The Foundations Of:
PSHE – The Fiver Enterprise Challenge is a fun, national programme run by Young Enterprise that introduces children aged 5–11 to basic business and money skills. During the challenge, children are given a small £5 pledge to help them create and run a simple mini-business, such as making crafts, offering a service, or selling handmade items.
For Reception children, the focus is on developing confidence, creativity, teamwork, communication and early problem-solving skills through practical, hands-on activities. The challenge helps children understand simple ideas about money, sharing ideas, making choices and working together in an exciting and age-appropriate way.
Children will work with adult support to:
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Think of a simple business idea
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Create products or plan a service
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Learn about spending and earning money
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Work together as a team
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Build confidence speaking to others
The project is designed to be enjoyable and educational, helping children develop important life skills while having fun. Children will decide as a team how to use any profits made.
Parents can find out more at Young Enterprise Fiver Challenge.