The Bishop Grosseteste University (BGU) Enterprise Club hosted the first ‘Tenner Challenge’ of the year during freshers week.
The challenge sought resourceful individuals to come together to generate enterprising ideas to turn a profit from a ‘tenner’ in under 36 hours. The event was a resounding success with the teams involved not only returning their tenner and making over £25 per team profit, but also donating £1 each to the Young Enterprise charity which empowers young people to harness their personal and business skills.
The event was organised and run by staff from BG Futures, BGU’s Careers, Employability and Enterprise service, who commended the enterprising talent showcased. One team decided to produce and raffle off a chocolate hamper which proved so successful that, within the first hour of the challenge, they had managed to sell enough tickets to break even. Other teams purchased cookies and sold these to their fellow students, friends and family generating an income of over £40.
The BG Futures team are hosting several enterprise initiatives throughout the year including The Lincoln Teenage Market, where performers and traders aged between 10 and 29 can showcase their creative talents for free, Global entrepreneurship week, which runs in November, and various other events hosted at BGU Enterprise Club.
For more information on all these events and how you can get involved contact the BG Futures team at email@example.com.