What can you turn £1 into, in just one month?
The Micro-Tyco Challenge (www.wildheartsinaction.org/microtyco/) is a national competition where students are given £1 and then asked to grow it into as much money as possible. The current secondary school record is £350, the primary school record is £14,000!! There is a one month national selling period and before that you have time to develop money making ideas and plan how to generate the greatest profit. There are resources and videos available to help you online as well in-school support. You will work in teams of up to 5 people against other students from across the UK.
You receive your £1 from an organisation called WildHearts then all the money created will be invested by WildHearts in microfinance in the developing world, helping thousands of people to set up small businesses to work their way out of poverty.
To make the £1 grow you are going to have to work as a team to be creative and to uncover hidden talents, the skills you will develop and demonstrate are recognised by top employers. Micro Tyco is already being used by big businesses such as RBS and Deloitte as a talent identifier and helping young people directly into work.
So are you up for the challenge, can you set a new micro-tyco record??
Sign up for the Enterprise Challenge PDP!!
Co-ordinator: Mrs N Elvidge
When: Wednesday afternoon
Where: To be confirmed
How Long: One term