Young Enterprise - Pool Hayes Primary School

Headteacher: Mrs. K Vaughan
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Tycoon Team in 2023!

SportyCrafts - this year our Young Tycoons really went for their business goals. Our House Captains were very excited about entering the competition and wanted to better the National Finalists team (see below) from last year. Their business plan was very good indeed, their concept in one sentence:
"Sporty Crafts enhances your well-being and fitness levels and leaves a smile on your face and a skill in your step!"

The project aimed to benefit their local community but also a wider group of people including local charities. The focus was decided - craft, fitness and activity, hence the slogan, 'a smile that lasts for days' The team led activities ranging from Just Dance to Crafting Easter cards for groups of children from across the school. The club became very popular following high ratings from the children. By the end of the project the team had made £367.59 profit, a 735.18% return on investment, and were at the top of the national Tycoon League table - a fantastic achievement and we are all very proud of them.

It's a fantastic moment to announce that they've done it... SportyCrafts won the People's Choice award for the second year running beating all the other finalists in the process and scooped the runner up prize for the 'business for good' award. The finals event at Hampton Court Palace was brilliant and Peter Jones spent a long time talking to the team about their business ideas and even had time to complete a Rubik's Cube challenge. Well done team PHP, three consecutive years of National Finals is unprecedented!


Tycoon Team in 2022!

Kids Camp - this year we have really hit the ground running with our Young Tycoons. Our House Captains were very excited about entering the competition and wanted to better the National Finalists team (see below) from last year. Their business plan was very good indeed, they wanted to focus on an uplifting, positive project that would benefit their local community but also a wider group of people including Cancer Research (a very important focus for the team - helping others). The focus was decided - fun and activity, hence the slogan, 'have fun and learn outdoors!' The team led activities ranging from dodgeball to Easter Egg Hunts to groups of children from across the school. The feedback was brilliant from day one and the club became very popular. By the end of the project the team had made £300+ profit and were at the top of the national Tycoon league table - a fantastic achievement and we are all very proud of them.

They've done it... the feel good factor the business created in our school community has got the team through to the national finals. They have come out as one of the top schools in the country out of more than 300 entries, a great achievement!



Representing Salus - Daisy and Lotti
Representing Populi - Vinnie and Poppy
Representing Suprema - Brodie and Poppy  
Representing Lex - Ethan and Aiva

We were very excited to attend the Tycoon Marketplace where Kids Camp had their own stand and pin board to show attendees their ideas and the journey their business had taken them on. They also got to challenge the audience to a variety of physical, mental, active and general knowledge activities to keep them on their toes! We were thrilled to welcome Levi Roots, representatives from SAGE and even Peter Jones's dad to join in the fun. Overall, we were proud to win the first Tycoon People's Choice Award and receive a highly commended award for the national Tycoon 750 competition. Two awards represents the thought, effort and determination involved to run a successful business - well done PHP House Captains and good luck in your new schools.
Enterprise and Entrepreneurship at Pool Hayes Primary in 2021

Our fantastic Year 6 House Captains competed in the 2020/21 'Tycoon Enterprise Competition' national young entrepreneur competition. The team delivered after school club activities to promote and improve pupils sporting ability, teamwork skills and general health. They were very excited by the prospect of learning how to work as a business team to begin their own company. "We took up the Tycoon challenge at Pool Hayes Primary and jumped at the chance of competing against other Primary schools in the UK" said Grace, House Captain for Lex.
"We had team meetings to decide on our roles and responsibilities, worked together to develop business ideas and started our business plan - we were busy, busy, busy!" exclaimed Evie, House Captain for Salus. The budding tycoons are shown in the gallery below. The business made some great links with local firms like Aspire People based in Sutton Coldfield, who have kindly teamed up with the Tycoons to help them get started and their ongoing supply chain.
National Finalists!
We found out in July that our team had made the National Finals event at Hampton Court Palace, we were stunned and delighted that all our hard work had been recognised by the Foundation. We received this message along with an invitation to the event:
"After an incredibly challenging year for schools and businesses, we had a fantastic engagement of 400+ student businesses go head-to-head, to start their own business and trade in 2020/2021. Ten teams stood out amongst all entries taking part in the competition from across the UK. The budding young tycoons received start-up loans from the Peter Jones Foundation for Enterprise, and all turned a great profit during the competition. In total, over one thousand high-calibre students received funding to start their businesses. This year, businesses spanned from homemade soaps and personalised necklaces to website designing and facemasks."
The result was that our business; Fun to Last a Lifetime, was the national runner-up to the overall winners of the competition! At the finals event we were first up on stage to pitch to Peter Jones and take questions and even though we were nervous we were confident and proud of our achievement. What a day! See the gallery below for photographs of our business journey.
About Tycoon in Schools
The Tycoon Enterprise Competition is a free national enterprise competition, which aims to encourage the UK’s budding entrepreneurs to get involved in business by giving them a start-up loan of between £50 and £1000 to run a business whilst at school or college.
Launched in 2012 by Peter Jones CBE and supported by the Department for Business, Innovation and Skills and referenced in Lord Young’s ‘Enterprise For All’ review, Tycoon in Schools was developed as a direct response to repeated calls for a national enterprise challenge in schools. The competition allows students to start and run a business whilst at school or college, thereby allowing them to gain valuable hands-on experience of what is involved with running a business.
Representing Salus - Hrithik and Evie
Representing Populi - Jaya and Konnie
Representing Suprema - Harry and Jessie
Representing Lex - Grace and Daisie
To see our Young Tycoon's progress on the leaderboard please click here
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