A simulation company is a centre for practical vocational training, where a simulation method is used while maintaining external contacts with other companies. The most important goal of this type of projects is to nurture practical skills oriented towards international labour market. From a pedagogical perspective, a simulation company trains students’ economic thinking, enables them to familiarise with legal and economic foundations of entrepreneurship, develops innovation and facilitates the improvement of foreign language skills, including the specifics of a given industry. The aim of the paper is to present simulation companies, taking into account the principles of their organisation and genesis. Hereinafter, the author presents the Achievers International project as an example of an implementation of a simulation company into school settings.