Kidpreneur @ SMGS

At SMGS, we work hard to equip each student with the fundamental skills to thrive in a modern world. Our globalised world has shifted considerably in the 21st century. New knowledge economies require advanced analytical thinking and skills, an ability to identify and solve complex problems in a range of different contexts, and the ability to engage and collaborate with others to produce outstanding results.

The SMGS Kidpreneur Club is one of our many co-curricular programs that is achieving the mission stated above by providing a real-life application of curriculum learning in business, economics and mathematics.

What is SMGS Kidpreneur?

SMGS Kidpreneur is an initiative designed to inspire young children to develop their skills in innovation and entrepreneurialism, through creating their own small business.

The program is open to students from Years 5 – 9 and runs one lunchtime per week.

Training sessions:

Understand the concepts of entrepreneurship
Brainstorm product ideas
Create a budget for the creation of the product
Create a simple marketing plan
Sell the product at Market Day
Calculate profit and/or loss margins
Analyse the business process.

Product creation:

Students may work as individuals or as pairs
Students must purchase the equipment to create their product in their own time under the guidance of their parents
Students are to budget, plan and advertise during lunchtimes
The product must retail on Market Day for $5 or less
Students must bring the receipts for the purchase of equipment in to school
After Market Day, equipment purchase costs will be reimbursed (provided the students have generated the required funds!)
50% of profits made will go towards a local charity nominated by the student group and 50% will go towards a school-based project.

Interested: