Junior enterprise
Encyclopedia
A junior enterprise is a local non-profit organization
Non-profit organization
Nonprofit organization is neither a legal nor technical definition but generally refers to an organization that uses surplus revenues to achieve its goals, rather than distributing them as profit or dividends...

 entirely managed by student
Student
A student is a learner, or someone who attends an educational institution. In some nations, the English term is reserved for those who attend university, while a schoolchild under the age of eighteen is called a pupil in English...

s. Related to their field of studies the students offer consulting services to the market; experiencing unique learning opportunities by doing professional project work on the one side and managing small- to medium sized enterprises on the other, by doing this the students add practical experience to their theoretical skills. Most Junior Enterprises are linked to universities
University
A university is an institution of higher education and research, which grants academic degrees in a variety of subjects. A university is an organisation that provides both undergraduate education and postgraduate education...

 or school
School
A school is an institution designed for the teaching of students under the direction of teachers. Most countries have systems of formal education, which is commonly compulsory. In these systems, students progress through a series of schools...

s.

The Concept

  1. Non-profit
    1.1 Not necessarily by legal status but by nature of activities (in countries, where legal circumstances affect the non-profit legal status)
    1.2 Surplus of the JE should not be used for any economic benefits for the members of the JE unless it is for execution of project work. If the legal status allows economic benefits for Management Board, then the National umbrella should ensure that there is a rule in place to prevent this from happening in a JE
  2. Non-political: not affiliated to political movement or party, however, able to lobby
  3. Non-religious: not affiliated to a religious movement or church
  4. Managed entirely by students: students only make and execute strategic decisions.
  5. Linked to an institution of higher education, but not necessarily affiliated legally. However, support from the University should be proactively sought.
  6. Legal entity: legal settlement should be proactively sought.
  7. Fostering entrepreneurship spirit:
    7.1 Proactively engaging members in decision making;
    7.2 Encouraging them to start their own projects;
    7.3 Actively look for new opportunities.
  8. Contribute to the development of the National Network by providing trainings to the Junior Entrepreneurs about the Network and motivating them to be a part of its activities.
  9. Fostering members development
    9.1 The end result of every project should be the development of members by any mean;
    9.2 Every project should develop a soft or a hard skill. The business acquisition, however, if the market allows, should focus on acquiring projects which develop hard skills (e.g.: resource management, analytics, technical, etc)
    9.3 Projects should assume interaction with external parties: private and civil companies
  10. Aiming at sustainable activity (at least one project a year must be run for clients). Thus, the Junior Enterprise seeks the quality implementation of the Concept.

Goals

This is an opportunity for students to develop self confidence and experience entrepreneurship
Entrepreneurship
Entrepreneurship is the act of being an entrepreneur, which can be defined as "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods". This may result in new organizations or may be part of revitalizing mature organizations in response...

 at an early stage in their careers, to add practical experience to the theoretical skills and to provide private business with state-of-the-art knowledge from universities.

Due to the particularity of the Junior Enterprise work, the student
Student
A student is a learner, or someone who attends an educational institution. In some nations, the English term is reserved for those who attend university, while a schoolchild under the age of eighteen is called a pupil in English...

s distinguish themselves for example by their soft skills such as entrepreneurial spirit, team-working, creativity, presentation skills, public speaking, networking and intercultural understanding, work experience, and project management.

History

  • 1967: Establishment of the first Junior Enterprise in France
    France
    The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...

    : Junior ESSEC
    Junior ESSEC
    Junior ESSEC is a , located in Cergy, France on the campus of ESSEC Business School. Founded in 1967 , it is the oldest junior enterprise. Junior ESSEC then lobbyed for the official recognition of this specific type of company...

    .
  • 1969 : Creation of the French National Confederation.
  • 1983: Foundation of Junior Entreprise EPFL, the first Junior Entreprise in Switzerland
    Switzerland
    Switzerland name of one of the Swiss cantons. ; ; ; or ), in its full name the Swiss Confederation , is a federal republic consisting of 26 cantons, with Bern as the seat of the federal authorities. The country is situated in Western Europe,Or Central Europe depending on the definition....

    , at the Swiss Federal Institute of Technology in Lausanne (EPFL).
  • 1988: Foundation of JEME Bocconi, the first Junior Enterprise in Italy
    Italy
    Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...

    , based in Milano. Foundation of the first Junior Enterprises (EJFGV, Poli Junior and UFBAjr) in Brazil.
  • 1989: Foundation of uniforce Consulting GmbH, the first Junior Enterprise in Austria, based in Vienna.
  • 1992: Foundation of CIJE (later called JADE Italia), the Italian Confederation of Junior Enterprises, in order to link the National Confederations. It is based in Milan
    Milan
    Milan is the second-largest city in Italy and the capital city of the region of Lombardy and of the province of Milan. The city proper has a population of about 1.3 million, while its urban area, roughly coinciding with its administrative province and the bordering Province of Monza and Brianza ,...

    .
  • 1992: Foundation of JADE
    European Confederation of Junior Enterprises
    JADE, the European Confederation of Junior Enterprises, gather all National confederations of Junior Enterprises in Europe. JADE represents a network of more than 20.000 students, approximatively 280 Junior-Enterprises, coming from 15 different European Countries and with a global Turnover of 16...

    , the European Confederation of Junior Enterprises, in order to link the National Confederations. It is based in Brussels
    Brussels
    Brussels , officially the Brussels Region or Brussels-Capital Region , is the capital of Belgium and the de facto capital of the European Union...

    .
  • 1995: First Junior Enterprise in the UK - WBC, based at the University of Westminster in London.
  • 1996: CEJE, Spanish Confederation of Junior Enterprises, joins JADE
    European Confederation of Junior Enterprises
    JADE, the European Confederation of Junior Enterprises, gather all National confederations of Junior Enterprises in Europe. JADE represents a network of more than 20.000 students, approximatively 280 Junior-Enterprises, coming from 15 different European Countries and with a global Turnover of 16...

    .
  • 1997: Foundation of ETH juniors - Junior Enterprise of the Swiss Federal Institute of Technology in Zurich, called "ETH Zurich". Most successful Junior Enterprise revenue-wise in Switzerland, among Top 5 in Europe.
  • 1997: Foundation of UniPartners - A network of Junior Enterprises in the Netherlands
    Netherlands
    The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...

    .
  • 1998: Foundation of the first Junior Enterprise in Poland
    Poland
    Poland , officially the Republic of Poland , is a country in Central Europe bordered by Germany to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus and Lithuania to the east; and the Baltic Sea and Kaliningrad Oblast, a Russian exclave, to the north...

     - Junior Consulting Group (presently ConQuest Consulting).
  • 2003: Foundation of Brasil Junior, the Brazilian Confederation of Junior Enterprises.
  • 2004: Foundation of EHL Junior Enterprise - Junior Enterprise of the École hôtelière de Lausanne. First Junior Enterprise worldwide within the hospitality industry.
  • 2004: JADE welcomes a new member: JADE Poland
  • 2005: JADE welcomes a new member: JADE UK
  • 2007: JADE
    JADE
    JADE was the codename given by US codebreakers to a Japanese World War II cipher machine. The Imperial Japanese Navy used the machine for communications from late 1942 until 1944...

     Switzerland
    Switzerland
    Switzerland name of one of the Swiss cantons. ; ; ; or ), in its full name the Swiss Confederation , is a federal republic consisting of 26 cantons, with Bern as the seat of the federal authorities. The country is situated in Western Europe,Or Central Europe depending on the definition....

     comprises 10 Junior Enterprises (Impact Zurich University of Zurich, JEF University of Fribourg, JEG University of Geneva, JEHEC University of Lausanne, EHL Junior Enterprise École hôtelière de Lausanne
    École hôtelière de Lausanne
    Lausanne Hotel School is the oldest hotel school in the world. Founded in 1893, EHL is a hotel school offering high-level studies to students who are aiming for careers in the hotel industry...

    , Junior Entreprise EPFL, JEUNE Consulting University of Neuchatel, ESPRIT St. Gallen University of St. Gallen, Brainstart University of Winterthur, ETH Juniors Zürich)
  • 2010: JADE welcomes a new member: JADE Romania, which comprises 2 Junior Enterprises (Theory and Practice Consult and Business Organization for Students)

JADE - European confederation of junior-enterprises

The European confederation of junior-enterprises was created in 1992 under the impulsion of the French Confederation of Junior-Enterprises (CNJE).,. The founding members are the Netherlands (FNJE), Portugal (JEP), Italy (CIJE), Switzerland (USJE) and France (CNJE).

The network counts 20.000 student members in fifteen countries, organised in around 280 Junior Enterprises. JADE coordinates Junior Initiatives all over Europe and fosters their development. Together with Brasil Junior, the Junior Enterprise Network in Brazil, JADE is one of the largest student networks in the world.

Brasil Júnior - Brazilian Confederation of Junior Enterprises

Brasil Junior is the word's biggest junior enterprise confederation, composed by more than 160 confederated junior enterprises. It has as purpose to represent the junior enterprises nationwide and develop the Junior Enterprise Movement as an agent of business education and generation of new business. It is currently formed by 14 state federations.

Brasil Júnior works to bring together the state federations at meetings, and mainly, the junior enterprises at ENEJ (National Meeting of Junior Enterprises). In 2011, ENEJ will be organized at Foz do Iguaçu - Paraná, and the expected public is about 1800 junior entrepreneurs.

See also

French National Confederation of Junior Enterprises (CNJE)
  • Aalto Entrepreneurship Society - a Finnish
    Finland
    Finland , officially the Republic of Finland, is a Nordic country situated in the Fennoscandian region of Northern Europe. It is bordered by Sweden in the west, Norway in the north and Russia in the east, while Estonia lies to its south across the Gulf of Finland.Around 5.4 million people reside...

    , student-run organisation promoting entrepreneurship

External links

  • More about JADE: European Confederation of Junior Enterprises
    European Confederation of Junior Enterprises
    JADE, the European Confederation of Junior Enterprises, gather all National confederations of Junior Enterprises in Europe. JADE represents a network of more than 20.000 students, approximatively 280 Junior-Enterprises, coming from 15 different European Countries and with a global Turnover of 16...

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