9:30am Thursday 29th March 2012
By Alexandra Rucki
Student entrepreneurs have been awarded £3,000 business investment after pitching their idea to Prince Charles.
The Southfields Community College students won the funding at the annual Apax-Mosaic Enterprise Competition, run by charity Business in the Community to give 11-16 year olds business experience.
The youngsters pitched their ideas to the Prince of Wales, Jordanian royal Princess Badiya bint El Hassan and Communities Minister Andrew Stunell.
The group, known as Team Core, gave a presentation on a cashless wristband system, which would allow parents to track their children's spending in school and in participating businesses.
ITV newsreader Mary Nightingale hosted the final in Hogan Lovells, Holborn Viaduct and each team delivered three-minute pitches to a panel of judges.
Team Core member Shaista Waqu Ahmed, 15, said: "This has been an amazing experience. We have really learnt about teamwork and how to work together really hard to achieve something.
"Getting to the final has been a lot of hard work, but every session with our mentor has been worth it. We’re now inspired to start our business and make it a reality."
Mentor Saba Shaukat said: "The young people put in a tremendous amount of effort throughout this process, while also juggling their exams and other commitments. It has been very inspiring to see their confidence and self belief grow each week and I am delighted at their success today."
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