REPORT Mid-Year IMPACT - Young Enterprise
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the FEEDER CLASSROOM PROGRAMMES RESOURCES RANGATAHI BUSINESS ENTERPRISE STUDIES CHALLENGE MARKET DAY Aim to drive BP BUSINESS CHALLENGE participation. START-UP GROWINGNZ INNOVATION DAY GROWING NZ INNOVATION CHALLENGE TEEN PARENT UNIT CHALLENGE YOUNG Our flagship ENTERPRISE programme. SCHEME journey EXTREME EXPERIENCES Transform students, create & connect ENTREPRENEURS IN ACTION entrepreneurs. (EIA) WEEKEND OVERSEAS BUSINESS EXPERIENCES YES ALUMNI Supporting START-UP ACCELERATORS engagement in the business eco-system. INCUBATOR PROGRAMMES
2019: we're off to a great start! The first half of the year has already flown by and we’ve certainly been busy. Here’s what we’ve been up to across the board... EXTREME EXPERIENCES: We’ve been busy CLASSROOM RESOURCES: Our Roaming rallying our most passionate YES students for Teachers have been on the road across NZ, ourYES PROGRAMME: annual We’ve Entrepreneurs hit new in Action highs and weekend helping over 85% of NZ secondary schools with the YES programme having more sending them overseas to learn about internation- bring financial capability and enterprise into student participation than ever before. al business! the classroom. EXTREME EXPERIENCES: We’ve been busy FEEDER PROGRAMMES: We provide junior rallying our most passionate YES students secondary students with a taste for business for our annual Entrepreneurs in Action through facilitated events that are tailored weekend, and sending them on overseas to suit a variety of themes and industries. business experiences to Latin America and Southeast Asia. YES Mid-Year Impact Report 2019 3
163 students from 10 schools have attended a Rangatahi Business Challenge. E mihi ana ki Te Puni Kōkiri mō a rātou putea tautoko mo te whakataetae pakihi rangatahi 2019-2020. At the 3-day events in Waikato and Whangarei students learnt about starting and running a business. Students developed work-ready skills and connected with local Māori entrepreneurs who are sharing their talents, passions and skills across Aotearoa. We’re excited to be hosting the Rangatahi Business Challenge in Whakatāne, Manawatu and Rotorua later this year. LEARN MORE This initiative is made possible by our dedicated Māori Outreach Coordinator Natania Katene, whose role is funded by MBIE and Te Puni Kokiri. 6 YES Mid-Year Impact Report 2019
1650 students from 33 schools have attended a BP Business Challenge. We’ve already held 22 BP Business Challenges across the country, and there are more to come! At a BP Business Challenge, Year 11 students create a virtual business concept and plan, and then pitch to a judging panel comprised of local business leaders. The new 2019 challenge reflects the business world that students will be entering so that they can explore business ideas starting from an issue that interests them, and with a social enterprise or for-profit business model. YES Mid-Year Impact Report 2019 7
26 students attended one of three Teen Parent Unit Workshops. Teen Parent Units We’ve held Teen Parent Unit Workshops in Whangarei, Auckland and Christchurch where students learnt about business and entrepreneurship. At these 2-3-day workshops, young parents learn about starting a business, and the fundamentals of how they might do this. The workshops are an opportunity for them to develop soft skills such as interviewing and presentating to potential employers. There are more Teen Parent Unit Workshops to come in 2019, so stay tuned! 8 YES Mid-Year Impact Report 2019
166 students from 20 schools attended a GrowingNZ Innovation Challenge. The GrowingNZ Innovation Challenge Days ask Year 10 students to use investigative research and practical knowledge of science, technology and business to design and prototype a solution to a real-life situation being faced by New Zealand’s primary sectors. We’ve held events in Lower Hutt and Hastings, and have more coming up in Palmerston North, Timaru and Dunedin, but the challenge can also be undertaken in-class using the teacher led resource. We can’t wait to see more young innovators solving the problems currently facing our primary sectors. LEARN MORE YES Mid-Year Impact Report 2019 9
RISE E
Student participation has reached new heights with more than 4000 students participating in the YES programme. We’re excited to be unleashing more enterprising young people than ever before! We’ve Hit 4000! 12 YES Mid-Year Impact Report 2019
The first half of 2019 saw YES students across the country nail their Kickstart|Tīmata Days as well as their Product Validation, Pitch and Promotion Number of students Challenges. They’re now well into the YES year participating in and entering the Sales stage of their respective YES programme: businesses and will soon be submitting their Annual Reviews. Crunch time is fast-approaching! 4032 (up from 3857 in 2018) Number of schools with students participating in the YES programme: 200 (up from 187 in 2018) Number of registered YES companies: 1000 (up from 915 in 2018) YES Mid-Year Impact Report 2019 13
EXTREM EXPERIE Transforming students, creating & connecting entrepreneurs.
ME ENCES
Entrepreneurs in Action – an annual highlight for YES students (and staff) – brought 80 of our most passionate students to compete in two back-to-back business challenges with scholarships and overseas business experiences up for grabs! 16 YES Mid-Year Impact Report 2019
The Challenge 1 sponsor, Ministry for Primary Industries, tasked the students with creating a solution to reduce waste and/or create added value from waste in the fruit production industry. In the NZTE Challenge, students developed a market entry strategy to a Latin American country for a Dunedin-based SaaS company. Team Uprise Digital took out both challenges and in doing so, each team member won $7000 from Massey University and an overseas business experience with LatAm Biz to Chile, thanks to the Latin America Centre for Asia-Pacific Excellence. Eight individual students also scored a LatAm Biz adventure based on their personal performance throughout the weekend – they’ll be off to Brazil in December! The weekend would not have been possible without the ten fantastic companies who hosted and mentored the students over the course of the weekend. Thanks to: “What we were doing at EIA was something I could see myself doing as a career, and it provided me with some real experience that you just can't get at school!” Sam Wixon, EIA 2019 YES Mid-Year Impact Report 2019 17
YES Goes Global Thanks to the Latin America and Southeast Asia Centres for Asia-Pacific Excellence, we’ve sent 38 of our most passionate YES students on an overseas business experience so far, and have more trips planned for 2019. 18 YES Mid-Year Impact Report 2019
LATAM BIZ & SEACAPE BIZVENTURES 2019 COLOMBIA THAILAND 8 Students 10-12 students January 2019 October 2019 SINGAPORE CHILE 10 Students 8 students January 2019 October 2019 VIETNAM BRAZIL 12 students 8 students April 2019 December 2019 ARGENTINA 8 students July 2019 These trips are an opportunity for young entrepreneurs to extend their global business knowledge and understanding of international trade environments. Here’s to our young Kiwis thinking big on the world stage! YES Mid-Year Impact Report 2019 19
We’re excited to have partnered with The Global NZ at Expo 2020 to create the Global Kaitiakitanga Project – a 14-month Kaitiakitanga programme of high-quality mentoring Project: NZ at World and international collaboration for five fantastic YES companies with a focus on Expo 2020, Dubai sustainability. At the culmination of the programme, the teams will compete against each other to win an opportunity to travel to World Expo 2020 in Dubai, where they will showcase their business on the world stage at the NZ Pavilion. The programme also includes a travel opportunity to Thailand with the Southeast Asia Centre for Asia-Pacific Excellence, mentoring workshops led by NZTE experts and up to $2000 of seed funding for each team. We’re grateful to our friends at NZ at Expo 2020 for helping YES create this amazing opportunity for our YES students. 20 YES Mid-Year Impact Report 2019
The YES companies who have been selected for the Global Kaitiakitanga Project are: CLOUDMASS TOP THAT! CloudMass have created a Top That! is the new miniature tracking device gourmet allergen- that that can be used for friendly meal topper, consented care and monitoring carefully crafted to of dementia patients in a way enhance the healthy that ensures the safety of the eating experience. Made patient whilst allowing them freedom in their daily from scratch, Top That! combines various lives. textures and flavours - even packaged in washable and reusable packaging - to promote eco-friendly plant-based living. TE KETE Ō TANGAROA To create a polystyrene WRAPT bin alternative for seafood exporters, Te Kete ō Tangaroa Wrapt is an edible, is currently prototyping 3D biodegradable, printed bins that mimics the allergen-free plastic bladder structure of rimurapa wrap alternative. Wrapt (kelp). strives to amplify the fun, flavour and colour of wrapped foods while helping to save the TE TUITUI MATAURANGA earth, one wrap at a time. In response to growing concerns about our environment, climate change, water sustainability and maximisng the return from the land, Te Tuitui Matauranga has created drought-tolerant seeds. The company is now working in partnership with Plant and Food (NZ) and Wrightson's Seeds. YES Mid-Year Impact Report 2019 21
YES in YES NAMED AS FINALIST FOR THE WELLINGTON GOLD the News AWARDS 2019 We were named as a finalist in the Supporting Gold category for our work in bringing enterprise into the classroom. Winners were announced at Whether it’s our students or Young the gala dinner on 24 July. Unfortunately we didn’t Enterprise itself, we’re making waves! take out the final prize, but our very own Head of YES - Liz Pittman - won the dress-up competition! READ MORE 22 YES Mid-Year Impact Report 2019
YES STUDENT NAMED IN YES COMPANY BOOMERANG MYD 2019 YOUTH AWARDS MAKES THE BREAKFAST SHOW YES Class of 2018 and 2019 student Niels The girls from YES Company ‘Boomerang’ Grosmann received the Taiao – Commitment to featured on TV1’s Breakfast show for their work the Environment Award at this year’s NZ Youth in creating birthday parties for children from low Awards for his work in YES companies Volt socio-economic families. Electric (2018) and Intura (2019). READ MORE READ MORE YES Mid-Year Impact Report 2019 23
YES This year we have made a big effort to better understand our various stakeholder groups and identify some areas for improvement. Here are a Looking couple of things that we have in the pipeline so far: ALUMNI STRATEGY: We’re on a mission to cultivate stronger engagement with and among Forward our alumni. We want to enable and foster a vibrant network that celebrates achievement and creates opportunities for YES alumni after their time participating in a Young Enterprise programme, and well into their professional careers. In typical Young Enterprise fashion, we’re juggling a few new initiatives To get things started we’ve established an Alumni Advisory Group and are excited to be holding our that we think you’ll like. first alumni event in Auckland soon. VOLUNTEERS: YES depends largely on the time and effort of thousands of generous volunteers every year. Therefore, it seems only fair that we look for ways to engage, prepare, support and celebrate the amazing people that make what we do possible! THOUGHT LEADERS: YES works with youth, for youth and is constantly aiming to do bigger and better in this space. We’ve been active in improving how we listen to and understand our young people, so we can continue to play a lead role in creating and sharing best practice for the development of mindsets and skillsets. 24 YES Mid-Year Impact Report 2019
IT’S BUSINESS TIME CONFERENCE 2019 Every two years YES holds an event for another one of our key stakeholder groups – our teachers. It’s Business Time (IBT) is a 2-day showcase of NZ business stories and ideas curated to complement the YES programme and current curriculum, and is designed to help educators bring innovation and entrepreneurship alive in the classroom. IBT bridges the gap between the education and corporate worlds, and is an opportunity for educators to learn about what businesses are looking for in potential employees, so that they can better prepare young Kiwis for life outside of school. LEARN MORE YES Mid-Year Impact Report 2019 25
Sponsorship Opportunities Rangatahi YES National It's Business NZ Business Business Excellence Time Hall of Fame Challenge Award Support our Be seen with the • National Principal Naming Rights to an 2-day conference for who's who of Sponsor for 2021, or industry-specific award: 200+ NZ secondary New Zealand's • Regional Sponsorship: teachers business leaders • Arts & Culture run a programme in • Sales & Marketing your region • Māori Business • Pasifika Business If you want to get involved with YES or help sponsor the work that we do get in touch with Jaime.Hayden@youngenterprise.org.nz. 26 YES Mid-Year Impact Report 2019
Sponsors and Supporters PLATINUM GOLD SILVER NATIONAL OUR SUPPORTERS Beef + Lamb New Zealand, Crimson Education, Dairy NZ, Ernst & Young, Forsyth Barr, Fujitsu, Glenice & John Gallagher Foundation, Insurance Council of New Zealand Inc., Massey University, New Zealand Apples and Pears Inc., Northpower, NZTE, NZ Māori Tourism, NZQA, Ovato NZ , Ricoh, Royal Society Te Apārangi, Simplicity, SkyCity Auckland Community Trust, Stafford Engineering Ltd, Storbie, Te Tumu Paeroa, The ICE Foundation, The Fletcher Trust, University of Otago & University of Waikato. YES Mid-Year Impact Report 2019 27
Phone 04 570 0452 Email support@youngenterprise.org.nz Website www.youngenterprise.org.nz Facebook YoungEnterpriseNZ Instagram @youngentnz Donation www.givealittle.co.nz/org/yetrust Location Level 2, iPayroll House, 93 Boulcott Street, Wellington 6011 Post PO Box 25 525, Wellington 6140 Graphic Design by vickywalker.co.nz
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