Are you an entrepreneurs of the future?

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We have teamed up with Barclays Money Skills, to find the entrepreneurs of the future! And we have £6000 up for grabs!

We are asking students of local secondary schools and colleges of further education to show us their potential business acumen, entrepreneurial talent and creativity by putting together an enterprise initiative.

The initiative should illustrate their ability to offer a real service or product, market and promote it, and develop it into a potentially profit making venture.

The best efforts will be invited to pitch their idea, in a Dragons’ Den scenario, to our panel of judges. The winning team will pick up a fantastic £5000 for their school or college, to help develop financial capability in their students, and the runner up will win £1000.

Barclays has announced an industry-leading initiative to help one million young people to improve their financial skills by 2012 through its Barclays Money Skills programme.  They are investing £15m over three years to help young people to build the skills, knowledge and confidence they need to manage their money more effectively. They are also contributing their time, energy and resources to make sure Barclays Money Skills makes a long term positive difference for society. 

Barclays Money Skills forms part of Barclays’ long-term commitment to improving the money management skills of young people in the UK. The programme tackles topics such as opening a bank account; budgeting, saving and spending, and gives practical guidance on what to do when something goes wrong.  

Barclays North West Community Liaison Manager, Rachel Herbinson, said:

‘Helping people to increase money skills at an early age can make a huge difference when they become responsible for their own finances. Barclays Money Skills aims to help young people overcome the hurdles faced by many young people whey they begin to deal with their own money.”

“Our Barclays Money Skills programme will ensure we equip young people with the skills and confidence to make sound financial choices, something which is at the heart of Community Investment programme.”

For your free activity pack click the approprate age group link below:

Ages 12-15

Ages 14-17

Ages 16-25

HOW TO ENTER:

Students can choose from a variety of formats for their entries – a powerpoint presentation, a short video (preferably mp4 format), or simply a letter. Your entry should illustrate your enterprise skills including creative thinking and problem solving; communication skills; ability to work as part of a team; negotiation and decision making; setting achievable goals and dealing with risks.

Schools and colleges wishing to take part should first of all, call us on 01772 554559 to register (free of charge) or download a registration form by clicking here

Entries should then be submitted via email to competitions@lep.co.uk or by post to Young Entrepreneurs of the Year, The Gazette, Avroe House, Avroe Crescent, Blackpool Business Park, Blackpool, FY4 2DP to reach us by Monday November 14. The best ones will be invited to present their initiative to our panel of judges on Friday December 2nd to decide which school will win the big cash prizes! Schools’ teams should comprise no more than six students aged between 11 and 19 years of age. Standard competition rules apply.