The importance of the 3 P’s – People, Profit, Planet!

PPPThe School Enterprise Challenge supports socially and environmentally responsible businesses; not only are these businesses more considerate of our communities, but they are also more sustainable in the longer term. To ensure that your school business has a positive impact socially and environmentally, try checking yourself against the 3 P’s of responsible entrepreneurship: People, Planet and Profit.

Previous schools have come up with business ideas that tackle the 3 P’s head on. Check out the case studies below!

Bookbinding

Bookbinding factory idea as submitted by Govt Higher Secondary School No 1 Haripur, Pakistan.

The Govt Higher Secondary School No 1 Haripur, Pakistan, used the shop and workshops already available at their school to come up with a bookbinding factory. They established the number of students who were well trained in bookbinding, and who would then teach other students to do the same. The finished product would be a resource for the poor and the parentless. Via small-scale marketing and engaging other schools with their idea, the students would also get a chance to be more involved in their community.

Another example is the school bakery idea by the Career Development Training Institute, Lesotho. By making use of the bakery and catering courses already offered at the institute, they intended not only to reduce costs, but also to hire local vulnerable women and children, involving them in the business process. They also planned to use materials that posed minimal environmental harm, and support established businesses that are ecologically friendly.

USA Jewellery

Jewellery idea samples from Birmingham Covington School.

The Birmingham Covington School in Michigan, United States, decided on making jewellery from used gift cards that would otherwise end up in a landfill. Since most of their material was recycled, the start-up costs were low, which meant that there was a higher margin for profit. Doing so, they believed, also encouraged local business owners and students from other schools to be more aware of sustainability concerns and their responsibility as consumers.

So you see, there are ideas abound! Trust that you can be creative, and that this process will be rewarding for you – our previous participants have confirmed it so! You can also brainstorm with other schools by logging onto the Members’ area of the School Enterprise Challenge website.

What brilliant ideas has your school brainstormed that meet our PPP criteria? 

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About schoolenterprisechallenge

The School Enterprise Challenge is an entrepreneurship competition for schools across the world! The challenge is to create profitable, sustainable businesses as a fun way to give kids hands-on business experience, develop their teamwork and leadership skills & generate income at the same time.
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