Pupils on how to turn tenner into profit ...

S3 pupils Berenika Murray, Sheryl Hogg and Carla Watson are taking part.
S3 pupils Berenika Murray, Sheryl Hogg and Carla Watson are taking part.

A group of Glenwood pupils kicked off the Young Enterprise Tenner Relay with a ‘doughnut day’ this week.

The students organised the event at the town high school on Monday for their enterprise activity, raising funds that are to be donated to the Scottish Kidney Federation, a charity close to the school’s heart.

The relay competition sees two £10 notes travel to different areas across the UK - one in the north and one in the south - challenging school pupils along the way to turn them into as much profit as possible by doing something creative and enterprising in just 24 hours, before passing the note on to the next school.

The S3 pupils launched the northern relay by selling the glazed goodies, bought in bulk, to staff and pupils at the school at a higher profit margin to raise money for the charity, which was chosen as one of the students’ fathers is awaiting a kidney transplant. The group’s £10 pledge was used to buy the doughnuts with the profit being reinvested during the day to ensure maximum fundraising.

The group worked hard to ensure the day was a success, covering all aspect of business including researching and costing the produce from suppliers, taking orders and marketing.

Berenika Murray, (14), said: “We’ve been planning our doughnut day for a while now and I’m really looking forward to seeing all our hard work and enterprise skills pay off and of course raise some money for the Scottish Kidney Federation.”

Anne Stewart, business education teacher, said: “We are very excited about being part of the Tenner Relay as we consistently encourage our students to be as resourceful and entrepreneurial as possible and this is the ideal platform for them to do so.”

Young Enterprise Challenge fun

The Tenner Challenge is run by Young Enterprise and supported by BGF (Business Growth Fund).

Michael Mercieca, Young Enterprise chief executive, said: “The relay is aimed to unite like-minded students from different regions to participate on one team towards a charitable cause, but most importantly to have fun while doing it.

“Last year the relay saw 10 schools raise a staggering £4578.42 from a single tenner - we can’t wait to see what inspiring ideas the students come up with this year!”