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News: Rotherham businesses urged to help schoolchildren Make £5 Blossom

Posted on: September 10th, 2008

Businesses in Rotherham are being urged to share £5 with local primary school pupils to teach them entrepreneurial skills.

Rotherham Ready’s Make £5 Blossom project is now in its fourth phase and is appealing to companies in the borough to forge links with schools and build on the successes of recent years where schools have recorded profits of up to £1000.

The project involves between ten and twelve local primary schools being partnered with local businesses who make a £150 ‘loan’ to students so they can start their own ventures in school and ‘Make £5 Blossom.’

Business partners work with the students to encourage them and develop their enterprise skills before receiving their loan repayment in full in December.

More than 3,500 pupils in Rotherham under the age of 11 have developed business skills as a result of the project to date.

Money making schemes have included a circus, a film night, themed enterprise fairs, and gardening projects. Some schools have spent their profits on developing enterprise in school and some have chosen to donate a proportion of their profits to charity.

The project is student-led with young people generating the ideas, planning and delivering their project before reviewing their performance to see what they would do differently.

Jackie Frost, Project Manager for Rotherham Ready, a four-year project funded by Yorkshire Forward, said:

“Business have enjoyed seeing the energy and enthusiasm of young people involved in the project and some of the amazing ideas they come up with.

“They have supported young people realise their potential and develop valuable enterprise skills for the future.”

Make £5 Blossom will be launched on 6 October at Rockingham Professional Development Centre, Roughwood Road, Rotherham.

To get involved please call Rotherham Ready’s School Liaison Officer, Bex Mollart on 01709 336780.