Tycoon In Schools
by Startacus Admin
An excellent new initiative aimed at promoting enterprise amongst school students has recently been announced by Peter Jones, serial entrepreneur of Dragon’s Den fame. (You know him - he's the one everybody likes.)The Tycoon in Schools programme which will launch officially in November has seen him invest £100,000 of his own money into a competition which aims to motivate and inspire the next generation of entrepreneurs.
The programme which will run from 1st - 30th November 2012 will see schools being able to apply for loans of £1000 to be used by students who want to start a business.
Interested students first have to pitch their ideas to their tutors to secure seed funding and use this “Tycoon Loan” to help get their startup off the ground.
The students then have a month in which they must launch their project and try and make as much money as possible.
The aim is to have a Tycoon League Table to show each of the student startups’ progress.
When the programme ends at the end of November, the Tycoon Loans must be paid back and any remaining profit can be used by the schools themselves.
If you know any schools that you think ought to get involved, they can sign up on the Tycoon in Schools site and there is also a Twitter account to stay up to date with all the news and developments. ( @Tycooninschools ). Entries must be received by 1st September.
Make you yearn to be back at school? …Hmmm...didn’t think so...
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.
Diversity & Inclusion Toolkit launched by Tech Nation to help tech founders and their employees create more diverse and inclusive businesses, and provide equal opportunities for all in UK tech
Digital ID verification startup OCR Labs secures major investment to support further technology innovation and expand its operations in UK and Turkish markets
ECOncrete Wins EU H2020 Funding to Lead the “LIVING PORTS” Project to Deploy Next-Generation Port Infrastructure
"How to Scale a Startup" event on 23rd June will allow startups to explore key business areas they'll need to consider and get right if they're to move to scaleup status.
London-based financial literacy startup Strive is on a mission to teach kids about the future of money - from cryptocurrencies to saving
.jpeg)
Innovate UK and The Prince’s Trust are seeking 18-30-year-olds with ambitious business ideas that could turn into important innovations
Fancy designing your own home? Opoplan, an innovative Irish proptech startup, turns your design brief into a Custom House Plan uniquely suited to you
Karen Dunne-Squire, founder of Elation Experts, shares insights and tips that will help you develop a dynamic approach to business growth
Thinking about starting a business degree? Good prep is key - these tips will help you start off on the right foot...
RElab 2021 opens for applications from tech startups and scaleups with innovative solutions on the core themes of sustainability and construction technology
Published on: 4th August 2012
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- ECOncrete Wins EU H2020 Funding 16th Jun 2021 ECOncrete Wins EU H2020 Funding to Lead the “LIVING PORTS” Project to Deploy Next-Generation Port Infrastructure
- Calling on all 18-30 year-olds in the UK with innovative business ideas 14th Jun 2021 Innovate UK and The Prince’s Trust are seeking 18-30-year-olds with ambitious business ideas that could turn into important innovations
- 1 in 3 small businesses losing customers to maintain COVID-secure workplaces 10th Jun 2021 Latest research from iwoca reveals that COVID restrictions continue to have a huge impact on SMEs in the UK
- Lightyear, Europe’s first completely commission-free investment app set to launch 3rd Jun 2021 New fintech startup Lightyear secures major pre-seed funding and launches waiting list for its innovative investment platform
