Lion Foundation Young Enterprise Scheme
(YES)

The Lion Foundation Young Enterprise Scheme (YES) is an experimental business programme developed by Enterprise New Zealand Trust. Secondary schools run this programme at years 12 and/or 13. for students this is a great opportunity to realise uniqueness, develop strengths, work together as a team and possibly make money at the same time. Like any other team event, YES is about working towards the same goals and taking all the steps necessary to achieve them. In 2006 over 3,000 students have taken part in the scheme with businesses producing products from custom intake pipes for cars to text messaging boards.

Why YES?

The Lion Foundation Young Enterprise Scheme is both the most exciting thing to do at school and the best opportunity to develop a passion into a career. Students setup their own company, create real products/services implement real marketing plans, earn real money, pay real tax and earn real money and keep real profits. This is not just an academic course but a relevant and exciting journey.

YES Process and Support

As a company, students will be expected to elect directors, gain initial capital, prepare and present a formal business plan, have a product launch, participate in a trade fair, market and sell their products and complete a company annual report. They are even able to market their ideas on-line through the new E-market.

The process is supported by a business mentor (coach), teacher, online community, regional coordinator, National office. In 2006 a new export component is available and this opens up the opportunity to link in with National and other International distribution channels currently being developed.