Teenagers given £10 to kickstart their own businesses
Ten pound notes are being handed out to entrepreneurial North East teenagers to see if they can transform the loan into a business.
The ‘Tenner Scheme’ presents young people with the opportunity to run their own firm for a month, using a £10 note.
The project is launching for the first time this year by Young Enterprise and is aimed at stimulating business thinking and action to create community improvements among young people in hard hit areas such as the North East.
The idea behind the Tenner Scheme is to give the region’s youngsters their first taste of enterprise as a means of boosting their employability skills so they can land a job or ultimately go into business for themselves.