From the Guardian: Give a kid £10 and grow a social entrepreneur

April 19, 2010 at 10:43 am Leave a comment

by Alec Patton

On Saturday, the Guardian published an article about ‘Make Your Mark with a Tenner’, where kids are given a £10 loan and told to use it to make as much profit and (positive) social impact as they can in a month. Of course, there’s a competition element: prizes are awarded for ‘highest profit, most social impact and best business idea,’ and  ‘the six main winners are each awarded £100 startup capital and support from a business mentor to help them develop their entrepreneurial ideas.’ It’s great that they’re backing this up with real support, though I’m starting to wonder if we’re headed for a world in which all startup capital arrives via the Dragon’s Den model (unsurprisingly, Dragon’s Den entrepreneur Peter Jones is one of the main benefactors).

What I think is really cool is that everyone who takes part gets a certificate ‘outlining the skills they have developed.’ The article doesn’t make clear whether these certificates are bespoke (in which case I want to know more about their rubrics) or generic.

Read the article to the end, so that you find out about Tuck4U and how they ran afoul of an entirely different schools agenda (but seem to have emerged unscathed).

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Entry filed under: Education & Children's Services.

Clegg, Cameron and Brown fail the test on education What are your skills for the 21st Century?

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