Format
2 x 100 minute sessions 1 week apart
Target Group
16-25 year olds
Group Size
12-30 young people
Content
Our experts give young people the practical experience of running their own social enterprise by teaching them how to sell exclusive ethical products in their community. They work as a team, gain presentation, customer service and communication skills and learn how to identify their target audience, advertise, price, monitor cash flow and plan ahead.
The programme is split into two phases:
- Session 1: We introduce the concept of social enterprise and get participants to practice pitching and selling. In teams, they identify a target audience, form a business plan, set prices, analyse risk and rewards using SWOT analysis. There is a focus on teamwork and identifying different roles and responsibilities involved in planning and executing their project over the next week.
- Session 2: Participants present the results of their project and share experiences and what they have learned over the week. They are encouraged to reflect and identify the skills they have used. With 14+/KS4 we explore employability and consider how the skills they have gained can be used in various work based environments.
This enterprise education challenge is suited to a range of young people. Age and knowledge base will determine the depth of detail we go in to. The programme links to various Enterprise modules in the Business Studies curriculum at GCSE level.
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 pack a BIG punch!
"It makes maths real!" Improving teens numeracy skills by understanding investment
“My Mind Has Been Blown!" - Shannon, 8, opens her first bank account and starts her savings journey
"Learning to live independently taught me I had worth" Leaving care and dodging bankruptcy
Impact After Our Programmes
31
Increase in those being able to create a profit forecast
39
Profits made from average £19 MyBnk enterprise loan
39
Increase in those understanding what social enterprise is
“If you want to feel rich, just count the things you have that money can't buy.”
"Tell me and I forget, teach me and I may remember, involve me and I learn."
Money doesn’t grow on trees but if it did you’d plant the seeds
Money is the root of all evil
Money can’t buy manners
"Save money, and money will save you!”ou!"
'Where your treasure is, there your heart will be also.'
"I want young people to understand things like APR as much as they understand LOL".
"If money go before, all ways do lie open" (Shakespeare)
"There are people who have money and people who are rich". [Coco Chanel]
“Don’t just make money, make a difference”.
"The more you LEARN the more you EARN".
"Take care of the pennies and the pounds take care of themselves!"
"Don’t make money your goal. Instead, pursue the things you love doing, and then do them so well that people can’t take their eyes off you”. [Maya Angelou]
"MyBnk is more than just a job. It's a lifestyle!"
"A wise man once said the best thing money can buy is financial freedom".
“Spend your money on the things money can buy. Spend your time on the things money can’t buy.” - Haruki Murakami
"If you want to be wealthy, think of saving as well as getting".
"If money is the sea, learn to ride the waves".
“Money is numbers and numbers never end. If it takes money to be happy, your search for happiness will never end.” Bob Marley
