The Institute of Directors, Leicestershire-based Campbell Scientific Ltd and IOSH, the chartered body for health and safety professionals.

The students, who won through to this stage in local heats, have set up and run their own businesses over the past year as part of a Young Enterprise scheme to inspire the next generation of entrepreneurs and prepare young people for the world of work.

Among them are The Minister School, Southwell. Fifteen Lower Sixth Form students formed their company Bold Enterprise and came up with the idea of selling bed-time gift sets for babies after spotting a gap in the market.

Their £25 ‘Bundle of Joy’ gift sets are now sold in two Nottinghamshire stores: Burley’s in Southwell and Expecting Baby in Mansfield Woodhouse.

They are also available on Facebook and Twitter. The 16 to 17-year-olds designed the gift sets themselves which are available in pink or blue.

They feature everything the modern parent could need for their newborn at bed-time, including a hooded apron towel, a teddy bear, Johnsons baby bath, lotion and powder, cotton wool buds, a bath sponge and a rubber duck. Check out their website at www.bundleofjoygiftset.com.