1st & 2nd prize winners;
Credit: JEL / Facebook
The final of the fourth edition of the My First Enterprise (MFE) competition, organised by Jonk Entrepreneuren Luxembourg (JEL), took place in digital format on Thursday 6 May 2021.
Nearly 40 teams from nine secondary schools participated in this 2020-21 edition. The sixteen best teams were selected on the basis of an application submitted and analysed beforehand by a jury made up of professionals.
Over a twelve-week period, the teams (made up of three to four students) tried to build upon their starting capital of €40 through an activity of buying and selling products and / or offering a service. Students also took Business Management training courses given by experts from Deloitte Luxembourg. D
The objectives of the programme is to develop entrepreneurial skills among young people, let them take the first steps in business management by working in groups, manage a real project, to be in contact with suppliers and consumers and prepare them for future projects such as MiniEntreprises. Students aged 15 and over and who are completing their 4th year at secondary school can participate in the programme.
The jury, composed of Petra Hazenberg (ACG Partner at Deloitte), John Psaila (Managing Partner of Deloitte Luxembourg), Anne-Marie Solvi (Director of Paul Wurth Geprolux) and Erny Huberty (Head of Corporate Marketing at Enovos Luxembourg SA), had the difficult task of choosing the three winning teams during this digital edition.
In order to determine the winners, the jury members based their decisions on the applications submitted beforehand, the originality of the project as a whole and the presentation during the final.
First prize was awarded to the Biobagfy team from Lycée Aline Mayrisch. In order to reduce the use of plastic when buying fruit and vegetables, Maurice Hoffmann, Tom Germeaux and Gregory Herbrig marketed "Veggie-Bags", small bags made from 100% recycled cotton and from Fairtrade production. The jury congratulated the team for the originality and the sustainable dimension of their project. Their prize was a Bongo Box experience.
Second prize went to the Seefestiffchen team made up of three students from Maacher Lycée. Lena Heynen, Céline Cecchini and Cédric Brandenburger targeted the healthcare market by offering soaps that they produced themselves. The originality of this product lies in the fact that the customer can choose from several fragrances. The jury praised the large number of soaps sold and the good management of the business which resulted in a substantial profit. The team receover an Escape Room voucher for their efforts..
Third prize was awarded to the Golden Flames team from Lycée Michel Lucius. Sascha Loschetter, Louis Didier, Thomas Lé Pires and Hugo Da Silva decided to produce scented candles. The jury members highlighted the quality of their application and their final presentation. The four students won a Kinepolis voucher.
This year, the jury also awarded two special mentions for the Res Novae team from Athenée du Luxembourg and the Uebu team from Maacher Lycée for their excellent presentations.
