Year 10 - Tycoon In Business30th April 2021
Congratulations to our Year 10s Tycoon team (Team Phaces) who ranked 7th (out of 47 teams) in the National Tycoon Business Competition 2020-21 (Autumn-Spring Window). Team Phaces produced phone cases to sell.
The team consisted of:
1. Efran S, CEO
2. Sarchan P, CEO and website designer
3. Rishabh L, COO
4. Christian B, Marketing/Advertising
5. Patrick B, Finance
6. Nathan M, Marketing Manager
7. Princewell E, Sales Manager
The Tycoon challenge is a unique national enterprise competition for students aged 6 to 18. Every participating team writes a business plan, is lent money, starts a business and trades, competing with other student companies through a sophisticated kick-starter style platform, in a safe and controlled environment.
The competition is split into four categories and is free to all schools and colleges. The Peter Jones Foundation provides goodwill start up capital, so only when student companies break- even, do they repay their loan.