Business Support Service – BiG Challenge 7
Support to existing businesses in the City and early stage start ups to secure growth both in turnover and employment ; Work within our local and district centres with neighbourhood groups and with communities of interest to ensure that all individuals across the City have the support they need to succeed in business.
Sheffield City CouncilBiG Challenge 7 show categoriesNone
BiG Challenge is part of the Enterprise Education Strand of the Enterprise Programme to support the development of entrepreneurial young people in schools, colleges and universities.
At its inception in September 2007 the Sheffield Enterprise Programme (previously BiG Make it Your Business) using Local Enterprise Growth Initiative Funds (LEGI) targeted the most disadvantaged areas of the City and the schools in those areas to help raise entrepreneurial aspirations.
In January 2009, the Enterprise Programme was successful in bidding for £4.6 million of European Regional Development Funding (ERDF) to enhance the existing programme of activity allowing the programme to operate on a city wide basis.
Since 2009 the programme has evolved and the Council has re-shaped the delivery of the Enterprise programme, with the new delivery model taking effect from April 2011:
The refreshed objectives:
- Support to existing businesses in the City and early stage start ups to secure growth both in turnover and employment ;
- Work within our local and district centres with neighbourhood groups and with communities of interest to ensure that all individuals across the City have the support they need to succeed in business;
- Support the development of more entrepreneurial young people in schools, in Colleges and at our Universities.
Sheffield City Council wishes to appoint a supplier to deliver BiG Challenge 7 between August 2013 and July 2014.
BiG Challenge has three objectives for young people, their schools and colleges in Sheffield:
· Experience – provides a positive experience of entrepreneurship and operational business challenges.
· Opportunity – to encourage the participants to value and consider entrepreneurial career opportunities, including self-employment.
· Embedding – to catalyse the development of enterprise as an integral part of education in schools, colleges and apprenticeships.
Teams aged 11-19, and studying up to Level 3 courses from across Sheffield’s secondary schools and colleges (minimum of 19, maximum of 25 institutions) have the opportunity to win, with personal rewards for every winning entrant plus ‘the BiG Prize’ for the overall winning team – a fully paid 5 star overseas trip.
Each team (between 1 and 8 students) will form and operate a business. Each business will be given a £25 cash investment, as a starter towards their business objective of increasing that amount by making as much profit as possible, within the BiG Challenge timeframe, employing teamwork, innovation and entrepreneurship using any legal means. Having repaid the £25 investment plus a further £5 in interest on the investment, the profits made by the teams may in any combination be retained in the business, retained by the teams or donated to their chosen charity.
Each team requires a member of staff to support its entry and its activities, who will be assisted by the programmes School Enterprise Champions and by agreed local business volunteers.
The winning criteria, which will be judged in the final Business Report submitted by each team will include:
- Profit made
- The ideas and methods used
- Use of external networks and resources
- Marketing and communication
- Potential beyond the timeframe of the BiG Challenge
- And not least…..the fun enjoyed and enthusiasm communicated by the team
Each team’s project and its work can be recorded on the BiG Challenge website, where each team will have its own space.
Tenderers should specify in their response how they will facilitate manage and deliver the project on behalf of the city. The successful tenderer will need to run and deliver BiG Challenge 7.
Contact:Mr Ged HigginsEmail Address:firstname.lastname@example.orgTelephone:0114 22 96187Address:Sheffield City Council
Pinstone St Sheffield
- 24/06/2013 13:00
- 05/07/2013 17:00
- 11 (months)
- 0 (months)