REPORT Mid-Year IMPACT - Young Enterprise

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REPORT Mid-Year IMPACT - Young Enterprise
Mid-Year

 IMPACT
 REPORT
 2019
REPORT Mid-Year IMPACT - Young Enterprise
the          FEEDER                    CLASSROOM
          PROGRAMMES                   RESOURCES
           RANGATAHI BUSINESS          ENTERPRISE STUDIES
              CHALLENGE
                                          MARKET DAY        Aim to drive
          BP BUSINESS CHALLENGE                             participation.
                                           START-UP
               GROWINGNZ
             INNOVATION DAY               GROWING NZ
                                     INNOVATION CHALLENGE
            TEEN PARENT UNIT
               CHALLENGE

                             YOUNG
                                                            Our flagship
                           ENTERPRISE                       programme.
                             SCHEME
journey

                            EXTREME
                          EXPERIENCES                       Transform
                                                            students, create
                                                            & connect
                      ENTREPRENEURS IN ACTION
                                                            entrepreneurs.
                           (EIA) WEEKEND

                    OVERSEAS BUSINESS EXPERIENCES

                           YES ALUMNI                       Supporting
                       START-UP ACCELERATORS                engagement in the
                                                            business eco-system.
                       INCUBATOR PROGRAMMES
REPORT Mid-Year IMPACT - Young Enterprise
2019: we're off
                           to a great start!
                                      The first half of the year has already flown by
                                        and we’ve certainly been busy. Here’s what
                                                 we’ve been up to across the board...

                                                 EXTREME EXPERIENCES: We’ve been busy
CLASSROOM RESOURCES: Our Roaming                 rallying our most passionate YES students for
Teachers have been on the road across NZ,        ourYES   PROGRAMME:
                                                      annual             We’ve
                                                             Entrepreneurs       hit new
                                                                            in Action    highs and
                                                                                      weekend
helping over 85% of NZ secondary schools             with the YES programme    having  more
                                                 sending them overseas to learn about internation-
bring financial capability and enterprise into       student participation than ever before.
                                                 al business!
the classroom.

                                                    EXTREME EXPERIENCES: We’ve been busy
FEEDER PROGRAMMES: We provide junior                rallying our most passionate YES students
secondary students with a taste for business        for our annual Entrepreneurs in Action
through facilitated events that are tailored        weekend, and sending them on overseas
to suit a variety of themes and industries.         business experiences to Latin America and
                                                    Southeast Asia.

                                                                        YES Mid-Year Impact Report 2019 3
REPORT Mid-Year IMPACT - Young Enterprise
FEEDER
PROGRA
Facilitated experiences
that drive participation.
REPORT Mid-Year IMPACT - Young Enterprise
R
AMMES
REPORT Mid-Year IMPACT - Young Enterprise
163
                                                         students
                                                       from 10 schools have
                                                       attended a Rangatahi
                                                        Business Challenge.

   E mihi ana ki Te Puni Kōkiri mō
   a rātou putea tautoko mo te
   whakataetae pakihi rangatahi
   2019-2020.
   At the 3-day events in Waikato and Whangarei
   students learnt about starting and running a
   business. Students developed work-ready skills
   and connected with local Māori entrepreneurs
   who are sharing their talents, passions and
   skills across Aotearoa.
   We’re excited to be hosting the Rangatahi
   Business Challenge in Whakatāne, Manawatu
   and Rotorua later this year.

      LEARN MORE

   This initiative is made possible by our dedicated
   Māori Outreach Coordinator Natania Katene,
   whose role is funded by MBIE and Te Puni Kokiri.

6 YES Mid-Year Impact Report 2019
REPORT Mid-Year IMPACT - Young Enterprise
1650
                                                 students
                                                from 33 schools have
                                               attended a BP Business
                                                     Challenge.

We’ve already held 22 BP
Business Challenges across
the country, and there are
more to come!
At a BP Business Challenge, Year 11 students
create a virtual business concept and plan,
and then pitch to a judging panel comprised
of local business leaders.
The new 2019 challenge reflects the business
world that students will be entering so
that they can explore business ideas
starting from an issue that interests
them, and with a social enterprise
or for-profit business model.

                                                       YES Mid-Year Impact Report 2019 7
REPORT Mid-Year IMPACT - Young Enterprise
26
                                                 students
                                                  attended one of
                                                 three Teen Parent
                                                  Unit Workshops.

                Teen
                Parent
                Units
  We’ve held Teen Parent Unit Workshops
  in Whangarei, Auckland and
  Christchurch where students learnt
  about business and entrepreneurship.
  At these 2-3-day workshops, young parents
  learn about starting a business, and the
  fundamentals of how they might do this. The
  workshops are an opportunity for them to
  develop soft skills such as interviewing and
  presentating to potential employers.
  There are more Teen Parent Unit Workshops
  to come in 2019, so stay tuned!

8 YES Mid-Year Impact Report 2019
REPORT Mid-Year IMPACT - Young Enterprise
166
                                                      students
                                                   from 20 schools attended
                                                    a GrowingNZ Innovation
                                                          Challenge.

The GrowingNZ Innovation Challenge
Days ask Year 10 students to use
investigative research and practical
knowledge of science, technology and
business to design and prototype a
solution to a real-life situation being
faced by New Zealand’s primary sectors.
We’ve held events in Lower Hutt and Hastings,
and have more coming up in Palmerston North,
Timaru and Dunedin, but the challenge can
also be undertaken in-class using the teacher
led resource. We can’t wait to see more young
innovators solving the problems currently facing
our primary sectors.

   LEARN MORE

                                                            YES Mid-Year Impact Report 2019 9
REPORT Mid-Year IMPACT - Young Enterprise
YOUNG
ENTERPR
SCHEME
Our flagship
programme.
RISE
E
Student participation has reached new
                                     heights with more than 4000 students
                                     participating in the YES programme.
                                     We’re excited to be unleashing more
                                     enterprising young people than ever before!

We’ve
Hit 4000!
12 YES Mid-Year Impact Report 2019
The first half of 2019 saw YES students across the
country nail their Kickstart|Tīmata Days as well
as their Product Validation, Pitch and Promotion          Number of students
Challenges. They’re now well into the YES year              participating in
and entering the Sales stage of their respective           YES programme:
businesses and will soon be submitting their Annual
Reviews. Crunch time is fast-approaching!
                                                           4032
                                                        (up from 3857 in 2018)

                                                         Number of schools with
                                                        students participating in
                                                          the YES programme:

                                                              200
                                                         (up from 187 in 2018)

                                                         Number of registered
                                                           YES companies:

                                                           1000
                                                         (up from 915 in 2018)

                                                      YES Mid-Year Impact Report 2019 13
EXTREM
EXPERIE
Transforming students,
creating & connecting
entrepreneurs.
ME
ENCES
Entrepreneurs in Action – an annual highlight for
  YES students (and staff) – brought 80 of our most
  passionate students to compete in two back-to-back
  business challenges with scholarships and overseas
  business experiences up for grabs!

16 YES Mid-Year Impact Report 2019
The Challenge 1 sponsor, Ministry for Primary Industries, tasked
the students with creating a solution to reduce waste and/or create
added value from waste in the fruit production industry. In the NZTE
Challenge, students developed a market entry strategy to a Latin
American country for a Dunedin-based SaaS company.
Team Uprise Digital took out both challenges and in doing so,
each team member won $7000 from Massey University and an
overseas business experience with LatAm Biz to Chile, thanks to the
Latin America Centre for Asia-Pacific Excellence. Eight individual
students also scored a LatAm Biz adventure based on their personal
performance throughout the weekend – they’ll be off to Brazil in
December!
The weekend would not have been possible without the ten fantastic
companies who hosted and mentored the students over the course of
the weekend. Thanks to:

   “What we were doing at EIA was something I could see
   myself doing as a career, and it provided me with some
   real experience that you just can't get at school!”
   Sam Wixon, EIA 2019

                                                   YES Mid-Year Impact Report 2019 17
YES Goes
                                     Global
                                     Thanks to the Latin America and Southeast
                                     Asia Centres for Asia-Pacific Excellence,
                                     we’ve sent 38 of our most passionate
                                     YES students on an overseas business
                                     experience so far, and have more trips
                                     planned for 2019.

18 YES Mid-Year Impact Report 2019
LATAM BIZ & SEACAPE BIZVENTURES 2019

        COLOMBIA                    THAILAND
        8 Students                  10-12 students
        January 2019                October 2019

        SINGAPORE                   CHILE
        10 Students                 8 students
        January 2019                October 2019

        VIETNAM                     BRAZIL
        12 students                 8 students
        April 2019                  December 2019

        ARGENTINA
        8 students
        July 2019

These trips are an opportunity for young
entrepreneurs to extend their global business
knowledge and understanding of international
trade environments. Here’s to our young Kiwis
thinking big on the world stage!

                                                     YES Mid-Year Impact Report 2019 19
We’re excited to have partnered with
   The Global                        NZ at Expo 2020 to create the Global
                                     Kaitiakitanga Project – a 14-month
   Kaitiakitanga                     programme of high-quality mentoring
   Project: NZ at World              and international collaboration for five
                                     fantastic YES companies with a focus on
   Expo 2020, Dubai                  sustainability.
                                     At the culmination of the programme, the
                                     teams will compete against each other to win an
                                     opportunity to travel to World Expo 2020 in Dubai,
                                     where they will showcase their business on the
                                     world stage at the NZ Pavilion. The programme
                                     also includes a travel opportunity to Thailand
                                     with the Southeast Asia Centre for Asia-Pacific
                                     Excellence, mentoring workshops led by NZTE
                                     experts and up to $2000 of seed funding for each
                                     team.
                                     We’re grateful to our friends at NZ at Expo 2020
                                     for helping YES create this amazing opportunity
                                     for our YES students.

20 YES Mid-Year Impact Report 2019
The YES companies who have been selected for the Global Kaitiakitanga Project are:

                   CLOUDMASS                                             TOP THAT!
                     CloudMass have created a                             Top That! is the new
                     miniature tracking device                            gourmet allergen-
                     that that can be used for                            friendly meal topper,
                     consented care and monitoring                        carefully crafted to
                     of dementia patients in a way                        enhance the healthy
                     that ensures the safety of the                       eating experience. Made
patient whilst allowing them freedom in their daily   from scratch, Top That! combines various
lives.                                                textures and flavours - even packaged
                                                      in washable and reusable packaging - to
                                                      promote eco-friendly plant-based living.
                    TE KETE Ō TANGAROA
                    To create a polystyrene
                                                                         WRAPT
                    bin alternative for seafood
                    exporters, Te Kete ō Tangaroa                         Wrapt is an edible,
                    is currently prototyping 3D                           biodegradable,
                    printed bins that mimics the                          allergen-free plastic
                    bladder structure of rimurapa                         wrap alternative. Wrapt
                    (kelp).                                               strives to amplify the
                                                                          fun, flavour and colour
                                                      of wrapped foods while helping to save the
                   TE TUITUI MATAURANGA               earth, one wrap at a time.
                    In response to growing
                    concerns about our
                    environment, climate change,
                    water sustainability and
                    maximisng the return from the
                    land, Te Tuitui Matauranga
has created drought-tolerant seeds. The company
is now working in partnership with Plant and Food
(NZ) and Wrightson's Seeds.

                                                                          YES Mid-Year Impact Report 2019 21
YES in                                   YES NAMED AS FINALIST
                                            FOR THE WELLINGTON GOLD

   the News
                                            AWARDS 2019
                                            We were named as a finalist in the Supporting
                                            Gold category for our work in bringing enterprise
                                            into the classroom. Winners were announced at
   Whether it’s our students or Young       the gala dinner on 24 July. Unfortunately we didn’t
   Enterprise itself, we’re making waves!   take out the final prize, but our very own Head of
                                            YES - Liz Pittman - won the dress-up competition!

                                                READ MORE

22 YES Mid-Year Impact Report 2019
YES STUDENT NAMED IN                            YES COMPANY BOOMERANG
MYD 2019 YOUTH AWARDS                           MAKES THE BREAKFAST SHOW
YES Class of 2018 and 2019 student Niels        The girls from YES Company ‘Boomerang’
Grosmann received the Taiao – Commitment to     featured on TV1’s Breakfast show for their work
the Environment Award at this year’s NZ Youth   in creating birthday parties for children from low
Awards for his work in YES companies Volt       socio-economic families.
Electric (2018) and Intura (2019).

   READ MORE                                        READ MORE

                                                                      YES Mid-Year Impact Report 2019 23
YES
                                          This year we have made a big effort to better
                                          understand our various stakeholder groups and
                                          identify some areas for improvement. Here are a

   Looking
                                          couple of things that we have in the pipeline so far:

                                          ALUMNI STRATEGY: We’re on a mission to
                                          cultivate stronger engagement with and among

   Forward
                                          our alumni. We want to enable and foster a vibrant
                                          network that celebrates achievement and creates
                                          opportunities for YES alumni after their time
                                          participating in a Young Enterprise programme,
                                          and well into their professional careers.
   In typical Young Enterprise fashion,
   we’re juggling a few new initiatives   To get things started we’ve established an Alumni
                                          Advisory Group and are excited to be holding our
   that we think you’ll like.             first alumni event in Auckland soon.

                                          VOLUNTEERS: YES depends largely on
                                          the time and effort of thousands of generous
                                          volunteers every year. Therefore, it seems only fair
                                          that we look for ways to engage, prepare, support
                                          and celebrate the amazing people that make what
                                          we do possible!

                                          THOUGHT LEADERS: YES works with youth,
                                          for youth and is constantly aiming to do bigger and
                                          better in this space. We’ve been active in improving
                                          how we listen to and understand our young people,
                                          so we can continue to play a lead role in creating
                                          and sharing best practice for the development of
                                          mindsets and skillsets.

24 YES Mid-Year Impact Report 2019
IT’S BUSINESS TIME
CONFERENCE 2019

Every two years YES holds an event
for another one of our key stakeholder
groups – our teachers.
It’s Business Time (IBT) is a 2-day showcase
of NZ business stories and ideas curated to
complement the YES programme and current
curriculum, and is designed to help educators
bring innovation and entrepreneurship alive in
the classroom.
IBT bridges the gap between the education
and corporate worlds, and is an opportunity for
educators to learn about what businesses are
looking for in potential employees, so that they
can better prepare young Kiwis for life outside
of school.

   LEARN MORE

                     YES Mid-Year Impact Report 2019 25
Sponsorship
  Opportunities

  Rangatahi                     YES National                  It's Business          NZ Business
  Business                      Excellence                    Time                   Hall of Fame
  Challenge                     Award                         Support our            Be seen with the
  • National Principal          Naming Rights to an           2-day conference for   who's who of
    Sponsor for 2021, or        industry-specific award:      200+ NZ secondary      New Zealand's
  • Regional Sponsorship:                                     teachers               business leaders
                                • Arts & Culture
    run a programme in
                                • Sales & Marketing
    your region
                                • Māori Business
                                • Pasifika Business

  If you want to get involved with YES or help sponsor the work that we
  do get in touch with Jaime.Hayden@youngenterprise.org.nz.

26 YES Mid-Year Impact Report 2019
Sponsors and Supporters
PLATINUM                                                       GOLD

SILVER

NATIONAL

OUR SUPPORTERS

Beef + Lamb New Zealand, Crimson Education, Dairy NZ, Ernst & Young, Forsyth Barr, Fujitsu, Glenice & John Gallagher
Foundation, Insurance Council of New Zealand Inc., Massey University, New Zealand Apples and Pears Inc., Northpower, NZTE,
NZ Māori Tourism, NZQA, Ovato NZ , Ricoh, Royal Society Te Apārangi, Simplicity, SkyCity Auckland Community Trust,
Stafford Engineering Ltd, Storbie, Te Tumu Paeroa, The ICE Foundation, The Fletcher Trust, University of Otago & University of
Waikato.
                                                                                         YES Mid-Year Impact Report 2019 27
Phone    04 570 0452
    Email   support@youngenterprise.org.nz
 Website    www.youngenterprise.org.nz
Facebook    YoungEnterpriseNZ
Instagram   @youngentnz
Donation    www.givealittle.co.nz/org/yetrust
 Location   Level 2, iPayroll House, 93 Boulcott Street,
            Wellington 6011
     Post   PO Box 25 525,
            Wellington 6140                     Graphic Design by vickywalker.co.nz
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