Three students are celebrating after picking up prizes in a national enterprise competition.
George Peterson and Finley Stewart, of Whitley Bay High School, were named joint winners in the Tycoon in Schools competition.
Mount impressed throughout the competition. Finley and George combine artistic talent with real enterprising spirit.Alice Barnard, Peter Jones Foundation chief executive
And they were joined at Buckingham Palace on Tuesday by fellow student Kara Riall, who was named runner-up in the Key Stage Four contest.
The trio were presented with their prizes by competition founder Peter Jones CBE and HRH The Duke of York Prince Andrew.
Friends George and Finley impressed with their company, Mount, which specialises in handmade cruiser skateboards that double up as wall art – earning a £1,000 investment.
George said: “We still can’t quite believe we are winners – it’s a fantastic feeling. It’s a great experience taking part and the final was something we will always remember.”
Mr Jones said: “The standard was so high this year that we decided to crown not one, but three winners. All of the teams have worked so hard and I have been bowled over by their enthusiasm and achievements throughout the competition.”
Kara, who set up baking company CakeKara, said: “I enjoyed coming up with the designs and baking them – as well as making money of course – and I learnt a lot.”
“I’m happy that I got this far and had the opportunity to take part.”
Mr Jones added: “I wish the teams the very best of luck and encourage them all to continue to develop their businesses – you never know how far your ideas can go. I urge all young, budding entrepreneurs to get involved in Tycoon in Schools 2015.”
Tycoon in Schools challenges schoolchildren from all over the UK to develop their own real-life businesses.
After pitching an idea to their teachers, they receive a loan of up to £1,000 from the Peter Jones Foundation to get their companies up and running.
Peter Jones Foundation chief executive Alice Barnard said: “Mount impressed throughout the competition. Finley and George combine artistic talent with real enterprising spirit. I am delighted that we have been able to give them a boost of £1,000 investment to continue with their exciting business.”
Whitley Bay High’s business teacher Ben Cox said: “We were delighted to find out that two teams from our school had made the final of Tycoon in Schools and for one of them to win the whole competition is incredible.
“The three students have all learned a great deal and they’ve made us very proud.”