Poly bazaar for students to experience their own start up business
Singapore, 3 February 2012 – Age is now no longer a barrier for anyone who wishes to be a successful “towkay”, even for students. The Singapore Polytechnic (SP) Entrepreneurship Bazaar is one way poly and secondary students can test their entrepreneurial skills and try their hands at setting up their own business.
The bazaar kicked off yesterday and continues today at SP, outside of the auditorium, from 10am to 5pm, and is graced by some of the industry’s big names such as OCBC among others. With about 30 stalls selling items from fashion apparel to toys and collectibles, the students aim to raise $1,400 for the Straits Times School Pocket Money Fund.
Students from SP Business School and SP’s School of Engineering who have taken the entrepreneurship course as part of their modules set up shop at the bazaar. All of them were involved in running SP Entrepreneurship Living Lab (SPELL), an off-campus retail outlet that was launched at Changi Airport last year.
Students from Fairfield Methodist and Outram Secondary Schools got to be their own boss and see their businesses in operation. The 50 students underwent a module called Introduction to Enterprise Development taught by SP lecturers. SP hopes that such programmes will build up potential students in the area of experiencing starting up their own businesses.
Director of SP Business School, Dr Timothy Chan, said, “At Singapore Polytechnic, we train our students to develop the mind of an entrepreneur. It is about giving them the right tools to allow them to take risks and look at customers’ needs from a different perspective. We want them to continue to explore these while they are still young.”
Mr Kenneth Wong, SP Business school’s lecturer in charge of organising the Entrepreneurship Bazaar, said, “We identified this charity organisation as our students find much relevance and meaning in helping needy students of around their age.”
With little “towkays” in the making, it is no wonder that the business courses offered by the polytechnics are facing increasing demands. The recent results released from the Joint Admissions Exercise affirm that such courses across the polytechnics have gained much popularity.
This is the third year running for the SP Entrepreneurship Bazaar, all involving secondary school students.
About Singapore Polytechnic ( www.sp.edu.sg)
Established in 1954 to meet the manpower needs identified by the government, Singapore Polytechnic (SP) is Singapore’s first polytechnic. Its 10 academic schools offer 49 full-time diploma courses for its 15,500students and courses are kept relevant through close links with industry and government bodies, as well as with various overseas institutions.
SP offers broad-based, multi-disciplinary and flexible curriculum dedicated to hands-on experience. It is committed to the development of its applied research and development capabilities to enhance the quality of teaching and commercialisation efforts. Through Design Thinking, SP offers a revolutionary approach to education, allowing its students to look at problems from different perspectives, and strike a dynamic balance between intuitive and analytical thinking to provide impactful solutions.
Among SP's 160,000 graduates are successful entrepreneurs, top executives in multinational and public-listed corporations, and well-known professionals, many of whom are captains of industries, university professors and researchers, and leaders in government.
SP is the first polytechnic to be awarded the President’s Award for the Environment in 2010 and the President's Social Service Award in 2011.
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