Young entrepreneurs from Lancaster Royal Grammar School have raised almost £2,000 in a National Enterprise competition.
The grammar school is one of 10 groups of young people in the north west that were involved in a National Enterprise Relay, which raised a total of £1,962.60 on January 16.
The Tenner Relay is the UK’s largest youth enterprise competition where school students make as much profit from a 10 pound note within 24 hours.
The aim of the enterprise day was to generate a larger profit with other groups in the north to compete with the south of the UK, with Birmingham being the dividing line.
The Lancaster students decided to host a ‘January Blues Bonanza’ aiming to cheer up people in the most depressing month of the year.
The boys spent their £10 on supplies and advertisment for activities like a penalty shoot out, a tuck shop and a non-uniform day, as well as a fancy dress competition and a disco with Lancaster Girls’ Grammar School.
All the money made from the activities is now being reinvested back into resources for the day with the remaining profit going towards local charities.
Sara Coldwell, LRGS business & economics teacher, said: “We are immensely proud of what the boys achieved during the Tenner Relay. Their dedication, organisation and enthusiasm delivered a fantastic day for all, not to mention a huge contribution to the school’s Lenten Charities.”
In last year’s competition the Tenner Relay saw 10 schools raise £4,578.42 and students at Lancaster Royal Grammar School are keeping their fingers crossed for a win on February 3, when an announcement will be made of the winning school and region.