The Stake is a competition we’re doing with Channel 4 Education and Barclays, which gives young people the opportunity to pitch ideas for the chance to win a share of £100,000 and turn them into a reality…
The Stake meets the challenge of engaging young people on personal finance head on in an interactive, learn by doing, peer-to-peer led format. Throughout the competition thousands of young people will be pitching their ideas and completing various challenges along the way that help them get to grips with managing their money.
The top 20 ideas, as voted by the stakeholders on the site, will be reviewed by a panel of Channel 4 and Barclays judges and up to 6 winners will be awarded up to £20,000 prize funding for their ideas. The winners will be supported by Livity and Barclays mentors throughout the implementation of their projects.
The Stake is a non-traditional way of teaching finance or enterprise. It’s not about homework or complicated jargon. It’s about learning by doing, the process of peer-to-peer collaboration, sharing and supporting fresh ideas whilst helping to improve young people’s financial capability in the process.
Throughout all the work we do, we hold on to the belief that if you trust young people, they become trustworthy. If you give them responsibility, they become responsible. Our longest running project, Live Magazine, is a prime example of this, and so too is The Stake…
Watch The Stake TV advert here