It is that time of year again where we a looking to recruit mentors for our £10 challenge and our new IoD student mentor hotline!
This academic year we had planned to run two versions of the £10 challenge. The first being the Autumn challenge which would have been the same as previous years, but unfortunately had to be cancelled due to Covid-19. We will though be running the second challenge in Spring 2020, which is the £10 challenge plus. This challenge has the same principles of the standard challenge, except that students are taking part as an optional module on their course, therefore the challenge will be over a longer period of time, and they will be able to bid for more money (up to £50). So, their ideas will need to be more entrepreneurial and sustainable than the ideas we usually see in the £10 challenge.
As I’m sure you are aware it will vary from group to group how much or little, they might need your support. From experience the groups usually meet their mentor initially on launch night, maybe once in-between and then at the celebration event, between that they keep in touch over WhatsApp or email. It is for you to say how much time you can devote to this.
The student hotline is something new that we are trying with student members at various UK Universities, where our members are encouraged to help students from time to time with queries they might have. This will be a good way to support young people and an amazing thing to participate in. It will be an opportunity to contribute practical real-world help and assist students to understand more about business and the role of directors. We’re sure that it will also enable them to be more prepared for the world of work.
Please do watch the recording of an online session discussing the £10+ Challenge HERE
If you are interested in supporting this year or know of someone who would be please email email@example.com and let me know what you would prefer to assist with. We will be sharing more information in the form of a mentor’s handbook, but if in the meantime you had any questions then please feel free to get in touch!