70,000 Young Entrepreneurs Enter Competition
Research released today by Enterprise UK highlights the importance of green business credentials for young people, with 50% of those surveyed saying that a company or brand’s green credentials has the greatest impact on their purchasing decisions.
This survey was carried out to launch this year’s Make Your Mark Challenge, which kick-starts Global Entrepreneurship Week. Over 70,000 young people are taking part in the Make Your Mark Challenge, the UK’s largest one day enterprise competition, which this year has been designed to reflect low carbon considerations. It was launched on Monday by Dragon’s Den entrepreneur Peter Jones.
It is one of a number of activities with a low carbon theme taking place this week. Other initiatives include the launch of the Clean and Cool Mission (17 November), a competition to identify the top 20 fastest-growing companies in the UK that are working in the clean technology arena and the final of the Clean Tech Open, the world’s largest clean technology business competition taking place in San Francisco today.
Forty per cent of those surveyed believe that it is their individual actions that will have the greatest impact on tackling climate change. Additionally 20% of young people questioned said their driving force for setting up a business would be to make a positive impact on the environment. Therefore, all entrants in the competition will have to demonstrate how they’ve considered the environmental impact of their proposed business idea.
Fronted by Countdown presenter, Rachel Riley the Challenge aims to improve young people’s enterprise capabilities as students develop new and innovative business ideas in response to a brief revealed at midnight November 15; “Let local inspiration lead you to a ‘cool’ creation”.
Students will be asked to come up with profitable original business idea inspired by something local that minimizes its impact on the environment.
Rachel Riley said: “The Make Your Mark Challenge is a fantastic way to get young people interested and excited in business and becoming entrepreneurs. It is vital to inspire and develop the skill set of these future entrepreneurs as they will help to drive our economy in years to come. This year we are also making all entrants consider the environmental impact of their entries and thereby ensuring they are prepared for another of the challenges that will become ever more important to business.”
Challenge supporter Dale Vince OBE, Managing Director of Ecotricity said: “To all young people taking the Make Your Mark Challenge, my advice is: don’t concern yourselves with how things are ’supposed to be done’, write your own rules. Every business has an impact, make yours a positive one! Identify something worth doing, where you can make a difference and use business as a tool to get something done. The Make Your Mark Challenge can really help you with the skills and ideas to get started.”
Student teams will compete at a local and regional level before a national final on December 10, while global leaders will be locked in negotiations in Copenhagen at the UN Climate Change Conference.
The competition is designed for students aged 14-19 and is part of the Make Your Mark campaign to increase entrepreneurial behaviour among young people. Make Your Mark is run by Enterprise UK which gives people the skills, confidence and ambition to be enterprising.
Enterprise UK spokesperson, and Make Your Mark Challenge Manager Tori James commented; “This year’s Make Your Mark Challenge will inspire bold enterprising and inquisitive minds. The low carbon theme reflects what young people care about. We’re excited to see the entrepreneurial ideas that it unleashes.”

Young Entrepreneurs who attended the Kauffman Global Scholars Programme gathered for lunch at Kings Cross St Pancras’ Grand Restaurant, following the launch of Global Entrepreneurship Week in London held at the British Library yesterday. Guest speaker was Dragon’s Den entrepreneur Peter Jones, who discussed his Enterprise Academy with the young business men and women, alongside Carl Schramm CEO of the Kauffman Foundation. This was an opportunity for the young entrepreneurs to establish contacts, discuss their projects and seek advice from two visionaries.







Kinderen en deskundigen beoordelen finalisten van ideeënwedstrijd



Global Entrepreneurship Week UK got underway this morning with a series of keynote speakers at the British Library in London, followed by a panel discussion.












