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
“Don’t let making a living prevent you from making a life.” [John Wooden]
"I want young people to understand things like APR as much as they understand LOL".
"The question isn’t at what age I want to retire, it’s at what income.” [George Freeman]
"Never confuse the size of your paycheck with the size of your talent".
"There are people who have money and people who are rich". [Coco Chanel]
"The more you LEARN the more you EARN".
"Having money shouldn't cost you".
"Save money, and money will save you!"
"If money is the sea, learn to ride the waves".
"Money speaks every language in the world".
