Enterprising pupils enter Dragon's Den at Great Torrington School 

Posted on: 11/02/2014

A class of would-be entrepreneurs from Year 7 pitched their business idea to business professionals yesterday as part of the GTS unique Learning Baccalaureate challenge to test their enterprising business acumen. 

Now in its second term, the Dragon's Den challenge is proving to be very popular with pupils keen to explore their innovative ideas.  They have six weeks to put their idea in place, carry out market research, look at the strengths and needs of their product, produce prototypes and investigate manufacturing, delivery and promotional costing. They even have to come up with examples of their promotional activities such as TV or radio adverts and what their website would look like. 

They then put their business plan forward to the Dragons.  Tensions were high, nerves were frayed and wits were tested as pupils pitched their business ideas to the panel of experts. 

The panel of "Dragons" included Mr Andrew Priest who is Packaging Engineering Leader at Actavis and Mr Terry Chaplin, accountant and business advisor.  Both of the Dragons put everyone through their paces and questions fired at the would be entrepreneurs made them think quickly on their feet and they responded with confidence. Mr Priest and Mr Chaplin were impressed by the young people enthusiasm and energy, it was infectious they said.  "Clearly a huge amount of effort had gone into the presentations which was clearly evident when they pitched their ideas" Mr Priest said his personal favorite idea was Lion's Mane, "a clever concept around an interchangeable hairdryer/ hair straighteners, curling and diffuser device - definitely one to invest in".  His personal favorite for the best presentation went to The Sweet Tooth 3000.  They had bags of energy and worked great together as a team with a very comprehensive portfolio of costing's, market research and prototype drawings and model". 

The panel heard a great variety of business ideas and really enjoyed their day, repeatedly throughout the day; they said how they were bowled over by their enthusiasm and confidence in presenting to them, the dragons.  Well done GTS entrepreneurs! 

 

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