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Young traders show their skills

Screen Shot 2016-07-28 at 12.14.52THREE primary schools battled it out against each other in a bid to win the title of Carmarthenshire Young Trader of 2016.

Ysgol Gymraeg Brynsierfel, Ysgol Gynradd Pont-iets and Ysgol Gynradd Pum Heol took part in the competition, held at Llanelli Outdoor Market on Thursday (Jul 7), with teams of up to five pupils from Years Five and Six. The children were asked to come up with a business idea, market it and sell their product. The winner was the school which made the most profit.

All three schools made a huge effort before the event to look into the products they were selling, how to price their products, how they were going to market them on the day and how they were going to decorate their stall. On the day, all the children were motivated and enthusiastic in selling their products and even going out to purchase more on the day in order to sell them on, showing initiative and real entrepreneurial skills.

The winning school was Ysgol Gymraeg Brynsierfel, raising £437 for the school. They received the 2016 trophy from Councillor David Jenkins, County Council Executive Board Member responsible for Markets, during a presentation ceremony after the event.

Sponsors of the event were also on hand to congratulate all teams at the presentation.

Cllr David Jenkins said: “The response to this competition by the schools has been fantastic. The children, ably supported by members of the staff, performed brilliantly on the day and their enthusiasm shone through. There are clearly a lot of young people out there with great business ideas and this competition is an excellent opportunity for them to try their hand at trading for a day. It’s also of benefit to the school as a whole as any profit made will go back to them.

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“This competition couldn’t have gone ahead without the financial support of local businesses. The event was a huge success and we are now looking to make it an annual event in all of our market towns – Ammanford, Llandeilo, Carmarthen and Llanelli.”