Young people aim to Make Five Pounds Blossom as Global Entrepreneurship Week 2019 starts

The popular Make £5 Blossom event starts Global Entrepreneurship Week 2019 in Hull. Photo: Tom Arran.

Young people from across Hull have gathered at The Guildhall to mark the start of Global Entrepreneurship Week 2019.

Global Entrepreneurship Week (GEW) is the world’s largest celebration of innovation and enterprise, active in 150 countries across the world. GEW aims to inspire people everywhere through local, national and global activities designed to help them explore their potential as self-starters and innovators.

The city’s council and business community are once again putting their weight behind Global Entrepreneurship Week in order to show how enterprising local young people are. This week, there will be a wide range of entrepreneurship events, including six major events organised by Hull City Council in partnership with Hull and East Riding Youth Enterprise Partnership, alongside events in schools and colleges, with almost 2000 young people from more than 50 schools taking part.

The week starts today with the popular Make £5 Pound Blossom event. 13 schools meet up with 13 businesses in order to start a three month programme in which teams of young people receive a loan of £150 from their business partner, and get the chance to make it grow through a range of money-making activities. At the end of the three months the profits made from the business loans will be split between the school and Joy for Joel, this year’s charity – Joel has Duchenne Muscular Dystrophy. The Schools taking part in this activity are Stockwell Primary, St Mary’s College, Gillshill Primary, Craven Primary, Pearson Primary, Thoresby Primary, Paisley Primary, Ainthorpe Primary, Priory Primary, Dorchester Primary, Bellfield Primary, Eastfield Primary and Griffin Primary.

Councillor Daren Hale, Deputy Leader of Hull City Council, said: “Global Entrepreneurship Week is all about how small ideas can take root and become viable business plans, with the potential to grow into sustainable companies. Hull City Council hopes to set an aspirational agenda for today’s young people in the city to set up their own businesses, start social enterprises and cooperatives, improve their communities and/or become enterprising students or employees.

“The council and its partners are delighted yet again to be part of Global Entrepreneurship Week under the theme of supporting young people and establishing effective partnerships and are very pleased to be supporting its enterprising young people on a daily basis through a number of schemes including £5 Blossom and the MC4C programme for young people.”

Website: GEW Hull

[Jerome Whittingham – editor HULL IS THIS]