Leading charity seeks business volunteers in Richmond

By Cesar Medina

15th Jul 2024 | Local News

Young Enterprise's Company Programme allows students aged 15 to 19 to establish their own companies (credit: Young Enterprise Volunteering).
Young Enterprise's Company Programme allows students aged 15 to 19 to establish their own companies (credit: Young Enterprise Volunteering).

A leading national charity empowering young entrepreneurs, is recruiting several Business Volunteers willing to mentor student companies from Kingston and Richmond schools.

Young Enterprise's Company Programme allows students aged 15 to 19 to establish their own companies, take on Director roles, and use their creativity in designing, marketing, and selling their own products or services.

Registered as a branch of Young Enterprise and insured for public sales, these student-run companies can sell shares to raise capital and are equipped with a business current account.

The charity say the students will gain valuable experience by selling their products and services at markets across London. Any profits generated by the student companies are entirely theirs to keep.

Throughout the spring, these companies compete at Borough and Area levels, with the potential to progress to the London, UK, and European finals during the summer.

Company Programme runs throughout the academic year, typically involving weekly meetings (term-time only) amounting to 12-18 meetings over the course of the year.

Young Enterprise assigns all student companies a 'Business Volunteer' prepared to guide the students through running their business - and this is where you come in!

It will also provide full training and an enhanced DBS background check, before matching you to a school/student company whose geography and weekly meetings suit your needs.

Mandy Pooler joined Young Enterprise in Kingston and Richmond as a new business adviser last year and says, "Becoming a Business Volunteer has been fascinating and a worthwhile experience.

"Company Programme is a well-designed, fast-paced programme for students, educators and business volunteers alike, replicating the challenges and fun of business and entrepreneurship at a critical time in young people's lives."

Your role would be to:

Work with a group of students

  • Help them to develop and run a successful company, treading the line between leading the students through the experience and enabling them to run things for themselves.
  • Early on you will need to take a positive lead – then step back to being a mentor and facilitator.

Be a motivator

  • Encourage students throughout the process.
  • On occasion (often after the first couple of months) students may lack morale and motivation. You will need to help lift their heads and keep moving on.

Advise and raise awareness of skills

  • Act as a consultant (guide, help and suggest) – try not to direct or lecture them – remember the principle of "Learning by Doing".
  • Clearly any specialism within business is a welcome bonus; colleagues/friends can also be roped in for one-offs on subjects you feel they could offer insight into.
  • That said, business expertise is not essential: our volunteers come from all backgrounds.
  • Awareness of core employability skills is important – e.g., initiative, teamwork, resilience – to provide a framework and wider context for the students' progress and development.

Represent YE within the Company and school

  • Maintain contact with the YE contact educator to arrange dates of meetings.
  • Encourage completion of student pre- and post-evaluation.
  • Encourage engagement with wider YE-provided activities (trade fairs; competitions).
  • Ensure compliance with programme rules and regulations.

As a 'full-time' Business Volunteer, you would need to commit one hour at the school every week (term-time only) with student company meetings starting around late September/early October.

For more information: Business Volunteer (Richmond & Kingston) | Young Enterprise Volunteering (goassemble.com)

     

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