Young Enterprise's mission statement is "to inspire and equip young people to learn and succeed through enterprise."
Its guiding principle is to do this through "learning by doing".
Here at Andrew Marvell over the past few years we have been very successful with the programme and we have seen just how much the students benfit from their participation in the programme with our own eyes.
In addition we are now a Centre of National Excellence for Young Enterprise, something which we are very proud of.
Benefits of the Young Enterprise programme
- Participation in the Young Enterprise Company Programme correlates with better future earnings
- In particular in the 30+ age group alumni earn a third more than their peers
- Young Enterprise Company Programme alumni are twice as likely to start their own business as their peers
- Alumni had a greater appreciation of their skills and the opportunities available to them on leaving school
- The YE alumni are more passionate about their jobs than their peers with 77% of alumni fulfilled and engaged by their jobs, compared to only 59% of the Control Group
- YE alumni are more successful in their careers than their non-participating counterparts (even when taking into account family affluence)
- YE alumni are more likely to get involved in voluntary work (55% compared with 39% for the Control Group)
- Amongst business-owning alumni, Young Enterprise was ranked as the most significant experience they drew upon when establishing and building their venture
- Overall, YE alumni felt that Young Enterprise contributed to their skill development more than anything else, including work experience, extra-curricular activities and school
The students have won many awards including: Best Hull Company, Best Managing Director and Best Teamwork.