The Fiver Challenge...
- develops key skills such as team work, problem solving and creativity
- encourages pupils to develop character skills to prepare them to live independent and rewarding lives
- introduces pupils to managing money and budgeting
- helps to instil resilience from a young age by challenging pupils to work outside their normal parameters
- helps pupils explore career options and establish positive behaviours with money
- includes a national competition which everyone can enter – prizes include a trip to London for the awards ceremony
But don’t just take our word for it! We evaluate everything we do to make sure that our programmes help young people develop their skills and that we are providing you with the right support to make the Challenge a success. You can find the evaluation report for the Fiver Challenge 2016 and our Young Enterprise programmes on our research webpage.
Data collected for Fiver 2016 showed that:
100% of teachers agreed that Fiver provided an opportunity to raise Self-Employment awareness, 98% for Money Management Learning, followed by 96% for raising World of Work awareness and 83% for Community Engagement
95% of teachers agree that students developed at least one employability competency
95% of teachers believe that all young people in the teams they supported developed at least one of the key skills tested, with Money Management, Teamwork and Communication reported as being the most developed.
94% of teachers plan to continue the enterprise journey with their teams
49,999 students participated across 763 schools
2,856 teams registered
Teams made an average profit of £124