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Sep 06, 2016

Young entrepreneurs at Timaru Boys' High School raising money for Blue September

Five year 13 students are raising funds for prostate cancer research through the Young Enterprise Scheme at Timaru Boys' High School.

05 09 2016

Five year 13 students are raising funds for prostate cancer research through the Young Enterprise Scheme at Timaru Boys' High School.

The Lion Foundation Young Enterprise Scheme (YES) is an experiential programme challenging students to set up and run a real business. Each YES company creates its own product or service and brings this to market.

Tim Wills, James Steven, Dylan Hazlewood, Jacob Parker and Bryn Drummond designed a dark blue tie with a lighter blue ribbon symbol logo on it for their product. They are selling them during Blue September, the prostate awareness month.

Each tie will sell for $20 with $5 going to the Prostate Cancer Foundation of New Zealand.

Tim said 500 ties arrived last Thursday and by lunchtime on Friday the group had sold 20 ties.

From the initial concept to completion of manufacture took about a month. They were produced in China.

"We wanted to support New Zealand manufacturing but it would then cost $20 per tie to make. It's just not viable here."

He estimated the difference between the price of manufacturing in China and New Zealand was about 1000 per cent.

As well as the donations each member of the group would receive $800 profit after expenses if all the ties sold.

 

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