What is the Mosaic Enterprise Challenge?
The Mosaic Enterprise Challenge, generously supported by the Apax Foundation and Nectar Trust, is an annual national competition for secondary school students across the UK, designed to develop and encourage their entrepreneurial skills.
Teams of students work with a mentor from the business community to learn about becoming future business leaders, play a simulation game, and come up with fantastic business ideas.
Danish Javed, 15, a previous winning participant from New Malden 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 Mosaic Enterprise Challenge 2015/16
The Mosaic Enterprise Challenge 2015/16 will be launched during Global Entrepreneurship Week, 16-22 November 2015.
The 2014/15 competition was won by Team iRoundUp from Skinners’ Academy in London, who pitched their way to business glory at the offices of Hogan Lovells LLP in London, with the event hosted by TV presenter and broadcaster Natasha Kaplinsky.
In front of a capacity crowd, the students pitched their ideas to a judging panel including Claude Littner, visiting professor at the University of West London, Claude Littner Business School and candidate interviewer on BBC’s ‘The Apprentice’, Mohammed Amersi founder and CEO of Emergent Telecom Ventures and Perween Warsi CBE founder and CEO of S&A Foods.
The rest of the esteemed judging panel included David Hudd, partner and Deputy CEO of Hogan Lovells; Andy Bagnall, Director of Campaigns, CBI; Meekal Hasmi, General Counsel EMEA and LatAM, Neuberger Berman; Heather Baker, President of Entrepreneurs’ Organisation UK Chapter; Melody Hossaini, Founder and CEO of InspirEngage International; and Dr Peter Englander, Chief Executive of the Apax Foundation.
Over 4000 secondary school pupils from over 100 schools across the country participated in the competition before the final five were shortlisted to compete in the Grand Finals. Over 400 volunteer business mentors from organisations such as 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 with the Prime Minister’s wife at 10 Downing Street, a trip to ITV News to meet a famous newsreader and the winners of Enterprise Challenge 2012/2013 were treated to a unique tour of Clarence House and a tour of HM Treasury, where they met Chief Secretary of the Treasury Danny Alexander!
The Runners Up receive £2,000 prize money for their school, and third placed receive £1,000 prize money for their school. All finalists receive goodie bags and all students receive certificates.
The winning team is also be supported by Mosaic to develop and launch their business idea, with prize money of £500, with the winning school receiving an additional £2000.
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, the Nectar Trust (an initiative of Qatar Charity UK) has provided match funding support, enabling Mosaic to extend the reach and scope of the Enterprise Challenge.
We are very grateful for the support of the Heathrow Community Fund, providing additional support to enable the programme to be delivered in the boroughs of Slough, Spelthorne, Ealing, Hillingdon and Hounslow.
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, Spark London and EBSIUK Ltd, our delivery partners in our London and South East regions