Entrepreneurial school kids in Lake Macquarie, as well as local schools that are supporting student innovation, have the opportunity to be recognised and gain funding and support through the Hunter Young Business Mind Awards.

The awards have been launched by newly formed group, Young Business Minds (YBM) Inc. There are four category awards worth $1000 for students, as well as awards for schools who are creating the best learning experience to encourage creativity, innovation or entrepreneurism in students. The winning students will also receive free, ongoing business support through the Hunter Futurepreneurship Program.

YBM chairperson and the Australian Government’s appointed Hunter entrepreneurship facilitator, Cheryl Royle, said entering is easy.

Students may already have a business or simply a business idea. “All people need to do is send a two minute video outlining their business or idea,” Ms Royle said.

Last year’s student winners included Tyler Regan and Dakota Nicholson. The Tomaree High students have started Orchard School Systems, a low cost online student rewards software program for schools, which is about to be piloted.

Mr Regan said entering the awards gave him funds to invest in his business and importantly, contacts with businesses, schools and other young innovators.

“There aren’t a lot of things like this for young people and it was easy to enter so people should take advantage of the opportunity,” Mr Regan said

Ms Royle said the Awards were started by the region’s business chambers and held for the first time in December 2017. She said YBM’s committee of current leaders in business and government have formed the association to formalise and broaden a program to energise tomorrow’s creators, innovators and entrepreneurs.    

“We need to create a range of activities that not only help young people but also help schools, parents, current business people and community leaders to develop stronger relationships to create the right environment for young people to better learn to innovate and to be entrepreneurial,” Ms Royle said.

Entries close November 10 and the awards will be held on November 28. For more information about the Hunter Young Business Mind Awards program visit www.ybma.com.au

Harvey Norman School/Class Award

1st prize: $3,000

2nd prize $2,000

3rd prize: $1,000

Student Awards

  1. RDA Hunter STEM Award
  2. Social Enterprise Award
  3. Creative Industries Award
  4. Indigenous Entrepreneur Award