The Teach a Man to Fish is seeking applications for the School Enterprise Challenge, an international business programme for schools that helps young people all around the world to develop business skills and essential life skills.
Donor Name: Teach a Man to Fish
Country: Global
Type of Grant: Challenge
Deadline: 08/23/2023
Size of the Grant: $25,000
Details:
Prize Details
- There was more than USD $25,000 worth of prizes available for the best entries in the School Enterprise Challenge!
- Business Idea
- 4x Business Idea: USD $200 each
- Business Plan
- Top Global Prize: USD $1500
- Best Bronze Business Plan: USD $1000
- Best Silver Business Plan: USD $1000
- Best Gold Business Plan: USD $1000
- Business Implementation
- Top Global Prize: USD $5000 and place at international forum
- Best Bronze Annual Report: USD $1500
- Best Silver Annual Report: USD $1500
- Best Gold Annual Report: USD $1500
- Special Category
- 5x Sustainable Development Champion: USD $750 each
- Special Recognisation (public vote): USD $1000
- Headteacher Award: USD $500
- Inspirational Teacher Award: USD $500
- 10x Transformative Teaching: USD $100 each
- Enterprising Student Award: Laptop
- 2x Enterprising Student Runner-Up: Camera Each
- 2x Graduate of the Year: USD $250 each.
- Business Idea
Benefits
- Benefits for young people
- Experiential Learning
- Get practical experience running a real business
- Develop entrepreneurial skills
- Creativity
- Analysis
- Financial management
- Growth mindset
- Develop key life skills
- Communications
- Teamwork
- Leadership
- Problem solving
- Be part of a global movement of young entrepreneurs!
- Experiential Learning
- Benefits for teachers
- Experiential Teaching
- Get access to a wide variety of teaching materials
- Business guides with explanations + activities
- Explainer videos
- Mini-competitions: ready-made challenges for your students
- Learn about business (this has many benefits in your personal life!)
- Ability to bring academic subjects to life through real-life examples
- Develop new teaching techniques
- Boost your CV
- Gain recognition and have the chance to win prizes
- Experiential Teaching
The Award Levels
- The School Enterprise Challenge is made up of 3 Award Levels:
- Bronze – Silver – Gold
- All new business teams start on the Bronze Level.
- Once they have achieved that they can progress to the Silver Level and then once they have achieved that onto the Gold Level.
- It usually takes one academic (school) year to achieve each Award Level. All teams that meet the Achievement Criteria for their level will receive official Certificates of Achievement (for the school as well as for the students and teachers involved).
- Bronze Level
- All new teams start on this level. It is also suitable for very young learners (pre-primary and primary).
- On this level, students get to discover the exciting world of entrepreneurship. They will be introduced to the basic concepts through the educational materials (Business Guides and Informative Videos).
- The students will come up with their own innovative business idea, write a business plan and launch and run the business!
- Silver Level
- This level is only available to teams that have achieved the Bronze Level (previously received the Bronze Level Certificate).
- On this level, students have two options:
- Option 1: Continue with the business which they set up on the Bronze Level, and develop it further.
- Option 2: Start a completely new business, based on the learnings from the Bronze Level, and do it better!
- In both cases, they encourage you to involve more students and give every team member the opportunity to rotate roles in the business team.
- The educational materials will guide the students step by step to write a more detailed Business Plan and Annual Report!
- Gold Level
- This level is only available to teams that have:
- Achieved the Silver Level (previously received the Silver Level Certificate) and are running a profitable school business
- Achieved the Gold Level (previously received the Gold Level Certificate – please note there is currently no level beyond the Gold Level)
- On this level, students will grow their business from the Silver Level even further. They recommend encouraging students from multiple year groups to be part of the business team, with more experienced members mentoring young ones. You will also reach out to other schools who are also operating a school business and share your experiences with each other (provide feedback and discuss best practices).
- Two key features of this level are:
- Business activities are integrated into the school timetable (given a regular, dedicated time slot)
- Sales are made outside of the school grounds (not just to fellow students, teachers and parents)
- This level is only available to teams that have:
Eligibility Criteria
- The School Enterprise Challenge is open to all schools from all countries, including: pre-primary schools, primary schools, secondary schools and technical/vocational colleges.
- Please note that universities are not eligible to take part.
- Younger students are welcome to participate! Many pre-primary schools and primary schools all around the world have taken part in the School Enterprise Challenge, successfully planning and setting up their very own school businesses.
For more information, visit School Enterprise Challenge.
