Thursday 14 March 2019

Green Dreams - the Al Qamar students startup venture

The 6th grade Entrepreneurship Club at Al Qamar has come a long way from the time it started in July. The  group of 7-10 students are participating in the School Enterprise Challenge, a global business planning and execution competition which guides students through the various stages of running a sustainable business. Students have to design a business around the 3Ps -  Profit, People and Planet.

The team submitted their Annual Plan - which detailed the performance of Green Dreams in the past 3 months.

The team had multiple sale events - both within and outside the school. Their drive and initiative is to be commended. From the Beach Sale during Pongal holidays, to participating in the Anjuman Ladies Fair, to setting shop at the Redwood Organic Fair, our team did it all!

The Green Dream team learned how to set prices, modify them when sales were low, create inviting ads, use social media by developing a website and a Facebook page.  They picked up the basics of accounting - to record revenue and expenses and how to calculate their profit/ loss.

This was a fantastic experience for the children to learn the nitty gritty of how to set up a start up venture and make it successful. Kudos!

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