Each student was given $20 and told to turn it into a profit in just two months.
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Working together in a group, four year 11 students from the Wagga Christian College took the challenge and not only turned a profit but managed to use their money to spread a bit of cheer in a dark year.
Nath Yorong, Merridy Glazebrook, Rory Peat and Indi Chilby hand-packed and assembled care packs for people, particularly the aged and vulnerable, to survive the COVID-19 lockdown.
"Anyone who's struggling with COVID, it brings them joy to receive it from someone or to buy it for yourself," said Merridy.
Inside each pack was a few "comfort" tokens, including socks, hand sanitizers and a microwave brownie in a mug.
"When we started it, COVID the virus was at its worse so that's when it was needed most," said Rory.
Their simple idea managed to take out the highly commended second place prize in the annual national $20 Business Challenge.
"I didn't expect we'd do that well, I knew we'd do well just not that well," said Indi.
Their empathy for the plight of isolated people was further heightened during the planning stage when the NSW restrictions forced schools into learning-from-home situations.
"We saw how hard it was to be isolated so when we put together the packs we thought about what would make it better for us," Merridy said.
Not content simply to let their idea stand alone as a winning business venture, the students also chose to donate up to 10 per cent of their profits to charity.
"The money went to Redeemer Ministries [which] helps free people in slavery in Pakistan," said Merridy.
"We were able to help people not just in Australia but around the world [with our business idea]."
In a normal year, the students would have travelled to Melbourne for the national award ceremony.
Unfortunately, this year, the celebrations took place at their school as they watched the announcement on Wednesday afternoon via livestream.
Having taken part in the challenge since its inception six years ago, the school has garnered several accolades over the years.
"The first year we entered we won the top prize," said business studies teacher Stephen Gilmour.
"We've won the state award about three times, and now this second place too.
"It teaches [the students] that business is hard work, and fun with financial rewards if you work hard. It teaches them to empathise with their customers, it teaches teamwork, problem-solving, communication and conflict resolution."