What Can Your Students Do With a Tenner?


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Ross Morrison McGill founded @TeacherToolkit in 2007, and today, he is one of the 'most followed educators'on social media in the world. In 2015, he was nominated as one of the '500 Most Influential People in Britain' by The Sunday Times as a result of...
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What could your students do with £10?

The Tenner Challenge is Young Enterprise’s free, four-week UK-wide competition challenging young people aged 11-19 to develop key skills, using real money to take calculated risks in business. Every business idea is pledged £10 from the Young Enterprise Tenner Bank.

Taking part will provide a safe and fun environment beyond the classroom for students, to experience setting up and running their own business; from creating a product, designing a company logo, working as a team, and managing a budget and trading directly with the public. All the resources you need to make the challenge a success are available online for you and your students. This includes ideas and inspiration, activities, case studies and guidance.

Tenner Challenge is a great way to encourage social action, many students at the end of the challenge will donate proceeds to local causes, schools or charities, providing a platform for young people to make a positive contribution to the wider community.

Curriculum Relevance

Tenner helps schools provide diverse learning opportunities, helping students develop skills which underpin success in education and employment such as: resilience, communication and teamwork. Specifically, participation in Tenner helps schools and teachers:

  • Meet their statutory duties to deliver impartial, independent career guidance
  • Prepare young people for the next stage of learning, life and work
  • Apply and utilise financial mathematics.

Opportunities:

The challenge provides students a real opportunity to:

  • Explore a range of career opportunities whilst shaping future aspirations and goals
  • Gain an understanding of how businesses are structured and recognise different roles
  • Problem solve in a real-world context.

The Tenner Challenge is a great opportunity for students to be creative about using money and (utilise any hidden) entrepreneurial skills of their own. The task can develop help develop problem-solving skills using the incentive of ‘real’ money! It’s certain to gain the attention of every student! (@TeacherToolkit)

Sign your students up today at www.Tenner.org.uk. If you want to get in touch, please email [email protected].

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