Britannia's Raincouver Business Club Wins Student Company of the Year
For a second year in a row, Britannia Secondary came out on top in the Junior Achievement of British Columbia CIBC Student Company of the Year competition. Students at Britannia worked hard to create the student company "Raincouver" to market umbrellas to the weather weary citizens of East Van.
After designing a special logo, producing, marketing and selling the umbrellas, Raincouver walked away with a $1,300 profit. They decided to give back $500 to local charities CLICK and A Loving Spoonfull.
The school's company involved 30 students in grades 10 through 12 and volunteer advisors James Atherton from Great West Life, Paula Garcia from CIBC and sponsor teachers Lee Nipp and Ksena Tatomir from Britannia.
Raincouver won because they reached all their goals, selling out their entire product lines of 250 umbrellas and achieving an ROI of 102% for their shareholders.
Sponsor teacher Lee Nipp says the win is all the more impressive considering the challenges some of the students faced growing up. With graduation coming up this Tuesday, Nipp says many of his students will be going on to post-secondary schools like UBC's Sauder Business School.