BIL and Jonk Entrepreneuren Luxembourg are launching a new partnership aiming to make high school students aware of entrepreneurship in real life situations.
To spark young people’s interest in entrepreneurship and help them to develop autonomy, commitment, initiative, good decision making, and a taste for risk, Banque Internationale à Luxembourg (BIL) and Jonk Entrepreneuren Luxembourg (JEL) announced a new partnership which focusses on “learning by doing”.
“We are pleased to be able to strengthen our collaboration with BIL. It is important to continue to invest in the education and future of young people. Equipping young people with skills that will be indispensable tomorrow is part of our mission,” adds Stéphanie Damgé, Director of Jonk Entrepreneuren Luxembourg asbl.
The JEL Mini-Entrepreneurship program is aimed at students and classical secondary education aged 15 to 19.
In concrete terms, the ‘mini-entrepreneurs’ will be responsible for a mini-company for one year, take care of its daily management and make executive decisions.
“Educating young people about entrepreneurship is essential for their professional future.”
They will also benefit from entrepreneurial training, during which they will discover the essential elements of a business (marketing, sales techniques, etc.). The program runs throughout the school year.
Entrepreneurial advisors or coaches are assigned to each project to stimulate the students’ interest in their profession and to intervene from time to time as specialists in their respective fields. These external advisors will visit the school several times to intervene at decisive dates such as the choice of the product, the constitutive general assembly, and others.
BIL will contribute to the project by providing financial support. Furthermore, its employees will also accompany the young people in their project, sharing their knowledge of the professional and business management world.
The initiative completes a collaboration born in 2017, notably on the Young Enterprise Project.
“We have been supporting JEL for four years, and we are pleased to be able to strengthen our collaboration by participating in the Mini-Enterprises program. Educating young people about entrepreneurship is essential for their professional future, and it is an honor to contribute to this mission. These are the entrepreneurs and managers of tomorrow,” says Tom Lessel, Head of Corporate Banking at BIL.
To become a volunteer, visit the Jonk Entrepreneuren Luxembourg website.