Junior Achievement Young Enterprise Malta Foundation (JAYE Malta), is a non-profit organisation that seeks to promote Entrepreneurship Education in Malta. Over the past 27 years JAYE Malta has been instrumental in offering entrepreneurship programmes to thousands of students throughout the various stages of their development, at Post Secondary school, namely Company Programme. This programme is supported, through not only funding but expert guidance of volunteer consultants from HSBC Malta and the local business community. Post-Secondary school programmes and initiatives are aimed at helping young people appreciate and better understand the role of business in our society.
Learning by doing
The Company Programme (CP) is a programme where 6th form students learn how to take a business idea from concept to reality. Since its inauguration in 1919, Company Programme students around the world have had hands-on experiences that develop new skills such as teamwork, leadership, presenting planning and financial control as they learn to take responsibility for the success of their company.
With the support and guidance of volunteers from the local business community, teams of students representing the educational institution they attend, create a mini-enterprise over three modules covering the period from October to May. Participants must be aged between 16 and 19 years of age. The team of students develop a business idea in the form of a product or service, they conduct their research, produce, market, and eventually sell the product or service with the intention to make a profit.
Students discover first-hand how a company functions by electing a board of directors from amongst their peers, they raise share capital and call an annual general meeting to declare their dividends and report to their shareholders at the end of the scholastic year. Through this 'Learning by Doing' exercise students develop a growing self-confidence, improved communication skills, interdependence skills, and the ability to work in a team. They also develop the ability to plan, prioritize and manage time. This programme offers Achievers the opportunity to deal with and learn to overcome real-life situations, as they also learn to take responsibility for the success (or otherwise) of their company.
It is the perfect preparation for working life! A Certificate of Participation is awarded to Achievers who have actively participated and concluded the Company Programme. In the final module, The Company of the Year is chosen through a competition by all participating student-companies in the Company Programme. A panel of judges consisting of major exponents from the Organisation’s business network monitors and assesses the progress of each team at various stages of the programme. The programme is supported by volunteer advisers from the business world who are on hand to guide and mentor the companies. The Company Programme is recognised by the European Commission Enterprise Directorate General as a ‘Best Practice in Entrepreneurship Education.
Company Programme Winners 2015-2016
Starling were crowned the Junior Achievement Young Enterprise (JAYE) Malta Foundation, 2015/16 HSBC Company Programme, Company Of The Year Award on the 14th May. The company consisted of Sam Sciberras (Managing & IT Director), Sophie Gatt(Marketing), Jake Bartolo(Operations & Quality), Miguel Pellegrini Petit(Sales, Spokesperson), Kay Lee Micallef(Company Sec.), Nicola Micallef(Research & Dev. & HR).
The Finals ceremony rewards students from post-secondary schools for their efforts during the 8-month programme that immerses participants in the world of business through the setting up of their own mini-company, where they raise share capital, launch and market their idea and distribute dividends. Throughout the programme, the teams were judged at various stages and they were also assessed on different business principles vying for the 9 signature awards generously sponsored by a number of leading local and international corporations.
Starling's products incorporate a contemporary and aesthetically attractive design that is at the same time environmentally sustainable. It is made up of recycled wine bottles redesigned to form a vase ideally for small plants. The production team went for an original approach in their design and with this concept it gave their products the edge over other products in the competition. The team went on to represent Malta in the European Finals held in Lucerne, Switzerland in July. Starling competed with a product called Innovase that completely redesigns the concept of a vase or pot by making use of recycled wine bottles.
For further information or to participate in the Company Programme, contact us!