Young Enterprise Gibraltar

 

Harnessing skills for a successful future

Young Enterprise Gibraltar has been helping students build workplace know-how, knowledge and life-skills for more than a decade. The charity’s flagship ‘Company Programme’ supports 16 to 17 year olds to set up and run a company, taking an idea or product to market.

Students make all the decisions about their business, from coming up with the company name to managing the finances. They’re assigned a business adviser to mentor them throughout the process. Around 25 professionals from Gibraltar’s business community volunteer as advisers on the programme. As well as building confidence, skills and knowledge, Company Programme helps boost their applications to education and training providers or future employers.

Our grant of £45,000 has been supporting Young Enterprise since 2020 and will continue to 2025.

  • Young Enterprise Gibraltar is a partner of Young Enterprise UK, a leading charity founded in 1962 that empowers young people to harness their personal and business skills.
  • During the 2021-22 academic year over 10,000 young people created and ran over 850 Young Enterprise companies across the UK.
  • In 2022-23 Young Enterprise alumni acted as judges at the final, gave support as business advisors, and more recently formed part of the Young Enterprise Gibraltar management board.

Collaborating with Gibraltar’s schools

Student companies can take part in a local competition, with the winners getting to compete against 13 other teams in a UK final. Gibraltar’s winning company in 2023, Gib Cards, created the ‘Rock Rumble’, a trivia card game which sees players guess the correct answer using hints listed on the card.

Other Young Enterprise activities include: Learn to Earn, where young people learn from employers about work and the skills that are valued in the workplace; and personal finance programmes which teach young people money management skills. Programmes are delivered in collaboration with Gibraltar’s schools and the Department of Education and reach over 1,000 students in each academic year.

“Young Enterprise provides first hand learning experiences in starting, building and running their own business allowing them to make an informed decision on their future career path. Everyone that supports or takes part in the programme benefits in the development of skills such as coaching, negotiating, sales and interpersonal skills amongst many, many more. The fact we have evidenced past participants return as volunteers is testament to the fact that they believe the experience is worth supporting and voluntarily back by sharing their own experiences for the benefit of others.”

Carlos Garcia, Chairman, Young Enterprise Gibraltar

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