Can you mentor students aged 11-16 years old to increase their confidence, raise their aspirations and inspire them? Approximate commitment is 1 hour per week, for 6 weeks (not including travel time and advance preparation).
The Prince’s Trust Enterprise Challenge is a fully-funded competition designed to increase young people’s understanding of business concepts and how they can apply them. Interaction with mentors helps build the students’ confidence, employability and self-efficacy.
The 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 five best performing teams in each region compete to receive a coveted place in the prestigious National Final, pitching their developed business concepts to an expert panel of judges.
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.
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.
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.
Enterprise Challenge 2018-19
The Prince’s Trust Enterprise Challenge launched on the 7th January 2019! Keep up to date by following us on social media.
Enterprise Challenge 2017-18
Enterprise Challenge Grand Finals 2018
The winning teams from each region all competed at the Mosaic Grand Finals, held on the 8th May at the offices of Hogan Lovells LLP in London. This was a fantastic day in which the finalist teams presented their pitches to a panel of expert judges. The final was compered by TV presenter and broadcaster Nomia Iqbal, who as part of the event hosted a fascinating Q&A session with special guest Jamal Edwards MBE – entrepreneur founder of SB.TV and a Prince’s Trust ambassador.
At the end of the day Team Ed-Wise from Eden Girls Waltham Forest, London were chosen as winners. Their business idea was to disrupt the current substitute teacher market by creating a new online market-place for schools to find quality supply teachers directly, disregarding the use of agencies and the high rates of commission associated with them.
Enterprise Challenge Regional Finals 2017-18
The 2017-18 Enterprise Challenge was better than ever, with over 70 schools across the country taking part. The top 5 performing teams in each region competed at the Regional Finals, which took place at the end of March.
The 2018 winning teams from each region are:
- Mosaic South East Regional Winners – Lynch Hill Enterprise Academy
- Mosaic Scotland Regional Winners – Shawlands Academy
- Mosaic London Regional Winners – Eden Girls, Waltham Forest
- Mosaic North West Regional Winners – Ladybridge High School
- Mosaic Yorkshire Regional Winners – Dixons Kings Academy
- Mosaic West Midlands Regional Winners – Grace Academy, Coventry
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
Become a Mosaic mentor
The Enterprise Challenge 2019 has begun. But it’s not too early to express your interest in mentoring on the Enterprise Challenge 2019/20. Sign up today!