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Welsh Assembly Member Nick Ramsay hails “great” Tenner launch

Local Assembly Member, Nick Ramsay, was pleased to attend the launch of the Tenner Competition in Wales held at the Hilton, Newport last night, organised by The Young Enterprise Board.

The Tenner Competition is a nationwide event running throughout May and backed by business people such as Sir Richard Branson. It aims to find the next generation of budding entrepreneurs by providing competitors with a ten pound note to help start a new business idea, make it grow and produce a profit.

Speaking today Nick, who is Chairman of the Assembly’s Business and Enterprise Committee, said:

This was a great launch event hosted by the Newport and Monmouthshire Branch of Young Enterprise Wales, and I was pleased to see so many business people from across the region as well as representatives from education present.

“I’d encourage schools to get involved in the competition – there’s still time. The Tenner competition is based on a simple idea, but it’s a great way for our youngsters to get a taste of what it’s like to be an entrepreneur and maybe discover a hidden talent.

“This kind of challenge helps motivate young people to consider a life in business at an early age, and we need to do all we can to encourage the future of young entrepreneurs both locally and across Wales.

“If I’d been able to take part in the competition I’d use my tenner to buy some quiz books in a charity shop which would enable me to host quizzes around the county to help raise money for good causes”.

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