Business Battle

An enterprise education programme taking young people from drawing board to marketplace in one week.

Format

5 x 2 hour workshops and a live market place day.

Target Group

11-25 year olds.

Group Size

6-15 young people.

Information Sheet PDF

Download

Content

Young people team up to create a business in a week – designing, developing and selling their service or product at a real life market place in our out of school enterprise education programme.

Sessions cover:

  • Ideas generation – An introduction that inspires young people to generate their own ideas, considering the target audience’s wants and needs.
  • Product design, budget and costs – Young people refine their ideas into a final ‘design’, and then research suppliers to create a materials list within their set budget of £40.
  • Logistics and production – Utilising each member’s strengths, teams delegate tasks to create their product / service ready for the market place.
  • Pricing and marketing – Evaluating the production process, pricing structures are decided, as well as a marketing strategy to attract and sell to customers.
  • Sell, sell, sell! – Teams attend a pre-designated market place to advertise and sell the designed products or services to a real customer audience.
  • Reflection – a practical evaluation activity is run. Winners are announced and prizes handed out.

Against the clock, with prizes and profit at stake for those who shine, all participants must collaborate to make their project a success.

The battle encourages teamwork and rewards initiative, whilst working under pressure.

Lead by an experienced MyBnk Education Officer. Real 0% interest loans are given and once repaid, participants keep all profits.

MyBnk Cancellation Policy: Cancellations and changes made to scheduled deliveries incur costs to MyBnk. Any changes made less than two weeks in advance will result in a £100 or, if less than three working days, £250 charge per MyBnk trainer. Full Terms & Conditions here.

Case Studies

From opening a first bank account and trading in real markets, to moving out of care and into independent living, MyBnk’s financial education workshops and enterprise experiences pack a BIG punch!

"Before MyBnk, I just spent"

"I'm getting them on this course!"

“MyBnk changed my life”

Impact After Our Programmes

19

increase in those feeling confident turning their ideas into reality

35

profit made on an average £19 MyBnk enterprise loan.

31

increase in those being able to create a profit forecast

"When young people understand the world around them, anything is possible. MyBnk helps them to understand their relationship with money and how to make good financial decisions."

Fiona Montgomery

Education Manager

"I just want to help young people have the knowledge I never had. I want them to understand things like APR as much as they understand LOL."

Carl Clark

Education Officer

"Taking the dull elements of finance, adding some real life and making them actually alright, if not kind of enjoyable!"

Andy Small

Education Officer

-

Nadia Bentoua

Project Manager - Money Mechanics

"MyBnk is inspired by input and ideas from young people, which makes it an exciting and fun place to work!"

Mette Barker

Partnership Manager

"Money really does ‘talk’ and it’s important for young people to learn and speak the language of the financial world they will be entering one day. MyBnk makes it possible for young people to learn about money management in a fun, interactive and inspiring way and equips them for their futures."

Jade Rowlands

Education Coordinator

"Financial education is fantastic"

Bertram Nehls

Office and IT Administrator