Riverside Highlights Issue 5 2014-15, Half Term Highlights, Term 3a | Page 4

SHREWSBURY INTERNATIONAL SCHOOL ACADEMIC SUCCESS HIGHLIGHTS SHREWSBURY’S STUDENTS COOK UP AN INTRIGUING PLAN On 24th April, two Year 10 Business and Economics students, Gigi and Koto, travelled to St. Andrews School, Sukhumvit, to represent Shrewsbury in the 2015 Finals of the Dragons’s Den competition. Their team was selected to enter the Dragon’s Den following an internal judging round in term 2, where Year 10 students were challenged to design a product, and present a business plan for its production and launch. Gigi and Koto’s craft cookie product certainly had the novelty factor, not least because of it’s catchy name, Kashi Domashi; a pairing (possibly world’s first) of Bosnian and Japanese words meaning “Homemade pastry”. However, it was their detailed and well considered business plan (complete with apron design!) that really stood out. Read Koto’s report below to find out how they fared against eight other schools at the Dragon’s Den Finals. “Our task was to present our Business ideas to the panel judges whom themselves are entrepreneurs. We asked the judges to invest in our company 100,000 baht for 33% of our company stake. The presentation went well as expected, even though we went a little over time. After our presentation the Dragons grilled us with challenging questions ranging from "If I invested into the company what is the rest of your business worth?" to "Why is the output of the first month significantly higher compared to the rest?". When the questions were answered, our turn was over and we headed back to our seats with the rest of the audience. After all the teams had presented we had a quick lunch and were then given feedback from the Dragons and advice that may help us in the future. The winners were announced along with the prizes. Our team came third with 60 points, second team was 'Butter Stix' (from Bangkok Prep) with 61 points, and the winners were from Singapore International School with the team name 'SIS books (Sooks)' and they earned 62 points. We assumed the reason we weren't the top two teams was because the amount of capital we asked to be invested was high compared to the others who only asked for a tenth of ours. The Dragons Den was a very competitive event with very close results and we were proud of what we achieved as we had half the number of team members compared to all the other teams and the dragons were impressed with our product and attention to detail. This was a great opportunity and experience for both Gigi and I.” - Koto 10AN PAGE 4