Teenage business students will have their tuition fees paid for their first year at university if they win a new competition backed by the Institute of Directors and former Apprentice star Felipe.
Glyndŵr University is offering the free fee prize, worth £8000, to up to three students who finish first in a Young Business Brain competition if they go on to apply and enrol at the Wrexham institution.
Lecturers from the North Wales Business School are leading the competition, where students will complete three challenges across one day in regional heats.
The winning teams from the heats – North Wales, North West and the Midlands – compete against each other in a grand final in January 2016, judged by lawyer Felipe Alviar-Baquero, who made it to week nine of the hit BBC One show in 2014.
Young Business Brain is being supported by the IoD and the CMI, the Chartered Management Institute.
Professor Chris Jones, head of the North Wales Business School, said: “The North Wales Business School at Glyndŵr University aims to become one of the most innovative and forward-thinking schools in the UK.
“We’re proud and passionate about having lecturers who have worked in industry and remain connected to it as we believe that’s something which is essential to the success of our students both here and when they graduate.
“The business world is a great place to be and we hope that through the competition we can inspire some of the young people who attend to follow a career in the industry.”
At each heat, teams of students will compete across three rounds based around the creation of a business idea connected to adventure tourism.
Teams will be given one to three tokens based on the strength of their pitch to use in round two, where they can be exchanged for advice from a mentor on one of 10 different areas.
These include accounts, business planning, events management, human resources, marketing, branding, law, market research and operation management.
In the final round, teams will be asked to deliver a 15 minute presentation after which a winner will be announced.
The first heat, for North Wales, is at Glyndŵr University on Friday, November 6, and the grand final on Friday January 15.
For more information or to get involved with the challenge email [email protected]
