Business ideas

JP II students pitch business ideas as part of the 5th edition of the “Marketplace”

For the fifth year in a row, students at St. John Paul II Catholic School get an in-depth look at running a business. Under the Marketplace Project, children have their own budget, buy the materials they need to build their product, and present their business idea to bankers for loan approval, with all profits going to donors. charities.

Assistant principal Alicia Burdess said the first Marketplace-style event was the brainchild of her sister, a teacher at St. Mary’s School in Sexsmith. She says it took on a new form after help from Leah Holler and Community Futures added a real business aspect to the event.

“There is a team of bankers, business owners, community members, mortgage brokers and all kinds of professionals. The students are all put on a zoom call to present their proposal. Sometimes the proposals are approved and sometimes they are approved with the recommended changes, ”she says.

Burdess says students come up with all kinds of great ideas, including offering pre-orders for their products ahead of the event to help them reach their goals. The school has stalls set up just like the Grande Prairie Farmers’ Market.

She adds that this year they are going to have the indoor school event, which is just for our students and staff. Afterwards, our outdoor event will be online and virtual, but people will be able to purchase as many items as they want as long as there is enough inventory. Once that happens, the top performing groups head to the Farmers Market and sell their produce on December 18, just before Christmas.

His school has been participating in the market for 5 years now, from the beginning of November until December 18th. Each week is planned and the students know what they are going to do.

“We love to give these kids the opportunity to be creative, professional and great. The ideas they come up with blow my mind, ”says Burdess.

They raised $ 18,000 in sales at the market event 2 years ago which was their best year yet. Online Charity Marketplace starts December 17the and will take place over the weekend. Visit the JP II Facebook page for more details