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TWO WEEKS TO GO FOR YOUNG PEOPLE TO DECIDE HOW TO SPEND £100,000 AND MAKE A REAL DIFFERENCE
Time is running out for young people to win a share of £100k of real money available by taking part in The Stake, a competition launched by Channel 4 Education and high street bank Barclays, to inspire young people to use their business and enterprising skills.
Young people have just two weeks left to register their idea on how they would spend a slice of the money, be it a start-up business, a new school skate ramp, one-off event or anything in between that will make a difference to their local community, by entering the online competition before 11:59pm on 23 December 2011 at www.thestake.co.uk.
To increase their chances of winning, entrants will need to carry out a series of online challenges including winning public support and setting out financial plans, which show their idea can be a success.
There are two ways that young people can take part: they can submit an idea themselves or by registering as a stakeholder, they can have their say in whose idea wins. Stakeholders can increase their voting power by completing fun money challenges, which are based on the Barclays Money Skills programme www.barclaysmoneyskills.com and designed to build their financial knowledge and skills.
Expert advice will be given throughout the competition from mentors including Barclays CEO of Retail and Business Banking Antony Jenkins, the UK’s digital champion Martha Lane Fox, The Apprentice winner Tim Campbell, SB.TV founder Jamal Edwards and MP Esther McVey. The top 20 ideas with the most stakes by 11:59pm on the 23 December will be shortlisted and judged by a panel from Channel 4 Education and Barclays.
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