6 months of collaboration (all powered by Microsoft solutions)
715 primary-aged student entrepreneurs building businesses
10 global companies
This is the 2016 Global Enterprise Challenge, an extraordinary project that connects schools and children from across the world into one global education competition. This year, Mark Sparvell, senior manager of worldwide education at Microsoft, will be one of the judges – or “Dragons” – who not only gets to see all of these incredible companies and their products, but has the daunting job of choosing a winner on April 25th.
“Entrepreneurship is about the desire to solve problems creatively,” says Sparvell. “The exciting thing about the Global Enterprise Challenge is that it helps young people develop an entrepreneurial mindset that results in creativity, innovation and growth – not only for kick-starting businesses and making profits, but also for achieving social change and driving innovation.”
To refresh memories, the Global Enterprise Challenge is the brainchild of the UK’s Broadclyst Community Primary School (a Microsoft Showcase School) and is in its second year of helping students develop cultural diversity and gain an understanding of world markets and currencies, all while honing their entrepreneurial skills, economic awareness, communication, collaboration, creativity and problem solving skills through the use of technology.
Here’s how it works:
- The student teams have spent the last six months developing, producing and marketing 10 products. They will pitch those products, competing with each other to become the most successful global company.
- Each week, The Project Coordinator posts the global “Profit and Loss” account for each international company to the Leader Board.
- The most profitable international company is determined through rankings based on their accounts.
- The winning team will be chosen by the Dragons based on criteria that includes profitability, learning insights, collaboration and sustainability.
- This year’s teams are incredibly talented and enthusiastic. Students the world over – from Australia to Spain to Mumbai – are participating. With just days to go, they are readying their companies and teams for the final competition.
“As the GEC comes to a close, we are happy and excited that the students could undertake this beautiful journey in addition to their academic curriculum,” says teacher Gulfisha Ansari, from Mumbai, India. “It was heartening to receive positive response and co-operation from the parents of the participants”.
Stay tuned on April 25th, when we will announce the winner of the 2016 Global Education Challenge, and share stories from many of the teams, students and teachers who are leading the way in innovative education.