The 10X Challenge
- Contributes to a school´s stable, structured careers programme by helping students to gain confidence and prepare for the world of work
- Provides evidence of the Gatsby Benchmarks of good career guidance
- Offers an opportunity to register meaningful employee encounters and to learn about what work is like and what it takes to be successful in the workplace
- Supports Ofsted success by contributing to judgements on the effectiveness of leadership, management, personal development and welfare by preparing students for the next stage of their education, training or employment. Contributes towards a broad and balanced curriculum
- Provides an opportunity to raise aspirations and develop entrepreneurial qualities supporting students to make successful transitions to the next stage of their life
- Links curriculum learning to the future including contextual learning opportunities within Financial Mathematics and English. It supports Personal, Social, Health and Economic (PSHE) education
Our Impact in 2020
Learning Outcomes from 10X
10X supports the Gatsby Benchmarks of Good Career Guidance
- 21,719 young people participated in the Tenner Challenge in 2020 from 391 centres.
- 100% of educators said the Tenner Challenge contributed to their career and enterprise programme for the coming academic year.
- 92% of educators said the Tenner Challenge supported their young people’s learning from academic subjects such as English and Maths.
- 85% of educators strongly agreed or agreed that taking part in the Tenner Challenge improved financial capabilities
- 71% of young people showed an increase in at least one of the following attributes:
- Creative problem solving
- Financial Capability
- Attitude to learning
- Commercial awareness
10X develops young people’s financial capability
10X Challenge supports schools to evidence provision of Good Career Guidance against the Gatsby Benchmarks. All Young Enterprise programmes encourage the development of an enterprise mindset and approach needed in both education and employment for all young people to reach their potential.
By taking part in the 10X Challenge you have the chance to request a meaningful encounter with employers or employees and help young people to build a broader understanding of the workplace. This experience can motivate your students to find out more about the skills required to make successful transitions to the next stage of their life.
10X Challenge supports schools to develop the financial capability of young people by helping them understand the important role money plays in business and our everyday lives. Participation in the 10X Challenge teaches young people to manage money well and make wise financial choices for their business, while at the same time equipping them the knowledge, skills and confidence to responsibly manage their own money now and in the future.
10X Challenge supports a range of financial education learning outcomes from the Financial Education Planning Framework, including:
- Making financial decisions: Students understand that their concept of value for money may be affected by their personal preferences and attitudes to factors such as buying local, fair trade and ethical trading.
- Planning and budgeting: Students can plan and budget for their current and future saving and spending, and show they can take a pro-active approach to managing their money by tracking their finances and adapting plans if circumstances change.
- Personal and economic links with the wider world: Students understand some of the social, moral, ethical and environmental implications of their financial decisions and those made by government, charities and businesses.
You can find more information about how to use the planning frameworks to support financial education delivery in your school here.