The Mosaic Enterprise Challenge 2017 has now launched
The Mosaic Enterprise Challenge is an annual, national competition during
which secondary school students aged 11-16 learn about establishing and running a business through a business simulation game.
The competition is unique in that students benefit from being mentored by experienced business professionals who pass on their knowledge and skills about various aspects of business.
The 2016 competition was won by ‘Team S-Mart’ from Eden Girls School in Waltham Forest, London, who pitched their way to business glory at the offices of Hogan Lovells LLP in London.
The event featured keynote speeches by entrepreneur and former star of the BBC’s Dragons’ Den, James Caan CBE, and Solomon Ian-Sangala, who at the age of 18 has been voted as one of City AM’s 100 most influential entrepreneurs in the UK. The final was compered by Charlene White from ITN.
Over 4,000 pupils from over 100 secondary schools across the country participated in the competition before the final five were shortlisted to compete in the Grand Final. Over 400 volunteer business mentors from organisations including Marks & Spencer, HSBC, Jaguar Land Rover, PwC and Ernst & Young were allocated to the teams.
In the history of the competition, winning teams have enjoyed private trips on the London Eye, tea at Harrods, tea with the Prime Minister’s wife at 10 Downing Street, a trip to ITV News to meet Natasha Kaplinksy, a unique tour of Clarence House and a tour of HM Treasury.
The Runners Up receive £2,000 in prize money for their school, while the third placed team are awarded £1,000. All finalists receive goodie bags and all students receive certificates.
The winning team will also be supported by Mosaic to develop and launch their business idea, with prize money of £500 and the winning school receiving an additional £2,000.
Danish Javed, 15, a previous winning participant from Yorkshire said:
“Taking part in the challenge was great fun and has increased my confidence by leaps and bounds and I am now able to express myself a lot better. The competition has definitely made me more interested in business. I want to be an engineer and plan to work for a company for a while and then one day set up my own business.”
The founding headline partner of the Enterprise Challenge competition is the Apax Foundation, the charitable arm of Apax Partners. Funding the competition since its inception in 2008/09, their continued support has been a significant factor in the competition’s growth and popularity today.
Since 2014, Qatar Charity UK has provided match funding support, enabling Mosaic to extend the reach and scope of the Enterprise Challenge.
We are grateful for a range of support from organisations supporting the core Mosaic team, particularly:
- TOTEM Learning, the provider of the business simulation game. Totem are a provider of learning solutions, including “serious games” for organisational learning and development.
- Business in the Community, particularly the Business Class team which provides a strategic framework that enables businesses to form meaningful, sustainable relationships with schools
- Hogan Lovells LLP, a global legal practice which, as a long-time supporter of Mosaic, has hosted the National Grand Finals each year, as well as providing judges to the judging panel
- Learning to Work, our delivery partners in our South East region