We did the Royal Holloway Apprentice!

Posted by Florian Jensen on March 23, 2010 under Competitions, Events, News | Be the First to Comment

We are pleased to announce that the Royal Holloway Apprentice teams raised a grand total of £1276 in aid of The Prince’s Trust last week. Royal Holloway Entrepreneurs ran an Apprentice style competition on campus for one week, giving six teams a £50 budget and the opportunity to run small-scale companies.  The winning team Dynasti Entertainment successfully raised a total of £447.45 making more than third of the total profits. They engaged in different fund raising activities from kick up competitions to wet sponge throwing!

When asked about their biggest challenge, Dynasti said that they would’ve wished a better co-operation of the SU. However, they were surprised to find a student body that was willing to help Charity. “… when they heard this was for charity, their pockets opened up, greatly.”

When we asked the team leader about his main motivation for raising money, he said that he hopes that the money raised “would help someone to achieve something, a better lifestyle.”

“We learned that there are a lot of challenges, and a lot of setbacks, which can hinder you from achieving your goal, but if you’re persistent enough, you can achieve what you set out to do.”

Dynasti also would like to thank all of the students for their support and all the other teams for their help in raising money for the Princes Trust.

Team Veritas proposed an unusual business concept based on a model featured in the best-selling Freakonomics, enabling consumers to pay the price they wish to pay. Veritas set up a stall selling bags of sweets and left a voluntary moneybox requesting for £1 per bag.

After encountering difficulties team Enigma successfully ran an event on Saturday evening taking on the challenge to mimic Ant and Dec’s Saturday Night Takeaway.  The Chocolate Makers looked to provide campus with an endless supply of chocolate fountain and an assortment of marshmallows and strawberries. Team MATT-MC-ABE took it on them-selves to establish a company that had an ethical stances selling RHUL student’s unwanted clothing. There was such a great response to this company that students are requesting Team MATT-MC-ABE to continue selling second hand clothing on campus. We will have to watch this space! Last but by no means least, team Universal came second closely following Dynasti making £350 selling Krispy Kremes around campus.

The “Margaret and Nick” mentors from Royal Holloway Entrepreneurs, Francesca Chant and Jess Ratcliffe want to thank all the teams for working so hard for the society and the Prince’s Trust.

Although the week is over The Apprentice prize giving event will be held during Royal Holloway Entrepreneurs’ closing event in Founders’ Main Lecture Theatre (MLT) on the 25th of March. The guest speaker is the society’s Founding Patron Sir Alec Reed CBE. Also attending will be Enterprise Rent-a-Car, the event sponsor, and a representative from The Prince’s Trust. Along with awarding our winners with their prizes, a further team will be awarded for the most original and creative idea, which will be announced on the night. This event should be a really great evening also offering networking opportunities with everyone involved.

Thursday 25th of March 2010 @ Founders’ MLT
http://www.facebook.com/event.php?eid=107332882624641

We all hope to see you there one last time!