Tuesday, March 11, 2014
Ardenne named Junior Achievement Company of the Year for 2011Tuesday, June 28, 2011
'TOUCH a Button', a company owned and operated by students of Ardenne High School in St Andrew, was last Saturday crowned the 2011 Junior Achievement Company of the Year, sponsored by Scotiabank.
Ardenne High out-performed 25 other student companies from across the island in an entrepreneurial competition organised by Junior Achievement Jamaica.
The award was given as part of an awards ceremony at the Rex Nettleford Hall Multipurpose Room at the University of the West Indies, Mona. This was one of several events held during a four-day conference facilitated by Junior Achievement Jamaica, which marked the culmination of an entrepreneurial programme dubbed the 'Junior Achievement Company of Entrepreneurs Programme 2011'.
Over the past 15 weeks, the 26 companies conceptualised a business, developed a product, wrote a business plan, sold shares, started their company and sold their products and services.
All the businesses liquidated at the end of the 15 weeks, paying dividends to shareholders of their companies.
Products developed during the programme ranged from exquisite handcrafted jewellery to handcrafted 'Glow In The Art' pottery were some of the many products developed during the programme. The companies were evaluated based on the reports they were required to submit; including a marketing, public relations, product development report, corporate social responsibility, finance and human relations reports. They also had to be assessed by a team of judges at an entrepreneurial expo hosted at Devon House last Friday.
Keynote speaker at the awards ceremony, 24-year-old Tyrone Wilson, chief executive officer of eZines Limited, explained to several business owners, company executives and the over 80 student entrepreneurs in attendance that in business one has to be willing to make sacrifice.
While lauding the efforts of Junior Achievement Jamaica in its promotion of entrepreneurship, he urged the participants to take full advantage of the opportunities they have to further develop their business.
Nine other category of awards were also presented by Junior Achievement at the ceremony. Ardenne High also copped two of these, being awarded the ADeB Consultants most creative marketing award and best overall marketing.
True Blue Achievers of Jamaica College took home the FirstCaribbean International Bank award for the best finance team. St Jago High School's Tiles Gone Wild, took home the awards for the best Human Relations team and the Scotiabank Award for the most socially responsible product.
The Jamaica Producers award for best production team and Power 106 award for the best public relations team went Glowbal Inc of Rise Life Management. Awarded with the most innovative product and most socially responsible company awards was All Coconut Enterprise from Edith Dalton James High. Negita Brown, the company advisor of DaCuss Enterprise, a Rise Life Management group was recognised as being the top advisor in this year's programme.
In addition to trophies and plaques, the top teams also received company shares as part of their prizes. Ardenne' s Touch a Button received $60,000 worth of Scotiabank's shares, Jamaica College's True Blue Achievers received $40,000 worth of Jamaica Producers' shares, while All Coconut Enterprise from Edith Dalton High received $30,000 worth of shares from Jamaica Producers.
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