School Enterprise Challenge
Initiated in 2011 and run by London based Teach a Man to Fish, The School Enterprise Challenge is a global competition that guides and supports teachers and students to set up real school businesses. Students develop essential skills in business and entrepreneurship in a practical, fun and innovative way. The competition helps schools generate extra income for their school, or a social cause of their choice.
The School Enterprise Challenge is unique in that it supports schools to set up real businesses that:
1. Generate profits to help support their educational activities.
2. Emphasises the importance of practical learning through experience.
3. Are sustainable, and will grow and develop each year.
Open to all ages and any formal education facility, the competition runs in three stages, Business idea phase – coming up with a business idea , Business plan phase – developing a business plan for a school-based enterprise and Implementation phase - putting the business plan into action.
Underwritten by TSF, the School Enterprise Challenge has reached 1278 schools spanning 93 countries around the world.
SEC in South Africa
Entrepreneurship is high on the South African Department of Education’s agenda thus a growing partnership between TSF and the KZN DoE has resulted in the challenge being included in 3 districts with the view to expand nationally. TSF are active in running teacher training workshops with business studies teachers throughout the Kwa-Zulu Natal province in-order to stimulate business development within the schools.
Ithala Development Bank, the
DoE and the
Kwa Zulu Natal Financial Literacy
Association. Other partners from around the globe
Royal Commonwealth Society,
British Council India.
Click here for more details.