Following the success of the Club Kidpreneur™ school holiday program in April, a second program in the coming July holidays looks to create a whole new batch of Canberra kidpreneurs.
Children aged 8 -12 can attend any one of four workshops, which run between the 5th and 14th of July, and take a plunge into business and social entrepreneurship.
Over two intensive workshop days, kids are given the opportunity to start their own micro-business. They develop an understanding of business models and how they work, deciding whether to operate as a sole trader or in partnership as they research target markets, and develop a business name and logo for their new business.
They then go on to determine a sales goal of what their business will generate for charity, before deciding how to use a material allowance of $25 to cost, shop and buy raw materials for a prototype product for sale.
By day two they progress to building up to 30 products, while learning and practicing skills like money handling, merchandising and customer service.
The whole experience culminates in a market day, which will be held on 17th July at the Bus Depot Markets in Kingston. The kids take all they have learnt and built, and sell to real customers to make profits which are then donated to their designated charity.
Founder of edii Charuni Weerasooriya (who delivers the school holiday program) says, “In April our first batch of kidpreneurs raised almost $500 for charities that included Soldier On, RSPCA, WWF and Send Hope Not Flowers.
The kids had a phenomenal experience and it’s awesome to see a number of them coming back to do it again these holidays.”
The focus of the workshops is to help children foster entrepreneurial skills and thinking in a real world environment, while also building resilience and confidence.
“One of the things I love about doing this program is seeing the learning come to life. Kids develop a true sense of confidence and accomplishment whilst they’re actively doing, rather than just passively learning or being an on-looker to how something can be done.
They experience first-hand the impact of their ideas, decisions and actions – real life lessons that serve them well whatever they go on to do.”
Register for the Club Kidpreneur™ school holiday program before 24th June to receive a $50 discount.