Through the power of positive thinking and with support from their Mosaic mentors, 2015 Enterprise Challenge winners from Skinners’ Academy have raised more than £42,000 for charity with their competition winning innovative business idea, iRoundUp.
Just two years ago, the Skinners’ Academy team pitched their way to business glory at the Mosaic Enterprise Challenge Grand Finals with iRoundUp, a concept they developed during this national entrepreneurship competition. It is a creative yet simple system where parents volunteer to donate spare change to a chosen charity when completing payments on their child’s ParentPay school identity card.
With the support of Mosaic, Parent Pay and Hogan Lovells International LLP, since winning the competition iRoundUp has been rolled out across ParentPay’s entire UK platform, becoming available to approximately 2 million parents. The scheme has been an instant success, raising £42,000 donated to the nationally chosen Wallace & Gromit’s Children charity, who aim to improve the lives of children in hospitals throughout the UK.
The Enterprise Challenge, made possible through the support of the Apax Foundation and Qatar Charity UK, is an annual, national competition designed to increase young people’s understanding of business concepts and how they can apply them. Guided by expert mentors, the teams compete to receive a place in the National Final. These mentors come from a range of backgrounds, including from high-profile companies such as Marks and Spencer, HSBC, Jaguar Land Rover, PwC and EY. Their interactions with the teams helps build the students’ confidence, employability and self-efficacy.
iRoundUp team captain Daisie Spiteri praised Mosaic’s Enterprise Challenge for helping her become a successful young entrepreneur. She said: “We know that pupils throughout the UK are full of brilliant ideas but don’t always have the confidence to bring them to fruition. Mosaic’s Enterprise Challenge encourages them to believe that anything is possible.”
In 2018, Mosaic in its new home at The Prince’s Trust plans to extend the Enterprise Challenge to even more schools but to do so we need more volunteers to act as mentors to guide and inspire the young people taking part in the competition. Requiring approximately just 1 hour per week for 6 weeks, this is the perfect programme to participate in if you have a busy schedule but still want to make a difference.
Nizam Uddin, Senior Head of Mosaic and Community Integration at The Prince’s Trust, has seen first-hand the impact Mosaic’s mentors have had: “Many congratulations to Skinners’ Academy and Team iRoundUp for this incredible achievement. It was wonderful watching the team grow and mature as the competition progressed, they just got better and better! This was in no small part due to the regular support their received from their mentors, who were simply exceptional.
I am also particularly thankful to our friends at the Apax Foundation and Qatar Charity UK, without whose support this amazing achievement by Team iRoundUp would not have been possible. And a special thanks also to our colleagues at ParentPay and Hogan Lovells International LLP, who worked so hard with Team iRoundUp and Skinners’ Academy to make the idea into a functional and successful platform”.
It’s not too late to sign up to be a mentor for the 2017/2018 Enterprise Challenge programme, launching this January. Just visit our website for more information: https://www.mosaicnetwork.co.uk/mentor/