A young enterprise team from Tauranga Girls College, Perpetuum, has been named the winner of the 2014 Young Enterprise Scheme (YES) Regional Awards.
The team of six, made up of Jessica Corkery, 18, Kaylie Hunt, 18, Emily McCarthy, 17, Lauryn Hill, 17, Shannon Lee, 17 and Jacqui Morgan, 17, got together and formed their business Perpetuum Enterprise to compete for the national competition.
Through their business, the girls designed a financial literacy cellphone app targeted at young people.
Chief executive Emily said the group came up with the idea so youth could make the most of the opportunities of life without financial barriers. They wanted to make the app free so it would reach a large number of people.
Understanding that young people leaving home for the first time were probably not up to speed with what was necessary or what was on offer, Perpetuum saw a gap in the market.