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.
The InsurTech startup which covers the risk of non payment of invoices...
AO, the UK’s leading online-only household appliance and electrical retailer is looking discover and integrate startups with solutions that will help AO’s customers.
.jpeg)
Technology has transformed how people interact. We are on the cusp of an exciting new era in clinical communication, and a key shift in the empowerment of patients as a stakeholder in healthcare.
Exercise made fun thanks to this location-based strategy game for runners and walkers
The innovative Social Community App that's been created for those living & working with Dyslexia and ADHD...
Shuttout - The community-driven marketplace startup that's adding social value to photographs...
Dent Reality launches it's new AR wayfinding technology for shopping malls, airports, retailers and other venues, using virtual paths and arrows to help users find their way.
Aberdeen based startups and entrepreneurs take note - here's the lowdown on key startup support and help available where you are...
Here are seven kinds of educational courses that can take your abilities as an entrepreneur to the next level.
Here we’ll take a look at six ways you can get the most from your online advertising budget.
Published on: 12th February 2014
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- AO launches Innovation Lab to integrate online retail solutions 17th Apr 2019 AO, the UK’s leading online-only household appliance and electrical retailer is looking discover and integrate startups with solutions that will help AO’s customers.
- EDP searching for startups to join the Starter Acceleration Program 8th Apr 2019 EDP, one of Europe's major electricity operators is currently looking for startups for their new EDP Starter Acceleration Program.
- United Utilities launches Innovation Lab 2.0 21st Mar 2019 Leading UK water and wastewater company United Utilities has launched its second accelerator programme to help innovative businesses grow and develop their solutions through a collaborative approach.
- Northern Ireland startups sought for upSTART 2019 21st Mar 2019 Entries are now open for upSTART, Northern Ireland’s most exciting startup pitch competition which features an all-expenses paid trip to explore the New York tech scene for the winner.
