Introducing Make £5 Grow
A fun, engaging project for primary school pupils designed to help kids draw out their enterprising skills, along with equipping them with important financial knowledge.
Learning outcomes
Pupils will learn about:
- Spending, saving, and how you can feel ‘happier about money’
They'll be able to:
- Identify why money is needed and ways it can be earned
- Explain why we need to manage our money
- Understand that people can have different feelings about money
- Play the pocket money game to learn about spending and saving
Teaching resources
What is enterprise?
Pupils learn what enterprise means, what an entrepreneur is and the importance of building and developing individual skills.
Learning outcomes
Pupils will learn about:
- The importance of enterprise and how anyone can become an entrepreneur
They'll be able to:
- Understand what enterprise means and what an entrepreneur is
- Understand the aims of this exciting enterprise project
- Explore the importance of building individual skills
- Use their strongest skills to collaborate with others and start a new enterprise
Teaching resources
Teamwork
Pupils learn the importance of teamwork and what they can each bring to the group.
Learning outcomes
Pupils will learn about:
- The importance of working as part of a team
They'll be able to:
- Understand that teams work together to achieve a shared goal
- Explore the skills that are necessary to build an effective team
- Decide who does what in their team
Teaching resources
Developing ideas
Pupils generate and share their ideas and begin to understand the importance of creativity in business.
Learning outcomes
Pupils will learn about:
- How to come up with an enterprising idea
They'll be able to:
- Understand the importance of creativity in business and market research
- Come up with enterprising business ideas
- Share ideas while listening to others
Teaching resources
Design and marketing
Pupils learn about market research and the importance of costs and financial management in business.
Learning outcomes
Pupils will learn about:
- The importance of marketing and how to do it for their product or service
They'll be able to:
- Use market research to make their idea even better
- Understand the importance of developing a brand or identity for their business
- Design a brand logo and packaging for their product or service
- Plan how they’ll market their product or service
Teaching resources
Budgeting for success
Pupils learn the importance of manufacturing and delivery within a budget, and telling consumers about their product or service to encourage them to become customers.
Learning outcomes
Pupils will learn about:
- How to create a budget and present their ideas to their peers
They'll be able to:
- Understand the importance of costs and managing money in a business, and of keeping financial records
- Plan what they’ll need to spend to start their business
- Predict how much money they’ll make
Teaching resources
Celebrate and evaluate
Once the programme has finished it's important to give your pupils the opportunity to reflect on everything they have learned about enterprise and celebrate the achievements of the group.
Learning outcomes
Pupils will learn about:
- How to celebrate and evaluate their experience with Make £5 Grow
They'll be able to:
- Identify which skills they used and how they feel about money
- Understand what tax is used to pay for and how to make money decisions
- Explain how they can use their profits to help others
