Teams of final year business students launch their start-up companies.
Final year undergraduate students studying at the Business School have launched their own companies as part of the Young Enterprise unit.
The unit develops business acumen through real-life experience and encourages entrepreneurship by challenging business students to develop, brand and market a real company. Team members take on leadership roles within their own companies such as Managing Director, Finance Director, Marketing Director and HR Director.
Expert support and advice
Sixteen teams met with a number of business advisors who judged their trade stands through ‘Dragon’s Den’ style presentations and offered critical feedback and advice on their ideas and strategy. The event marks the launch of their companies, which will now actively trade for the next three months.
Each of the teams will benefit from further mentorship from a team of advisors in the business and start up world and a stellar line up of expert guest speakers including Heather Waters, Enterprise Manager at Natwest and Ben Owen, Director of Venture Travel Group and a Business Management graduate.
Their Young Enterprise journey will culminate in the delivery of a business pitch with the winners going on to compete against other universities in the regional, and possibly national, start-up finals. Manchester Met teams have fared well in previous competitions.
Developing vital business skills
David Taylor, Principal Lecturer in Entrepreneurship at Manchester Met, believes it is integral that modern business degree programmes are imbued with entrepreneurship. Indeed, the University was previously named a Centre of Excellence for entrepreneurial teaching and learning by the Institute of Enterprise and Entrepreneurs at the House of Lords.
He said: “Our Young Enterprise unit allows students to come together outside of the lecture theatre and develop the softer skills that will be vital for them to become successful business executives and entrepreneurs who will lead the next generation of companies that drive economic success.”
The unit also forms part of the national Young Enterprise Start Up curriculum enhancement initiative for students studying all disciplines of business and management.
Explore the 2018 Young Enterprise teams below
The Charge It team have designed a portable phone cable that is small enough to have on your keychain.
This team have created a ‘design your own’ mobile phone case. The case comes with child-friendly paint and a case, allowing you or your child to design a personalised mobile phone case.
Taking inspiration from the emerging gourmet food market (think flavoured popcorn), this team have developed a range of gluten free flavoured marshmallows that includes flavours such as raspberry and mint chocolate chip.
For the team behind Roffeebe’s range of flavoured coffees, using ethically sourced ingredients is just as important as creating a great tasting product. That’s why they only use Fair Trade coffee beans. From strawberry to gooey caramel, there’s a flavour for everybody to enjoy.
Not Another Health Kick
Not Another Health Kick is all about hearty healthy recipes designed to complement an active lifestyle. The team have both an eBook and hardback in the works so watch this space!
One Piece Lab
Based on research, One Piece Lab have created plain, branded and bespoke pieces of clothing.
Book Bike offers a range of bicycle accessories that aim to improve safety as well as energy consumption. Their Dynamo Charger collects the green energy you generate whilst cycling and allows you to use it to charge your electronical devices.
The Trackit team have created a conveniently sized tracking device, aimed primarily at the student market, which helps users to find their keys with a mobile phone app that links to the device.
Umbrellos offer a range of high quality umbrellas and ponchos. They have also created a range a seasonal hats and gloves, just in time for Christmas!
Ssh are affordable seasonal hampers for students. The Christmas hamper includes fluffy socks, chocolates, a mug and a candy cane. The contents will change depending on the time of year, with Valentine’s and Easter themed hampers already in the pipeline.
The Ooto team have created a range of eco-friendly candles that are produced by hand using soy wax. Their growing range currently includes scents such as cinnamon, vanilla and chocolate.
Squirt’s Adventures is a children’s book that aims to educate children about the importance of drinking water.
The team behind Hey Cane have created a small tracking device, which can be attached canes used by people with visual impairments. It allows users to find the cane by accessing an app on their phone, which will guide them to their cane.
Mimosa offers a range of bath products, including bath bombs and luxury soaps. The ingredients are all vegan and locally sourced.
Netflix, chill and a slush? Get a slush delivered to your front door with Slurps Ice. With a wide range of flavours, there’s something for everybody.
Get Your Juice Out
Get Your Juice Out offer a range of 100% fruit smoothies, made locally.
The Young Enterprise unit is available as a final year option unit on a range of our undergraduate degrees.