Teens Solving A Teenage Problem Crowned YES Company Of The Year 2021

Bayfield High School students have been awarded The Lion Foundation Young Enterprise Scheme (YES) Company of the Year for their business Abalro Health. The company was awarded $3000, as well as a $5000 scholarship for each company member to the Massey University Business School.

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On Wednesday night, hundreds of people joined the online event from homes and regional watch parties to celebrate the achievements of New Zealand’s most outstanding young entrepreneurs. More than 4700 senior secondary students have taken part in YES this year, setting up 1171 companies between them. Only 22 of those companies made it to the National Final, and only one was crowned YES Company of the Year.

While the event happens annually in Wellington this year regional Champions from across the country pitched online in the dragon’s den style National Final and attended the online awards ceremony “A night of colour” where they found out which companies won a share of the $23,000+ cash prize pool.

Founded in 2020, Abalro Health began importing barberries into New Zealand to create a natural supplement powder. High in antioxidants and vitamins the Iranian superfood has been found to reduce acne by up to 43% a month when taken daily. This year saw an expansion of the Abalro Health product line with the introduction of their barberry kombucha. This time targeting the general public to boost awareness of the barberry. Abalro Health’s supplement powder is currently stoked in 42 stores nationwide.

Read more here.

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December 17, 2021

Teens Solving A Teenage Problem Crowned YES Company Of The Year 2021

Bayfield High School students have been awarded The Lion Foundation Young Enterprise Scheme (YES) Company of the Year for their business Abalro Health. The company was awarded $3000, as well as a $5000 scholarship for each company member to the Massey University Business School.

On Wednesday night, hundreds of people joined the online event from homes and regional watch parties to celebrate the achievements of New Zealand’s most outstanding young entrepreneurs. More than 4700 senior secondary students have taken part in YES this year, setting up 1171 companies between them. Only 22 of those companies made it to the National Final, and only one was crowned YES Company of the Year.

While the event happens annually in Wellington this year regional Champions from across the country pitched online in the dragon’s den style National Final and attended the online awards ceremony “A night of colour” where they found out which companies won a share of the $23,000+ cash prize pool.

Founded in 2020, Abalro Health began importing barberries into New Zealand to create a natural supplement powder. High in antioxidants and vitamins the Iranian superfood has been found to reduce acne by up to 43% a month when taken daily. This year saw an expansion of the Abalro Health product line with the introduction of their barberry kombucha. This time targeting the general public to boost awareness of the barberry. Abalro Health’s supplement powder is currently stoked in 42 stores nationwide.

Read more here.