Tenner: next steps

Next steps

With the Tenner deadline fast approaching, your participants may be feeling a sense of impending emptiness, what will they do with all their entrepreneurial enthusiasm? There have been loads of fantastic ideas and successful enterprises run through the Tenner competition, and we want to ensure that the students involved can continue with their entrepreneurial ideas and passions.

So what happens next?

The initial Tenners must be returned, but it’s up to the young people involved to decide what to do with any profit, here are some ideas they might be interested in:

Donate it to a good cause.

It could be given back to your youth club for new facilities or to help with running costs.

It could be donated to charity, there’s hundreds out there, choose one that is close to your heart.

Comic Relief is on March 13, why not donate it … and get on TV!

Use microfinancing site Kiva. Micro-finance may sound dull, but it’s an extremely innovative and exciting way to encourage entrepreneurs in developing countries. You lend money to an upstart business in, say, Africa, you then follow the progress of the business and when it has made money it comes back to you. If it sounds to good to be true, check out the website, we love it!

Use it to keep your business running

You could increase promotion
Pay staff
Buy more stock

Keep it

The easy way out. But hey! that’s why you got into business right?

“The journey of a thousand pounds beings with a single Tenner”

If you have enjoyed the enterprise experience of Tenner there’s a number of ways Make Your Mark can help develop your students enterprise skills and capabilities and take them further on their enterprise journey.

Make Your Mark Club

If you would like a group of your students to regularly meet and discuss enterprise then an Make Your Mark Club is definitely for you. The Make Your Mark Club is a network of enterprise clubs and groups in schools and colleges across the UK in which students are supported to make their ideas come to life! Whether it’s putting on a music festival, creating a design for a t-shirt or starting a social enterprise, students are given the opportunity to develop new skills, boost their confidence and take risks.

The Make Your Mark Club exists to help you set-up and run an enterprise group. It will connect you with other enterprising students and teachers across the UK and it offers regular newsletters, competitions, activity suggestions as well as an online message board.

Find out more at makeyourmarkclub.org.uk or email [email protected]

Ideas MashUp

Win £2000 for your idea!

Make Your Mark is launching a new ideas competition for sixth forms and further education colleges in the UK! Ideas MashUp Competition challenges young people in colleges to come up with exciting new ideas by mashing existing ones together! Rarely is an idea created by just one person, and rarely does it take the direction you expected at the beginning. By talking about your ideas and connecting with others you can make an idea happen!

Find out more about the Ideas MashUp or email [email protected]

Enterprise Week

Last year Enterprise Week involved over 7000 events in the UK. We also lined up with 75 countries to create the first ever Global Entrepreneurship Week. This week will run from 16-22 November and there are loads of way your school can get involved. You could hold an event in your school or youth centre or attend other local or national events. Why not host a networking session with local businesses and students? Or invite a speaker to come to your school/youth group? Hold workshops, seminars, lectures, job swaps, networking events… There are no boundaries to what an Enterprise Week can be! This is a great opportunity to put the enterprise spotlight on your school so shout about what your are doing.