Fiver Challenge

The Fiver Challenge provides a highly interactive, fun way of introducing financial literacy, resilience and teamwork to primary school pupils.

Fiver Challenge logo

Programme Overview

Students are pledged £5 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 or service they can sell and gain first-hand experience of what it’s like to be an entrepreneur. Whilst the aim is to make as much profit as they can, students are encouraged to think ethically and sustainably. They will have the opportunity to make a positive contribution to society and give back when choosing how to use

their profits.

Easy to access online resources are provided to support teachers and students with ideas, inspiration and motivation. Students compete with teams across the UK in a range of national competitions including Best Team, Highest Profit and Best Community Impact.

Fiver provides the first practical steps of running a student company and can be used in preparation for taking part in Tenner Challenge, Company or Team Programme or as a stand alone programme.

It was great fun creating our own business and getting to sell our own products to the public

  • Pupil

What’s in it for young people?

  • Develop an enterprising mindset
  • The ability to recognise personal strengths
  • Understand entrepreneurship as a career option
  • Financial management
  • Insight into how business roles are structured and the opportunities that exist
  • Understand how businesses can act as social enterprises and give back to the community
  • Experience the benefits of team-working
Children facing each other with one holding up lightbulb full of small change

What’s in it for you and your school?

  • Suitable for students aged 5 -11 years old
  • Contributes to a school’s structured careers and wider achievement programme by helping students to prepare for the world of work
  • Offers an opportunity to register for meaningful employee encounters.
  • Provides an opportunity to raise aspirations and develop entrepreneurial qualities
  • Links CfE curriculum learning to the future

Young Enterprise support:

  • Teacher resource pack containing flexible lesson plans
  • Providing opportunities for live employee engagement, either face-to-face or via video link
  • Accessible digital resources
  • Flexible ”Fiver From Home” delivery model resources
  • Students receive a certificate on completion.
  • Phone/E-mail support from our programmes team

Young Enterprise Scotland

Our Vision is for Scotland to be a place where all young people are given the opportunity to have a rewarding future in work and life - no matter where they start their journey.

Our Mission is to inspire and equip young people, irrespective of their background, to learn, develop and reach their full potential through enterprise education.

In everything that we do, we will work with the following values: Integrity, Enthusiasm, Creativity & Collaboration.

 

Contact Us

Young Enterprise Scotland

Rouken Glen Centre
Rouken Glen Park
Thornliebank
Glasgow
G46 7UG
Scotland
United Kingdom

+44 (0)141 406 7722
admin@yes.org.uk

Where to Find Us