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Financial Education: a challenge with Business Plans

Twelve high school classes competed for the title of best entrepreneurial project in Italy on the occasion of the twelfth edition of "Che Impresa bambini!" organized by the Foundation for financial education and savings (ABI)

Financial Education: a challenge with Business Plans

Students competing to realize their talent for business, already developing a successful company at school with a strong social value for the area in which it operates and inspired by the objectives of the 2030 Agenda for Sustainable Development: these are the essential requirements to access the award ceremony of the eleventh edition of the "Che Impresa bambini!" of the Foundation for Financial Education and Savings, which rewards the best Business Plan among the over 50 that reached the national final, after being selected during the school year. In fact, the final prize is the last stage of a one-year educational journey in which over 50 schools from all over Italy took part, during which, thanks to the expert tutors of the banks in the area, the students acquired the fundamental notions for combining ideas and creativity with sound business management. The victory went to the IV D class of the Liceo Scientifico Niccolò Copernico of Verona, supported by BPER Banca with the WOW LAB project.

The entrepreneurial idea of ​​the young people led by Professor Flavia Perrone envisages the creation of a social cooperative with the aim of bringing well-being and entertainment to children and young people unable to attend normal school, by offering lessons and experiments in the scientific field. The service offers alternative learning methods that are more fun than traditional ones.

For second place, the National Jury, made up of representatives of the academic world and the media, representatives of teachers and public and private institutions, chose the "MOSS" project of III E 1 of the Liceo Scientifico Scient High School. And Music. St. Bertolucci of Parma, supported by Crédit Agricole. Professor Marialisa Benassi's students have focused on creating a startup that produces Magnetank, an instrument made up of a magnet, an iron weight and a copper cylinder connected via two iron supports, easily applicable to any electric or pedal assisted bicycle to recharge the bicycle battery itself.

In third place was the VA AFM class of the ITC Bramante Technical Commercial Institute in Pesaro supported by UBI Banca, with the WIZZO project, a company that wants to produce a line of innovative accessories characterized by style, eco-sustainability and convenience. The business idea intends to exploit the unique characteristics of the furniture supply chain that characterizes the Pesaro area to optimize the supply chain and obtain an advantage in terms of cost and quality over the competition.

During the lessons of the educational path for high schools, thanks to the women and men of the banks in the area, the boys discovered the different aspects of the economy: from globalization to personal finance; from the relationship with the bank to the tools to manage money. And then risk management, family budget planning, savings, debt, social security, legality. All aspects of the same coin, combined in relation to the skills and competences that young people must acquire to become aware and informed citizens.

Particular attention is paid to the development of human capital as an investment tool for one's economic future and the ability to look at work with an entrepreneurial mentality. The exercise is precisely that of developing, with the help of a bank expert, a project that is socially useful for the area and truly sustainable also from an economic point of view. This last aspect is particularly important as it allows students to acquire direct information on how the logic of credit and its disbursement work and how to build a sustainable business project that can be assessed by a bank.

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