Connexin £10 Challenge winners 2018
The school’s education charity The Hull Collegiate Trust launched the £10.00 Entrepreneur Challenge last month.
The £10 Challenge is sponsored by successful Hull based business Connexin. Founded in 2006, Connexin specialises in award winning Fibre Optic and Voice Services for business and residential customers. Connexin is now an international business with customers all over the world. Going from startup to a larger business, they have stayed true to their mission statement which is:
The founders of Connexin; Furqan Alamgir and Alex Yeung are both ex pupils. They now lead the company with a further 2 ex pupils Will and Max.They are great examples of how you can be entrepreneurial and build your own successful business. In February Will came into school to talk to the pupils during assembly about the challenge. Half way through the challenge Furqan came to school see how forms were progressing and to offer support in the final push of the challenge. He was pleased to see the competitive edge running through the school.
Pupils worked in forms. Over the course of 4 weeks they researched, planned, sourced materials, promoted and sold their goods. Each form had to decide on an idea and submit a business plan along with all marketing material to qualify for one of the prizes:
- Best Strategy
- Best Idea
- Best Marketing Plan
- Most Money Raised
- Overall Winner - the form who had a great strategy, marketing and reasonable profit.
Will presented the awards to the winners.
The challenge is a highly interactive way for pupils to develop key skills whilst attempting to make as much profit as possible out of £10. They made £850 for the Trust. In addition to this, Connexin have donated a further £850 in memory of Peter Beckett, Mrs Mertens father who sadly passed away recently.
This is fabulous amount for the Hull Collegiate School Trust which provides financial support to help both prospective and current pupils of Hull Collegiate School whose family circumstances mean that they cannot afford the cost of co-curricular and extra-curricular activities, such as educational visits, bus travel, music tuition and school uniform.