Year 6 have just started an enterprise project. The programme aims to give pupils the real life experience of starting a new business. 'Make £5 Grow' was created by Virgin Money and has benefitted over 500 schools throughout the U.K.
Pupils are split into groups and use a business loan from Virgin Money (£20) to design and develop a product or service. They will work as a team to fully develop their ideas; put their ideas in front of a judging panel for approval; carry out market research and finally sell their product. Along the way, they will improve their teamwork and communication skills; produce spreadsheets and charts showing their predicted profit margins; respond to judges feedback and evaluate their results. Watch this space for more information about the dates of the sales. Let's hope we have a new Richard Branson amongst us!