Little Acorn Win the Key Stage 3 Tycoon in Schools Award at Buckingham Palace
Friday 10th March 2017
“Little Acorn” took part in the nationwide competition, Tycoon in Schools and won the Key Stage 3 award at Buckingham Palace on Monday presented by HRH Prince Andrew and Peter Jones CBE.
“Little Acorn” took part in the nationwide competition Tycoon in Schools, which encourages schoolchildren to engage in business enterprise projects with a start-up loan of between £50 and £1,000.
The group consisted of Amelia Foord (finance), Eve Lloyd (marketing), Ruth Donovan (production), Holly King (production), Annabel King (production), Amy McCall (manager) and Ellen Giles (production) from U4. They produced personalised, handmade family trees and managed to turn a £174 start-up loan into a return on loan ratio of 189%.
We were honoured to be invited to Buckingham Palace on Monday 6 March 2017, after being shortlisted into eight finalists. We are pleased to announce that “Little Acorn” were named as the winners of the Key Stage 3 category. The group answered questions about their business idea and their products from a variety of invited guests from the business world and the panel of judges.
Team manager, Amy McCall, said:
“Tycoons in Schools has been a great experience, something I had never done before. I am very glad that all of our hard work paid off, as going to Buckingham Palace and meeting HRH Prince Andrew along with Peter Jones is something we could dream about! When our names were called out for the winner of Key Stage 3, I was speechless. This whole competition has taken a lot of commitment, and I would recommend it to any other young entrepreneurs wanting to start up their own business.”
Entrepreneur and Dragon’s Den star Peter Jones CBE, who is behind the Tycoon in Schools competition, said:
“It is always such a great honour to crown the winners of Tycoon in Schools at Buckingham Palace. I have been bowled over by the achievements of all the students throughout the competition, and it has certainly been the most successful Tycoon in Schools yet.”
I would also like to take this opportunity to congratulate all 3 groups from Queen Anne’s School who competed fiercely in the competition this year (Little Acorn, CorKreations & Funky Funda), who have collectively raised just over £632 for their chosen charities: Teenage Cancer Trust, Make a Wish Foundation, and Macmillan Cancer Research, respectively.
Economics & Enterprise