School Enterprise Challenge Business Idea Template s7

PYRAMID OF EXCELLENCE SCHOOLS, NIGERIA

BUSINESS IDEA Cheryl Abudu, Gabrielle Abudu Written by

MRS UZOMA IHEDIRIMADU ABUDU

CREATED AS PART OF THE SCHOOL ENTERPRISE CHALLENGE AWARDS PROGRAMME – SILVER LEVEL

Section A: Our Business Details Pyramid of Excellence Fishery Business Name Business Activity Fish farming No. of students involved in business idea Boys 0 Girls 2 Total 2 activities (including writing this Business Idea) Section B: Our School To help you understand our school business better, we will briefly describe our school (e.g. age of the students; location; environment). Pyramid of Excellence Schools is a co-educational institution in a serene environment. We offer nursery, primary, secondary and adult education. It is a private school and is privately funded. It is located at B29 Valencia garden estate, dakwo district, Abuja, Nigeria.

Section C: Our School Business Experience Here is a brief description of the school business we ran before/are currently running, including the products/services we sold/are selling. a. The school canteen: the school canteen serves the academic and non-academic

1 SILVER Business Idea Template 2017. ©Teach A Man To Fish [email protected] staff as well as students on a daily basis. b. The fish farm: this serves the school community as well as the general public c. The vegetable garden and paw-paw farm: this also serves the school population and the host community d. Poultry

Section D: Our Resources Considering our school’s physical resources, skills and location, these are the resources available at our school we can use to develop our business: a. Fish pond b. Electricity c. Water d. land

Section E: Brainstorming Business Ideas a) These are the five business ideas we thought of when brainstorming a new idea or a way of diversifying or growing the existing one: i. snail farm ii. Swimming pool iii. Bakery iv. Hairdressing v. fish farm

b) The business we chose for our Silver Award is: Fish farm______

And these are 3 reasons why we chose this idea: i. we already have most of the resources needed ii. we have tried it before and it was a success iii. there is a high demand of fish in Abuja.

Our final Business Idea will be sustainable and have a positive impact on the environment and our community because:

It is a high income yielding activity

2 Section F: Financing our growth and development 6. Here is a description of how we are planning to finance our business, including how we are going to raise the money needed for our school business. We will fund our business through bank loan or grants

Section G: Appendix Please find in this space our completed Resource Assessment template, our Feasibility Study template and 3 photos (when possible) that clearly show our involvement as students in business idea activities.

3 SILVER Business Idea Template 2017. ©Teach A Man To Fish [email protected] CONGRATULATIONS on coming up with a Business Idea! Submit NOW!

Remember to submit your completed business idea to the School Enterprise Challenge Awards Programme by logging in to your account at: www.schoolenterprisechallenge.org/login