Startacus Join Now! /
View Our Toolkit

The Tenner Challenge

Startacus RSS

by Startacus Admin

tennerHere at Startacus we’re all about celebrating the self starters of the world - whatever age they may be. After all, entrepreneurship shouldn’t be related to age should it? So when we hear of initiatives and ventures that are helping to promote enterprise and ingenuity, well..quite frankly we love it.

The latest such venture to capture our hearts is Tenner.

In essence, the mission of Tenner is to help identify the next generation of budding entrepreneurs. Yep. The future.
Open to children and young people in 3 age groups, namely 5–11 years, 12–14 years and 15–19 years, the Tenner Challenge aims to help young people get a glimpse into what it’s like to be an entrepreneur.

Basically, the competition will involve young people being provided with £10 from the Tenner Bank. This startup capital must then be used to get a business off the ground. Over the course of a month, they must aim to make as much profit as they can whilst at the same time, trying to do some social good and make a difference to their communities or society in general. At the end of that month, the books are drawn up - income generated, startup capital repaid and any donations made. (Ideally a £1 donation is made to help more young people take part in the following year’s Challenge.)

This year’s Challenge takes place in March and all those interested students and schools have until 26th Feb to register. An awards ceremony will be held in May/June where recognition will be given to young people deemed to be the Most inspiring individual and the Best overall group as well as those who have made the Highest Profit and Biggest social impact.

All the rules and regs on how to register,who is eligible to apply and other ‘important stuff’ can be found on the Tenner site.

It’s such a great initiative so if you know a young person or that ought to take part, why not let them know! We’ll be following what happens with interest!

Join Startacus - the Self Start Society!

If you like what you see here on Startacus, why not become a member of our growing community? It's free! And you'll get all this - exclusive access to our Business Toolkit, discounts and offers galore for your business via our member only business deals, the chance to network and connect with loads of fellow self-starters, and maybe even become our celebrated 'Self-Starter of the Week' and tell the world your startup tale! Join right here for free

Startacus RSS
Business DealsSubmit Your Startup
Win TicketsNetwork and Collaborate
Our Latest Features

Published on: 12th February 2014

If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.

Create an Idea!View Other Ideas, Projects or Startups
Drive with Belron Why not Sign Up?
Create Projects
Edit Projects
Self Interviews
Self Starter of the Year
Product Giveaways
Subscribe to our Newsletter
  • Top Startup Events UK and Ireland 2017 20th Jan 2017 In honoured tradition we return with our roundup and list of the top UK and Ireland Startup Events and Conferences for 2017.
  • AIB Start-up Academy Summit returns to Belfast! 13th Jan 2017 Northern Ireland startups and entrepreneurs listen up! The AIB Start-up Academy Summit will be back in Belfast and we’ve all the important info you need to bag your free ticket to attend!
  • Newcastle Startup Week Set to Inspire 11th Jan 2017 Newcastle Startup Week - a new festival of entrepreneurship aims to inspire local people to start businesses and attract greater inward investment to the city and wider North East of England region.
  • Drive with Belron Accelerator seeks disruptive Startups 7th Jan 2017 The world’s leading vehicle glass repair and replacement service provider Belron is back on the hunt for innovative startups to joins its ten week accelerator Drive.
Check us out at our Google+ page!