In its recent Communication on "Fostering Entrepreneurial Mindsets through education and learning " the European Commission recommends the more wide-spread use of student mini-companies in secondary education, which are considered to be one of the most effective ways to provide students with an insight into entrepreneurship.
This weekend the JA-YE European Company of the year competition with 26 student mini-companies from all over Europe took place in Interlaken in Switzerland. Each mini-company was represented by 5 students aged 15 to 21 presenting the fruits of their work over the last 12 months. Product and service ideas ranged from baby chairs and dog care booklets for young children, organic surf wax and plastic bricks to fashion design, sheep felt products and a Hi-Tec mirror wipe. The winning team from Germany produced and marketed a comprehensive city guide for students.