Innovation Raises the Bar

Year 11 Business Studies students recently entered the ‘Shark Tank’ to pitch their innovative ideas to an audience of fellow students, teachers and business representatives. This year saw the largest cohort of students to ever pitch their ideas for this assessment task.   

 

Students collaboratively wrote a business plan which included developing a diversification strategy for an existing business. They created new promotional strategies, with a focus on social media campaigns. Whilst some students had a technological focus others considered corporate social responsibility and how they could benefit the community through solving environmental and mental health issues.

 

The project enables students to gain valuable insight into the process of strategically managing a business, as well as honing their presentation skills. Innovative business ideas included childcare services, dog spas, luxury interior design, nutritional services, clothing manufacturers and dessert bars.

 

Mr Michael Sivris who is a regular guest on the judging panel commented that “this year’s presentationw were the highest standard to date.”

 

The following students were awarded prizes:

 

 

Awards:

 

Best Business Plan: Benjamin Oliver & James Farah, Business: Minder Finder, service matching carers with children, pets and the aged.

 

Marketing Maestros: Thomas Norman & Joel Lindau, HideAway, safe and secure devices to hide your valuables, e.g. secret pockets in suits.

 

Government Grant: Chloe Hong & Rania Nand, Colours of Difference, not-for-profit homewares.

 

Best Teamwork: Heath Cauchi & Elena Cassidy, Apollo, accessible charging solutions. 

 

Best Individual Speaker: Isabella Zileski, GenFit, fitness service. 

 

 

Thank you to our judges and industry representatives Dr Nigel Bairstow and Mr Michael Sivris for providing invaluable feedback and encouragement to our students.