Tuesday, 31 January 2017


The Tenner Challenge is an initiative run by Young Enterprise to encourage young people to set up and run their own business for a month. Throughout March 2017, eighty students from years 7, 8 and 9 have applied to take part. It will involve students forming a business on their own or as part of a team and borrowing £10.00 to use as start-up capital to get their business off the ground. At the end of the month the students will repay the £10.00 plus £1 to Young Enterprise. From the remaining profit students will give 50% to a charity and keep the other 50%. The scheme is designed to develop and build skills including creativity, resilience and problem solving, using real money to calculate risks in business. We have several 6th form students who have volunteered to mentor our younger students. I will keep you updated throughout this challenge. If your child is one of those who has volunteered please do encourage them in this exciting project. Thank you. Mrs Maguire