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Congratulations to the group of students (Where's Woolly) from Nelson College who have won The Lion Foundation Young Enterprise Company of the Year title.
Besting more than 600 student-led companies from around New Zealand, the team of Where's Woolly claimed the national title on 6 Dec at the annual Young Enterprise National Awards in Wellington.
The hero product for Where's Woolly – a themed children's book – has sold over 1100 copies throughout 26 countries, garnering the team a $3000 cash prize, as well as a $5000 scholarship from Massey Business School for each team member.
To win the national title, Where's Woolly pitched their business to the national judging panel, which included leading CEO’s, company directors and venture capitalists. “We spent so many hours on this business, and it's all paid off,” said Alistair King, CEO of Where's Woolly. “We couldn't be prouder.”
Wellingtonian Andrew Tang was also recognised at the awards. Andrew, a YES student from Scots College, won the Chartered Accountants Australia and New Zealand CEO of the Year Award. Andrew impressed with his ability to empower directors and represent his company to stakeholders across the country, and was clearly delighted with the award. He said, “It's easy to be a leader when everything is going well, but you learn far more when things don't turn out the way you expected.”
Young Enterprise CEO Terry Shubkin remarked that Where's Woolly were worthy winners. “Today the judging panel heard from 23 YES companies from throughout New Zealand. Where's Woolly stood out because they were stars in sales and marketing, and were not happy with just creating a single product. They have looked for multiple ways to extend their product including diversifying in the digital space, and are already taking their business to the world in 26 different countries.”
More than 3,400 secondary students across New Zealand took part in the Lion Foundation Young Enterprise Scheme this year. The programme is managed nationwide by Young Enterprise Trust, a non-profit organisation which fosters the entrepreneurial spirit in students throughout New Zealand
*Original article by Young Enterprise Trust
Young Enterprise Scheme National Awards 2017
Congratulations to Olelei from Henderson High School in Auckland who have been awarded first place as The Lion Foundation Young Enterprise Scheme (YES) Company of the Year.