Some of Surrey's youngest entrepreneurs are gearing up to make their business debut this week with the arrival of the second annual Young Entrepreneur Show at Hazelgrove Elementary school.
Having started in 2012 as a way for students to learn about business and careers, the program throws Grade 5 students into the thick of things by making them come up with a business plan, then executing said idea by having to come up with a product to sell at the show, said Hazelgrove teacher Kathy Deck.
"So they've added value to some existing materials and gone through the process on deciding what to make, done market research, what could be interesting to consumers and from that they built product description and made a prototype," explained Deck. "So from there they've got a certain amount of units to sell and see what kind of profit they can make."
The idea for the program came to Hazelgrove from a local entrepreneur, and it was something that Deck saw as unique opportunity for her students to learn from.
"It works so well for teaching kids about career education," she said.
"Now it's part of their curriculum to learn about careers and how their skills will apply to those careers and what those careers might look like."
According to Deck, during the day of the show the kids will have tables set up all throughout the school where they will be selling their goods as per their business plan. Any profit made will go to the children, once they've paid off their start-up costs and donated 10 per cent to a local charity.
"You can feel the energy when you walk into the building the day of the show," said Deck. "The buzz is high and the kids are excited, the parents are excited and it's going to be quite phenomenal."
The Young Entrepreneur Show will be open to the public and will run from 1 to 3 p.m. on Thursday at Hazelgrove Elementary school.
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