Level 3 Business Studies
Year 13 Business Studies, uses the Lion Foundation Young Enterprise Scheme to facilitate and enable students to have access to greater resources and supports outside of the school environment.
The Lion Foundation Young Enterprise Scheme (YES) is an opportunity for students to unleash their inner entrepreneur and experience the start-up world first-hand. It is an experiential programme where students set up and run a real business. Each YES company creates their own product or service and brings this to market.
Through the Lion Foundation Young Enterprise Scheme, students will:
- Learn how to plan and run a business
- Engage in entrepreneurial experiences
- Develop a range of skills to help them in their career and in life
- Consult with and create networks in their community
There is $25,000 in national prize money up for grabs as well as regional awards,
regional cash prizes and tertiary scholarships. YES students have opportunities to
attend national competitions and events and go on overseas trips.
Challenge 1 – Product Validation
Submit evidence that you have validated your product using one of the following:
• Taken a Minimal Viable Product (MVP) to market
• Taken a prototype to your target market
Challenge 2 – Pitch
Present a five-minute business pitch to judges from the local business community
Challenge 3 – Promotion
Submit evidence of at least two promotional strategies that you have used to promote
your product or service to your target market.
Challenge 4 – Sales
Submit evidence of at least two different ways that you have sold your product or service
during the year.
Challenge 5 – Annual Review
Submit an Annual Review reflecting on your achievements during the year.
This should be 6 – 10 single-sided pages or a 4 – 6 minute video.
Recommended Prior Learning
No prior learning required, a CAN DO attitude is a must and willingness to work cooperatively is vital.
You will be assessed in this course through all or a selection of the standards listed below.
This course is approved for University Entrance.
Total Credits Available: 15 credits.
Internally Assessed Credits: 15 credits.
Approved subject for University Entrance
Number of credits that can be used for overall endorsement: 15
Only students engaged in learning and achievement derived from Te Marautanga o Aotearoa are eligible to be awarded these subjects as part of the requirement for 14 credits in each of three subjects.
Marketing Manager, Marketing Executive, Sales Manager, Banker, Market Researcher, Advertising, Sports Marketer, Events Manager, Teacher, Small Business Manager, Financial Analyst, Product Manager, Product Development, Human Resources Advisor, Recruitment Manager, Entrepreneur (in your own business), Journalist, Investment Banking, Retail Buying, Retail Management, Public Relations Officer, Bank Management, Distribution & Logistics Management, Insurance Underwriter, International Market Developer, Property Manager, Property Valuer, Property Developer, Insurance Underwri,