Autumn/Winter 2016
magazine
Inside this issue MPs call for improved financial education in English schools Battle of the businesses at the Young Enterprise UK Final Teachers to receive enterprise education training
Impact is everything
The figures are in, the evidence is compelling, what Young Enterprise does, works! We’ve improved how we evaluate our programmes and how we measure the impact they achieve. And we’re delighted that both internal and independent analyses demonstrates the firm success of our programmes. In this issue of Inspire, we’re reporting the main impact we are having. You’ll read an evaluation of our Company Programme that shows pupils are reaching their intended first career destinations. A separate evaluation of the Company Programme reports that participants finish the initiative with increased self-confidence, resilience, communication and other skills which employers are seeking.
“Over the next three years Young Enterprise has set itself an ambitious target to go from working with 2,600 educational centres to 4,500, delivering one million learner experiences to students from the ages of 4 to 25 all over the country”
2 | inspire magazine, Autumn/Winter 2016
We also feature an independent evaluation of our Team Programme. It too demonstrates how young people with special education needs and disabilities are improving their employability and training competencies as a result of participating in one of our initiatives. Our evidence demonstrates the positive impact of Young Enterprise programmes on business volunteers, on teachers who train to deliver them, on schools, and on the communities around them. After all this proven success, what now? Simply put, Young Enterprise will have a greater impact if we reach even more students. Over the next three years we have set ourselves an ambitious target to go from working with 2,600 educational centres to 4,500, delivering one million learner experiences to students from the ages of 4 to 25 all over the country. To deliver our programme at this scale, we need to increase our network of business volunteers from 5,000 to 7,000 and raise a total of £25m (we have already secured £6m to date). As you will read in this issue our programme really helps young people develop the employability skills they need to get a job and the financial education to help them manage the money they earn now and in the future.
Our model relies on our business volunteers working directly in the classroom alongside the teachers, to engage with, inspire and educate the UK’s future workforce. I hope you will join us in our mission to continue to unlock the potential of the UK’s young people. Read our reports online: www.young-enterprise.org.uk/about-us/ research-and-evaluation/ www.young-enterprise.org.uk/about-us/ research-and-evaluation/ye-research/ Michael Mercieca Chief Executive of Young Enterprise
Young Enterprise milestone marked by 100th Centre of Excellence A specialist college for children on the autistic spectrum has become Young Enterprise’s 100th Centre of Excellence, marking a significant milestone in our impact on quality financial education. Centres of Excellence represent the zenith of Young Enterprise’s mission, which is for schools and colleges to fully integrate financial and enterprise education into their curriculum and for it to impact on every aspect of school life. We’re delighted to invest Wargrave House School and College in Newton-le-Willows, Merseyside as our 100th Centre of Excellence demonstrating our widespread influence and impact on education across the UK. Wargrave House primarily provides places for children with an autism diagnosis. Gennie Hyde is Head of Education at the school. She said, “The flexibility of the programme has ensured that, despite our student’s additional needs, an inclusive and
appropriate curriculum model has been easily achieved.” In June the school held a celebration to mark its acceptance onto the programme. The local mayor, funders and volunteers from local businesses joined the morning of celebration. One student, Owen, concluded, “I liked working in the Bureau de Change in My Money Week.” Teacher Deena Parmar said, “The event allowed students to bring together their knowledge, skills and attitudes on financial education. They enjoyed showcasing their life skills that they use daily in Wargrave and the wider community.”
Centres of Excellence is available to a range of education organisations including mainstream and special education and disability (SEND) primary, secondary and 6th forms and colleges. To learn more about Centres of Excellence go to: www.y-e.org.uk/becomeacoe
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Children in care to get help understanding basic finances Vulnerable children, including those living in care and young carers are to benefit from a new Young Enterprise scheme offering professionals expert training to deliver workshops on managing finances. In association with
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The Santander sponsored initiative will train professionals working with up to 7,500 of the UK’s most vulnerable young people to help them interpret their bank statements and bills, and to understand financial concepts like debt and tax. The three year scheme will work to reach young people in care during 2016 and will benefit homeless young people in year two and young offenders in year three. Thiry six regional events are planned over three years, engaging up to 300 professionals working with children and young people. According to a survey of young people from The Who Cares? Trust, three in four interviewees said they had not had enough financial advice and training while in care. Nearly half said they were not able to interpret bank statements by distinguishing between being in credit and being overdrawn. “We hope this wide-ranging project will lead to higher levels of aspiration among the most vulnerable young people, and give them access to the skills and knowledge necessary to fully participate in society,� said Russell Winnard, Head of Educator Facing Programmes & Services at Young Enterprise.
More information about the project can be found here: www.y-e.org.uk/practitionertraining
8,000 pupils on target for enterprise learning Young Enterprise is to train 250 secondary school teachers on how to deliver lessons around enterprise, potentially reaching 8,000 young people this academic year.
The enterprise-focussed training has been launched after the success of a similar finance-focussed programme that saw Young Enterprise successfully train over 1,500 teachers in how to integrate financial topics into their lessons.
“We can’t wait to bring more schools on board with this new initiative, increasing our impact even further.”
Teachers who received financial training reported developing greater confidence in delivering financial education, and said they felt more comfortable integrating financial education into the curriculum they taught. “The demand for the development of enterprise-focussed training for teachers shows just what an impact we’re having on teachers’ confidence to teach their pupils about money and business,” said Russell Winnard, Head of Educator Facing Programmes & Services at Young Enterprise.
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appg
All Party Parliamentary Group on Financial Education for Young People report
Young Enterprise has the ear of MPs on financial education A critical Parliamentary report into the quality of teaching on finance in schools has highlighted Young Enterprise’s influence among politicians. An extensive Parliamentary inquiry recently reiterated some of our key concerns about financial education in England and Wales. The All Party Parliamentary Group (APPG) on Financial Education for Young People, which is supported by Young Enterprise, concluded that school children continue to miss out on vital teaching on managing their finances. This is despite schools being obliged to teach it and pupils having more control of their money than ever before. It also found that those school children who need the most help with financial education are least likely to receive it. When finance is taught, it is often unrelated to scenarios young people face in their everyday lives. 6 | inspire magazine, Autumn/Winter 2016
“The conclusions of the report are stark: young people are not prepared for the financial world they face outside the school gates. The required curriculum is not being properly taught. This has to change,” said Stuart Burt, Senior Public Affairs Manager at Young Enterprise.
The report was published at a packed reception at Westminster in May. It received national press coverage in The Times and The Telegraph. Its findings were reported in the House of Commons and recommendations are being discussed with government ministers.
Suella Fernandes MP, who chairs the APPG and headed up the inquiry said, “There is clear demand for further training and support to help [schools] improve.”
The high profile impact of the report in the media and among politicians illustrates Young Enterprise’s continued influence at a national policy and political level.
This is a challenge to which Young Enterprise is delighted to rise to as the UK’s leading provider of training to schools on financial education.
“There is clear demand for further training and support to help schools improve.” Suella Fernandes MP
Key recommendations
• Improve teacher confidence and skill set in this area
• Measure the long term impact of interventions.
Read the report online at www.y-e.org.uk/appg
A new resource has been published for teachers to help them educate pupils about the financial decisions they’ll face when entering the housing market. A Practical Guide to Housing through Financial Education, published by Young Enterprise and generously funded by the TDS Charitable Foundation, helps teachers break down confusing language and concepts around housing decisions. The work is part of Young Enterprise’s commitment to making financial education more than just an abstract idea, but to help pupils to apply it in the real world.
• Strengthen school provision at both primary and secondary level
• Encourage coordination across the financial education sector
Financial choices key to unlocking young peoples first front door
appg
All Party Parliame ntary Gro on Financ up ial Educa tio Young Pe ople report n for
Financial Educ Two Years ation in Schools: On – Job Done?
Leading housing industry expert Kate Faulkner said: “Equipping our young people with the financial education they need to make the right housing decisions for their personal circumstances will be invaluable, both at the start of their independence but also well into the future.” The guide is available free to secondary school teachers in print and online. Download the guide and other financial education resources for free at: www.y-e.org.uk/housingguide
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Autumn/Winter 2016, inspire magazine | 7
Confidence. Capability. Employability… The proven impact of our Company Programme Young people who join one of the 1,000 entrepreneurial companies launched as part of our Company Programme each year, come away brimming with confidence and self-esteem. They also come away with the skills employers want: better problem solving, resilience and readiness for work. That’s the conclusion of our 2015/16 evaluation into the wide-ranging impact of our flagship programme in schools. Well over nine in ten participants said they had improved at least one ‘employability competency’, such as self-esteem, problem solving or resilience. These are exactly the competencies employers say they are looking for from job seekers. Nick Fieldhouse, a teacher at Abingdon School in Oxfordshire which hosts the Company Programme said the contribution made by their local business advisers is absolutely huge. 8 | inspire magazine, Autumn/Winter 2016
“The Company Programme clearly gives students the employability skills and confidence they need to move to the next stage of education, employment or training.” “Their expertise they bring in from industry is absolutely invaluable. It’s something we can’t provide in the school environment. They can come in to talk about genuine industry experience, talk about marketing and developing team work, that’s been absolutely essential for the process.” A further longitudinal study tracking Company alumni over two years has concluded that young people who go through the Company Programme are more likely to achieve their chosen career goals.
We asked participants in the programme in 2013/14 what they hoped to be doing after finishing school, such as being in further education, employment, self-employment or training. Eight out of ten had achieved their intended career destination when we followed up with them a year and a half later. “The Company Programme clearly helps students develop the employability skills and confidence they need to move to the next stage of education, employment or training,” said Sarah Middleton, Head of Young Peoples Programme & Services at Young Enterprise. “This research shows we’re giving young people a unique opportunity to improve their life chances.” Susan Smith, a business advisor in Yorkshire and Humber schools, said, “I wanted to bridge the gap between education and businesses and bring the knowledge that I have to the students. But its been surprisingly mutually beneficial, they’ve inspired me as well.”
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KEY FINDINGS NDINGS
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84% of young people rate their experience with Young Enterprise as very good to good
Company Programme is Young Enterprise’s flagship initiative. It enables 15-19 year olds to set up and run businesses in an academic year, guided by local mentors and is supported nationally by HSBC.
Young Enterprise Company Programme 2015-16, Impact Report
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Young Enterprise Company Programme Evaluation Report 2015/16.Download the full evaluation report from: www.young-enterprise.org.uk/wp-content/ uploads/2014/09/YE-Impact-Report-2016-FINAL-1.pdf
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Autumn/Winter 2016, inspire magazine | 9
7 July • EMIRATES STADIUM
uk company of the year awards 2016
Company of the Year Final highlights Young Enterprise’s positive impact on nearly 20,000 secondary school pupils Hundreds of elated students, celebrated the highlight of Young Enterprise’s year in July as our Company Programme culminated in the UK final. Student companies promoting everything from new software and tech gadgets, to publishing and emergency response folder for vehicles, presented from stands at the Emirates Stadium in London. They then joined a glittering reception hosted by BBC business presenter Steph McGovern, at which the winners of this year’s Company Programme were announced. The Company Programme is Young Enterprise’s flagship initiative. It challenges secondary school pupils to establish their own entrepreneurial company, bring their products to market and, hopefully, to make a decent profit.
Over 19,000 secondary school age students from more than 1,000 schools took part from across England, Wales, Scotland, Northern Ireland and Gibraltar this year, supported by hundreds of business volunteers. More than 2,000 businesses were established and each region hosted its own regional final, before sending the winners to our high-profile event in the capital. Together Company Programme participants generated a turnover of over £2million.
“The Company Programme in schools, as well as the competition at a regional level, and here at the UK final, encompasses everything we’ve proven to be achieving in schools and with young people.” Michael Mercieca, Chief Executive of Young Enterprise 10 | inspire magazine, Autumn/Winter 2016
Autumn/Winter 2016, inspire magazine | 11
Growing in size and impact The size and success of the Company Programme shows the impact Young Enterprise is having UK-wide on young people’s skills, self-confidence and readiness for the world of work. It also demonstrates our huge impact on schools helping them to integrate quality business education into the curriculum. From the very best student companies in the UK, an expert panel of judges chose the overall Company of the Year, as well as awarding gongs for best presentation, for innovative use of IT, for outstanding achievement, for retail excellence and for creativity. As in previous years, the Company Programme final hit the headlines in the national media, including regular updates on the prime time BBC Breakfast show, which showcased the students’ work and highlighted Young Enterprise’s unique programmes in schools.
“With the time and skills of our generous business mentors and sponsors, we’re teaching students the entrepreneurial, technical and business skills they need in later life. But we’re also giving them experience of presenting, competing, creativity, problem solving and building belief in themselves and their abilities.” Michael Mercieca, Chief Executive of Young Enterprise
Sharon Davies, Chief Operating Officer at Young Enterprise, told the BBC on the morning of the event: “The lessons the pupils learning here are the real lessons they’ll take on with them to the world of work. And these are the skills that employers are telling us that they are crying out for.”
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Announcement leads to winner’s tears Against tough competition, the student company to emerge victorious as the Company of the Year was Enlighten Hope, a group of students from St Patricks’ College, Dungannon, in Northern Ireland. The company had a very personal inspiration for creating a set of illustrated books aimed at children going through treatment, and their parents. Their own teacher’s 7-yearold niece had recently died from a brain tumour. Team members and teachers supporting Enlighten Hope jumped up and down, then hugged and cried after their success was announced, moving the whole Young Enterprise audience – students, teachers, staff and volunteers - on the night. Their teacher Tracey Hughes, said: “In their own mature but childlike understanding of life, they have created a product which I genuinely believe will revolutionise how families can approach a hard-hitting diagnosis. It’s been phenomenal.” The runners up prize for Company of the Year went to a group of students from Sutton Grammar School, who designed a gadget and coded a software application that could help to prevent customers losing their keys, bags, mobile phone and other valuables. The second runner up prize went to a group of students from King Edward VI School, West Midlands who designed an emergency contact information disk to fit into tax disk holders in cars.
“What I got out of the Company programme was a lot of confidence, not only to do public speaking but also confidence in what us as a group can do,” said a student from Walthamstow Hall School. Autumn/Winter 2016, inspire magazine | 13
“I think we’ve found as teachers, that the Young Enterprise programme has really developed confidence and resilience in our students,” said Nick Fieldhouse, a teacher at Abingdon School in Oxfordshire. “When they’ve had knock-backs they’ve had to think about how to problem solve, come back from that and move forward.” 14 | inspire magazine, Autumn/Winter 2016
Rhonda Tedford, a business adviser at Company sponsor, HSBC, participated in the programme and said: “I’ve really enjoyed my time in the programme and feel that I have gained a lot from this experience, and hope the pupils feel the same.”
“I’m a teacher of economics, and it’s sometimes difficult to make my subject come alive to the girls because they haven’t had that much experience yet in business,” said Judith Underwood, teacher at Chelmsford County High School. Autumn/Winter 2016, inspire magazine | 15
CASE STUDY
Enlighten Hope
Transformation for Northern Ireland pupils, winners of UK Company Final “We thought introducing the Company Programme would give our students a chance to test something, and that was the initial aim. We had no idea it was going to have anything like the effect that it did.” Tracy Hughes is Head of Business Studies at St. Patrick’s College, Dungannon, in Northern Ireland. With eight of her sixth formers, the school gave the Young Enterprise Company Programme a first try last year. This summer, the resulting company - Enlighten Hope - won the Company of the Year Award for the whole of the UK. In September the company celebrated achieving third place at the European Finals in Lucern, Switzerland. “We are absolutely elated with our achievement,” said Iveta Liovinaite, Managing Director of Enlighten Hope. “We were thrilled to be thousands of miles away from home achieving in a place we could have only have dreamed of.” Dungannon is a deprived town in Northern Ireland. The school caters for a high number of pupils from deprived backgrounds and pupils from many ethnicities. Inspired by the potential of Young Enterprise as an afterschool club, Tracy Hughes designed an application form for those who might want to take part, treating the whole process as a business would to recruit staff. 16 | inspire magazine, Autumn/Winter 2016
Among the successful applicants were Young Enterprise students from family backgrounds that might not necessarily have valued education, nor had any experience of business or professional careers. One was achieving poor results at AS level. Another was a frequent non-attender at school. “The programme was full of ideas and concepts that these pupils would not be familiar with, because they didn’t come from professional backgrounds. Being an engineer meant fixing cars. Going to work meant working in the factory all day,” Tracy said. Many of the pupils involved had been taught by Tracy for a number of years. Her niece, Eva, had a brain tumour and Tracy would keep her pupils informed about the little girl’s cancer treatment. When the Company Programme pupils were asked to go away to consider what products they could offer as a company, Tracy was moved that they asked if they might publish a suite of books for children undergoing cancer treatment. Tracy had been caring for Eva when her hair had fallen out after chemotherapy, and had made up a story about the adventures the little girls’ hair was enjoying. Tracy had been unable to find any other age-appropriate books for children undergoing cancer treatment, so it was clear to all that there was a real market for the book.
Iveta added: “It is hard to believe we are the same people. Each one of us is truly unrecognisable and only for the better. I personally have gained essential teamwork skills and learned to work with different personalities and appreciate everyone’s differences. Thanks to Young Enterprise, I am now adaptable, confident and optimistic.”
Enlighten Hope wrote three £5 illustrated books for children with cancer: The Adventures of Eva’s Hair, The Adventures of Will’s Wheels and The Adventures of Tina’s Teeth. Together they were a great business product, and with the assistance of business mentors from HSBC, the pupils learned how to write a business plan, create, market, and measure the success of their product. Tracy said working with Enlighten Hope helped herself, her family, and the pupils who had come to know Eva’s story so well, deal with Eva’s sad passing away last year, aged just seven. The Enlighten Hope project led to an amazing turnaround in the confidence and achievements of each of the pupils who were involved. They not only became fully dedicated to the project, but in class they were able to apply the business lessons they were learning, including improved communication skills and team work, to improve their academic work too.
One of the key contributors to the success of the Enlighten Hope project were the two business advisers from HSBC who worked with the eight pupils, in and out of the classroom. They brought a business and finance perspective that most of the students would never have encountered before. “Our mentors, the Young Enterprise staff and our HSBC business advisers were dedicated to us 100%, and what brought us up was their continuous belief in us. They supported us at all times and really helped us through the journey,” said Iveta. Tracy said the advisors also helped bring a different perspective than rather a purely academic one to the Young Enterprise pupils. “They were able to break down ideas around finance that would have otherwise been difficult for me to teach.”
Pupils who were sitting in the middle or towards the bottom of classes became top achievers. The pupil who rarely attended school didn’t miss a day.
The story of Enlighten Hope illustrates the incredible impact that hands-on business education can have on pupils, particularly in bringing the world of work to life. That a group of eight pupils, supported by a dedicated teacher and business advisers, could move from the Company Programme as a ‘try out’ to winning the UK Company Finals, as well as achieving a podium place in Europe, shows just how transformative the programme can be.
“They excelled in the classroom, the same way they did in the Young Enterprise business,” said Tracy. “They wanted each other to be, and helped each other to be, brilliant. The programme broadened the pupil’s horizons about what was achievable for them.”
As Tracy concluded: “The whole senior school team feels that Young Enterprise has contributed to the school’s development, that of the pupils themselves, and that they will go on to contribute positively to the economy in the future. There’s no doubt we’ll be participating again next year.”
www.enlightenhope.co.uk Autumn/Winter 2016, inspire magazine | 17
Special education schools embrace Team Programme Education leaders in schools for pupils with special educational needs and disabilities (SEND) are celebrating with Young Enterprise the success of Team programme. s For Age
15 -19+
i Team Programme Designed to aid the transition from education into independent living for students with learning difficulties. Students set up and run a business making all the decisions about their company.
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Teachers say the innovative programme is giving their pupils an opportunity to develop numeracy, literacy, communication and team work skills they wouldn’t otherwise have. The external evaluation found that pupils on Team programme show increased confidence and resilience. Visiting one of the biggest SEND schools in the UK, Amersham and Wycombe College, researchers concluded: “Students have benefitted from the enrichment opportunities and personal development that the Young Enterprise programme offers. “Competing against other schools has widened their horizons and their understanding of the world and other people.” Our external evaluation led by the University of Derby International Centre for Guidance Studies led researchers to visit a number of schools where Team was being implemented. Findings confirm the positive impact the programme has on pupils and school community. One teacher at Londsale School in Hertfordshire, who’s sixth formers participated in the Team, said:
“Doing Team Programme gives the young people independence, because often parents do things for their child. Young Enterprise and the school encourages them to do it for themselves, for example counting money.” After visiting Corby Business Academy, researchers found: “Children who could not engage with people around them actually grow and start going out and having that first conversation with people. This progress is reported to be a very significant benefit brought to school through this programme.”
Team: Making a difference to pupils and the community “It enables our young people to contribute to the community and to participate in the community. It also enables our young people to work with a range of children and adults of all ages and abilities which is a key goal.” Head teacher, Mayfield School, Portsmouth
“It has been a positive, easy to understand business programme which has helped to develop student skills and understanding.” School senior leader, Meadowfield School, Sittingbourne
“It was fun. There were a few trying moments, but overall the experience was good. Hopefully, the students will remember their involvement with satisfaction.” Business Adviser, Hereford and Ludlow College
Teachers noted an increase in all character education traits including the following:
57%
An increase of 57 percentage points... in students exhibiting greater than average resilience
An increase of 37 percentage points... in students exhibiting greater than average entrepreneurial activity
25%
37%
An increase of 25 percentage points... in students exhibiting greater than average financial capability skills
Findings taken from the Young Enterprise Evaluating Impact of the Team Programme Final Report. www.young-enterprise.org.uk/wp-content/uploads/2014/09/Young-Enterprise-Team-Evaluation-Report-2016.pdf
Report conclusion “Team is highly effective in developing the necessary character traits, knowledge and skills for entering adulthood, to live independently and make successful transitions to further learning and work.” To get your copy of the report, go to:
Autumn/Winter 2016, inspire magazine | 19
David Marlow CEO, Nottingham Building Society
Doing Good Together When The Nottingham Building Society was looking for organisations to implement its Doing Good Together community programme, Young Enterprise was a natural partner. 20 | inspire magazine, Autumn/Winter 2016
The Nottingham Building Society supports Young Enterprise’s Company Programme, as well as the careers focussed Learn To Earn Programme in 10 local schools. Volunteer advisers from The Nottingham come into the classroom where they help pupils to bridge the gap between education and the workplace, and provide positive professional role models for students.
The Nottingham’s CEO, David Marlow, was a judge for this year’s Company Programme. How did you find out about Company Programme? It was something I did and which I benefitted from back in my school days and an experience which I look back on with very fond memories.
David Marlow
Why do you support Young Enterprise? We firmly believe in helping people become more employable, providing skills to improve prospects. Our work with Young Enterprise helps us meet our Doing Good Together objectives.
CEO, Programme Judge
Sarah Booth is a customer adviser at the Nottingham. She has volunteered as a business adviser at the Bulwell Academy for a year. How did you find out about Young Enterprise? I wanted to do something in my local community to get The Nottingham’s name out there. My manager mentioned Young Enterprise as a potential opportunity, so I looked into it.
Sarah Booth Customer Adviser
How would you describe the experience? The students actually run real businesses. It is good to be there to offer practical advice and make them think about the best way to approach problems. It is sometimes hard letting them work through issues rather than telling them what you know from experience.
What did you take from judging the Company Programme? I was inspired by the young people’s ambition and confidence. It was great to see how participating in Company Programme enabled them to gain in confidence as they showcased their ideas. Would you recommend getting involved in Company Programme? Yes, absolutely. We encourage colleagues across our business to become Business Advisers and I have been encouraged by the take up we’ve seen this year. I look forward to engaging even more next year.
How did the experience develop your own skills? I have gained a lot of confidence talking to people and also honing my coaching skills, something that is really important to me as I want to progress my career at The Nottingham. What advice do you have for other business advisers? I thought it would be time consuming, but it wasn’t. I also thought I’d need to be highly qualified, but actually I needed basic work skills. You also need the ability or the willingness to learn how to be a good coach and mentor.
If you would like to learn more about business volunteering opportunities please get in touch at: 020 7549 1980 or www.young-enterprise.org.uk Autumn/Winter 2016, inspire magazine | 21
Young Enterprise chosen as Chairman’s Charity by the Federation of Small Businesses The Federation of Small Businesses (FSB) has selected Young Enterprise to be the National Chairman’s Charity.
Mike Cherry FSB National Chairman
Mike Cherry, FSB National Chairman, said, “Since my election in March, an over-arching theme for my chairmanship is to focus on young people, apprenticeships and skills and this tie-in will help. Working together we can help bridge the gap between business and education, building on our established partnership.
“Our members are keen to use their experience and expertise to inspire the next generation of entrepreneurs and help prepare them for their future”
“Our members are keen to use their experience and expertise to inspire the next generation of entrepreneurs and help prepare them for their future. Raising young people’s awareness of business and boosting their employability skills is something that our small business members really want to see, and we look forward to successful collaboration in the future.” Young Enterprise has been supported by the FSB for many years. The FSB is particularly keen to boost entrepreneurial success for small businesses.
YOUR opportunity to shape financial education policy Young Enterprise is inviting experts with an interest in financial education to join its twice-yearly policy forum. The Financial Education Forum provides an excellent opportunity to receive the very latest updates on financial education policy, strategy and research. It also offers an opportunity to influence the future of financial education, as government representatives and other policy makers regularly attend. Current high profile members include the Department for Education and the Department for Business, Energy and Industrial Strategy, as well as representatives from banks, universities and youth charities. Previous speakers have included Suella Fernandes MP, speaking on the All Party
22 | inspire magazine, Autumn/Winter 2016
Parliamentary Group inquiry into financial education; The Children’s Society, exploring the impact of financial exclusion on care leavers; and The Money Advice Service, showcasing its impact toolkit. “People attend the Financial Education Forum to learn and to influence, but ultimately because we all have an interest in increasing the financial capability of young people,” said Russel Winnard, Head of Educator Facing Programmes & Services, who co-ordinates the forum at Young Enterprise. “We are always looking to strengthen the group, and hope new members will see the benefits and come on board.”
• The next Financial Education Forum will be held on 23 February 2017 at the British Museum, close to Kings Cross train station in London. • To attend, please email Judi MacLeod at Young Enterprise: judi.macleod@y-e.org.uk • For a full list of current members, visit: www.y-e.org.uk/ financialeducationforum
Our Supporters Some of the UK’s leading businesses, trusts and foundations, as well as some truly generous philanthropists, make a huge difference to Young Enterprise’s work and to the lives of young people. Our ever growing list of partners support us through: • Providing direct financial support • Volunteering as individuals, in teams, or joining our advisory or Trustee boards • Supporting Young Enterprise Programmes, or providing prizes and awards • Offering us in kind and pro bono support
www.young-enterprise.org.uk Autumn/Winter 2016, inspire magazine | 23
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To find out more about Young Enterprise nationally or in your region visit www.young-enterprise.org.uk
Follow us... Young Enterprise head office: Yeoman House, Sekforde Street, London, EC1R 0HF, Email: info@y-e.org.uk, Tel: 020 7549 1980 Produced and distributed by Young Enterprise. Charity No. 313697