The “Fiver Challenge”
The Challenge:
See
below Plan your
ideas for the “Fiver Challenge”
The Young
Enterprise “Fiver Challenge”.
“-a fun way
of introducing financial literacy, resilience and teamwork to primary school
pupils”The Challenge:
Children
have one month to set up a mini business and create a product or service they
can sell or deliver at a profit and engage with their local community.
How it
works:
1.
You use the half-term holiday to plan
your ideas to present to your team in class.
2. We decide which projects are going to
be developed.
3. We give you a “Fiver”.
4. Your team uses this start-up capital
to get their enterprise off the ground.
5. You have a month to make as much
profit as possible, whilst also aiming to engage the local community
6. At the end of the month, the original
“fiver” is paid back. Any profits can be spent on an activity at school (chosen
by the children).
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