Make £5 Grow is a completely free programme aimed at children aged 9-11, although younger and older pupils can take part too, at the school's discretion.
Virgin Money provides lesson plans, tools, resources and a loan of £5 per pupil to help them learn about enterprise by starting a small business and making their money grow.
Pupils are split into groups and pool their money to design and develop a product or a service. At the end of the programme, the school arranges for pupils to sell their product or services at an event such as a Christmas Fair, Summer Fete, Parents' Evening or Sports day.
The resources we provide enable teachers to undertake a series of simple modules which explain:
We even provide pre-printed certificates to hand out at the end, plus leaflets for parents and children, explaining what the programme is all about.
The pupils also get a free pack containing a wristband and badge.
It's very flexible and can be run over just a couple of weeks or months, in or around existing lessons.
School receives £5 per pupil, a box containing resources and a link to our guide
Teachers work through the modules with pupils (split into groups), enabling them to develop and plan their business venture
Each group gets to present their idea.
A panel offers tips and guidance
Pupils pool their £5s to buy materials and prepare their product or service before selling them at an event
At the end of the programme each team works out the profit made and the school pays back the original loan to Virgin Money
The school gets to keep all the profit made and decides how to celebrate and spend it. Don't forget to hand out the certificates supplied!