UTL Helps Entrepreneurs of Tomorrow

Unipart Technology Logistics (UTL) again inspired young students from across Warwickshire to develop essential business skills including innovation, teamwork, financial capability and business acumen, at the same time as raising invaluable funds for local charities as part of the Unipart Challenge.

The ‘Unipart Challenge’ – run for the past two years – is sponsored and supported by UTL in partnership with the Warwickshire Education Business Partnership. This year students from schools in Nuneaton and Rugby were given an initial £50 start up fund, donated by UTL, and challenged to turn it into as much money as possible to help Mary Ann Evans Hospice and Myton Hospice respectively.

Mentored by UTL employees; students set up and ran their own businesses, appointing a board of directors and designing and marketing their own product or event. The students have been encouraged to think and learn about all aspects of business, from managing expenditure to marketing and from cash flow to dealing with suppliers.

The challenge culminated in awards ceremony at UTL where the schools made presentations to a panel including UTL Managing Director Claire Walters and awards were presented by Claire to the schools who returned the greatest financial results, as well as the school that made the best business and storyboard presentation to the panel.

In total the Rugby Schools generated £1,704 for the Myton Hospice and the Nuneaton Schools generated a total of £3,068 for Mary Ann Evans Hospice.