Caroline Fahy from Bank of Ireland  delivered BizWorld workshops in Ms. Dooley’s 5th class over a two-day period.

The workshops teach the basics of entrepreneurship, business and finance by showing how the entrepreneurial cycle operates. Working in groups, pupils develop their own mini-enterprise, so they get a real feel for how a business operates / hands-on business experience.

Pupils are taken through the entire entrepreneurial cycle – from company formation and applying for jobs in their companies, to market research with younger classes in the school, and then designing, producing and marketing their business idea.

They learn about pitching for investment and – to bring the workshop to another level – they are visited by a business people who will play the role of venture capitalist and have the opportunity to pitch, ‘Dragon’s Den’ style! The Dragons hear each company’s pitch and decides how many ‘BizBucks’ to invest in their company.

The hands-on experience culminates in the balancing of each company’s finance ledger after their companies are launched in the classroom on Day Two.

It was a bit of work, but good fun was the overall response from the children.