The Fiver Challenge will take place from the 6th June to the 1st of July in 2022. Young people aged 5-11 are pledged £5 and have one month to set up a mini student business and create a product or service. The programme provides a highly interactive and fun way of introducing enterprise and financial education and key skills developed include problem solving, confidence, creativity and
teamwork.
The Fiver Challenge is designed to run across four weeks and offers an excellent introduction to enterprise and the world of work.
The Challenge is an excellent way to introduce young children to ideas about the work they might do in future, to help raise aspirations, and develop positive attitudes to work from an early age. Since 2020 over 64,000 pupils have participated in the Fiver Challenge across the UK.
More about Fiver Challenge
“The Fiver Challenge has been a fantastic initiative – the children have worked collaboratively and organised themselves superbly. They all broke even or made lots of profit! A fantastic initiative which we will take part in again next year.” – Teacher
“The best part was when we raised more than we thought we would. It gave a sense that by working together we could accomplish so much more and not to limit ourselves.” – Young person
Learning outcomes:
We are delighted to have Principality Building Society as our partner for the Fiver Challenge within Wales. This partnership that will see us work collaboratively to ensure that more schools and pupils across Wales get the chance to gain valuable entrepreneurial skills.
As a national independent charity, we rely on raising funds to deliver all of our programmes. If you are interested in supporting Fiver, please get in touch with Anita O’hara
Last year’s Fiver showcase displayed the winners and runners up from the 2020 Fiver challenge. This year was a little bit different as Fiver changed the challenge to make it “Fiver from home”.
Russell Winnard – Director of Programmes and Services, runs through the innovative ideas from the narrowed down list of participants out of the 38,500 young people who took part in the challenge. This includes the fantastic entries from those selected by the judges, as well as a special appearance from ex Fiver winner and Young Enterprise board member Carl Reader
