Best Young Business Brains

Event will unearth best young business brains

SWANSEA Bay could unearth the next Richard Branson thanks to an innovative business competition soon taking place.

The Swansea Bay Business Dragons 2011 competition is challenging teams of year nine students from secondary schools in Swansea, Neath Port Talbot and Carmarthenshire to create and develop a business idea around the theme of the London 2012 Olympic Games.

The competition will take place over the next six months and teams will compete in an inter-school round, an area semi-final and a regional final.

Local businesses will be brought in to mentor and work with the teams and help them develop their business ideas and marketing plans.

The competition will end with a Dragons Den-style final in November when short-listed teams will pitch their business ideas to a judging panel of local business experts.

The winning team will scoop £1,000 and the title of Swansea Bay Business Dragons 2011.

The competition is being organised by the Swansea Bay Partnership in association with Careers Wales West. It will be sponsored by Wales & West Utilities.

Graham Edwards, Wales & West Utilities Chief Executive, said: "We’re proud to be supporting this innovative new competition.  The future of business is in the hands of our young people and Wales & West Utilities is delighted to be involved in an event that encourages business thinking and entrepreneurship in schools."

Phil Holmes, Chair of Swansea Bay Partnership, said: "This is a great way to encourage young people to develop entrepreneurial skills and to consider business as a future career path. 

"Many of our local businessmen and women have volunteered to mentor during the event which will give the students a real feel for the world of business."

Contact Sarah Toomey of the Swansea Bay Partnership for more information on:-

mailto:sarah.toomey@swanseabaypartnership.com , Tel: 01792 545066. Or visit http://www.swanseabaypartnership.com/