10X Challenge - Young Enterprise & Young Money

Our Mission & Vision

We believe that the potential of the UK’s young people is unlimited. Through our work we help them discover, develop & celebrate their skills

Find your local YE

Young Enterprise and Young Money work across the UK delivering enterprise and financial education programmes. Find us in your local area

Enterprise Education

Young Enterprise helps young people develop the life skills, knowledge & confidence they need to succeed in the changing world of work.

Financial Education

Young Money (formerly pfeg) is a trusted and valued provider of knowledge, resources & training to anyone teaching young people how to manage money.

Alumni Network

Over 4 million young people have taken part in Young Enterprise. Join our alumni network to continue learning, growing and supporting YE

Become a Corporate Partner

Working with Young Enterprise and Young Money gives you the opportunity to directly support and inspire young people

10X CHALLENGE

A Free National Enterprise Challenge, which next takes place February-March 2021, helping students to gain confidence and prepare for the world of work. Students are pledged £10 from the 10X Bank and use this start-up capital to get their enterprise off the ground. They have one month to set up their business, coming up with an idea for a product or service.

10X (formerly Tenner) is our National Enterprise Challenge, helping students to develop an enterprising mindset and prepare for the world of work.

Students are pledged £10 from the 10X Bank and use this start-up capital to get their enterprise off the ground. They have one month to set up their business – coming up with an idea of a product to service they can sell. During the challenge, students are encouraged to think ethically and sustainably and have the opportunity to make a positive contribution to society.

In 2019/20 more than 20,000 11 to 19 year olds took part in the challenge.

FUNDING FOR THIS PROGRAMME

We are delighted to have M&G as our national supporter for the 10X Challenge. This support is crucial in helping us to enable so many young people to develop vital enterprise and financial capability skills they will need for the future.

Learning outcomes from 10X Challenge

Insight into how businesses are structured and the different roles and career opportunities that exist
Understand how businesses can act as social enterprises and give back to the community
Experience the benefits of working as a team – recognising and using skills of other team members
Develop an enterprising mindset, and skills for the future
Gain self-awareness to recognise personal strengths and preferences, and how this can be demonstrated to future employers
Develop an understanding of how to manage finances in a real life context

IMPACT OF 10X

90% of teachers agreed that 10X Challenge contributes to the school’s careers programme

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WHAT TEACHERS SAY

“The standard academic curriculum can be restrictive in allowing these entrepreneurial skills to flourish,
as students focus on what is needed to answer exam questions etc. The Challenge has given them an outlet to let their skills develop.” – Teacher

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WHAT STUDENTS SAY

“A great chance to experience what it’s like to run a business and gives a great challenge to manage time, money, resources and orders” – Student

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Our Mission & Vision

Find your local YE

Enterprise Education

Financial Education

Alumni Network

Become a Corporate Partner

Policy Hub

Our Impact Reports

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