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!

I would like to congratulate all the teams for their hard work and commitment to the competition.

So, now the thing you all have been waiting for…. the results!

Dynasti with a total of £447.45
Dynasti decided to create different fun daily projects from wet sponge throwing to football and fashions quiz’s.

Universal
Universal sold a variety of products on campus catering to all students needs.

Matt-MC-ABE
This team sold second hand clothes on campus.

ENIGMA
Ran an entertainment event on campus.

VERITAS
Veritas sold small bags of sweets around campus and provided honesty boxes inviting students to pay what they wanted for the sweet packets. This team wanted to test the honesty of Royal Holloway Students.

The Chocolate Makers
The Chocolate Makers ran a chocolate fountain in the Bedford Library.

Congratulations again to Dynasti, and to all the other teams too, you all at least DOUBLED! your investment in just a week! That’s some real entrepreneurial spirit!

I would also like to thank Francesca and Jess for mentoring and organizing most of the event.

We hope to see all of the teams, and everyone else who has been following our events, for our big end of the year event / ceremony next Thursday (25th of March) with Royal Holloway Entrepreneurs’ Founding Patron Professor Alec Reed CBE.

One group was even featured on the Royal Holloway Website.

How well? Well, judge for yourself:

So, bring your wallet when walking to Campus tomorrow, and keep a look out for the different teams selling goods.

Please click the image above for information and signup.

Rules

• At least one group member must report to their assigned Royal Holloway Entrepreneurs Committee member at 5pm everyday, throughout the competition and provide them with the total amount raised that day.
• The business must be legal and at no point should any group member undertake illegal activities to increase profits or benefit the business.
• At least one group member should keep accounts for the business.  These should include a break down of costs, going out and coming in to the business – group members should keep receipts to back up the total spent.  The accounts will be handed in to the Royal Holloway Entrepreneurs judging panel at the end of the competition.
• Group members are must keep costs within the £50 budget given to them at the start of the competition.  Group members must not use their own money to gain an advantage over others.
• The student business should be run on campus.
• The groups who choose to ignore any of the above rules will be disqualified from the competition.

Signup

Please fill in the form below. If your team has been selected for the competition, we will get in touch via SMS / Phone on Monday around 10am.

The launch event will be taking place on the 4^th March, where further details and further company ideas will be given.  During The Apprentice week, teams will be assigned a mentor, to gain further help and advice. All the money needs to be submitted to Royal Holloway Entrepreneurs on the 15^th March at 9am.

A Prize Giving will take place on the 18^th March, with a guest speaker to be confirmed. 1^st, 2^nd and 3^rd prizes will be awarded. This event will be followed by drinks and networking opportunities.

The Princes Trust

The Princes Trust is the Uk’s leading youth charity, helping to change young lives. They help young people aged between 14 and 30 to develop their confidence and skills, and to get children into education, training and employment. We specifically want to donate the funds towards their business start-up efforts, where The Princes Trust work to raise funds to provide start up loans, grants and mentoring to the people they help.

Please fill out this form to enter the Royal Holloway Apprentice Competition: