County Durham Future Business Magnates 2010-11
by WIN Admin — published in Press Releases
FBM is a fun competition with an important business message.
FBM was started in Durham City and has run successfully for 5 years. The competition is now county-wide and 22 schools have signed up to participate in the 2010-11 competition.
The competition provides an opportunity for schools to encourage enterprise skills and introduce students to the excitement and exhilaration of working in business.
FBM introduces local businesses to the world of education and provides a basis for developing corporate and social responsibility.
Companies and organisations can be involved in a number of ways, as follows:
Business Partners
Each school has a nominated business partner to support their team. The minimum expectations of a business partner are:
• A named employee (ideally 2 employees) who will act as mentor for ‘their’ team and will take phone calls and e-mails from students, offer advice and guidance, and contribute directly to the delivery of the team’s proposals and challenge submissions
• Attend regular meetings at the business or school premises with their team and teacher
• A willingness to share business skills and experience, and to welcome the team into the business, involving colleagues as and when appropriate
• Attend Challenge Days, such as Team Building Day, to support their team. In addition, attend awards dinner.
Average time commitment – 2-4 hrs per month between November and July
If any business would like to find out more about what is involved:
Look at web-site www.fbmdurham.info
Brian Wray from Mechplant North East Ltd has been a business partner for 2 years and is passionate about the competition. He would be willing to have a chat over the phone if a potential business partner wanted to find out more about what is involved.
Tel: 0191 377 8222 begin_of_the_skype_highlighting 0191 377 8222 end_of_the_skype_highlighting
If any businesses are interested in supporting the competition but are unable to commit the time to be a business partner, there are two other ways they can be involved:
• Being a business source
• Providing sponsorship for the competition
Business Sources
These are businesses that are enthused by the competition and want to be involved to provide specific advice, but are unable to commit the time required to be a business partner.
They may have expertise in marketing, finance, business premises etc, and be willing to make their expertise available for all teams to call upon.
Sources will offer information and advice when required, over the telephone or by e-mail, and may be able to meet with representatives of the teams to answer specific queries.
Business Sponsorship
For the first time this year there will be a number of additional prizes awarded in addition to the overall winner and runner-up of the competition, as follows:
1. Most innovative business idea
2. Best brand name
3. Best marketing slogan
4. Best use of advice and support
5. Most effective team
6. Best use of technology
7. Best presentation
8. Best financial plan
The cost of sponsoring one of the above prizes is £500 which entitles the sponsor to the following:
• Named as sponsoring prize in the competition brochure to be distributed to all schools and business partners participating
• PR opportunities
• Invited to attend launch
• Two seats at Awards Dinner in July 2011
• Present prize trophy to the winning school team at Awards Dinner
• Be associated with successful competition developing enterprise skills in young people.
Sponsorship towards the overall competition is welcome. Any business providing sponsorship will receive:
• Named as sponsor in the competition brochure to be distributed to all schools and business partners participating
• PR opportunities
• Invited to attend launch and Awards Dinner
• Be associated with successful competition developing enterprise skills in young people.