The Tenner Challenge
by Startacus Admin
Here 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!
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Starting a business can be a lot of hard work, so here's a few ways to avoid burnout and find a healthy work life balance.
At one-day event Ideation NI Thon, students will get the chance to solve global and local sustainability, environmental, city and health problems.
NI startup ESTHER, a peer-2-peer giving platform allowing charitable donors to give money directly to people living in poverty, head to New York for a 4-day fact finding mission.
The lowdown on how an Australian startup generated global sales for their innovative product, "weighted blankets"...
At 82% the UK takes 4th place in the list of countries being most ready for automation and robotics, whilst 30% of UK population’s jobs are at risk of automation.
The innovative game, eQuoo that helps users build their emotional fitness and thereby help fight their mental illness
The London-based femtech startup that is using AI and genetic testing to provide a tailored oral contraception service for women
Recent research by Starling bank shows that in 2019, women earned up to £12,319 less per year than their male colleagues of the same age and within the same industry
Brandtech group, You & Mr Jones, has invested in ethical video startup Good-Loop who have closed a US $1.6m seed funding round.
2019 saw celebrities contribute to start-up investments in record numbers, surpassing a previous spike in 2015.
Published on: 12th February 2014
.png)
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Ideation NI Thon at NI Science Festival sets out to solve global issues 17th Jan 2020 At one-day event Ideation NI Thon, students will get the chance to solve global and local sustainability, environmental, city and health problems.
- NI startup ESTHER takes flight to New York 16th Jan 2020 NI startup ESTHER, a peer-2-peer giving platform allowing charitable donors to give money directly to people living in poverty, head to New York for a 4-day fact finding mission.
- 2019 stats show that the gender pay gap continues 14th Jan 2020 Recent research by Starling bank shows that in 2019, women earned up to £12,319 less per year than their male colleagues of the same age and within the same industry
- Digital DNA Awards 2020 nominations now open 13th Jan 2020 The Digital DNA Awards, held in partnership with MCS Group, celebrate the best tech talent, from companies of all sizes, excelling in the world of Digital and Tech and not just in NI...
