Pupils take on challenge for £1,000 prize

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Children have taken up the challenge to try and win a place in a boardroom.

The team from Shiremoor Primary School is taking part in Newcastle Building Society’s fourth annual Boardroom Charity Challenge.

we’re excited to see what our young competitors can come up with this time round

Natalie Falkous, head of corporate social responsibility at Newcastle Building Society

Nine and ten-year-olds have to develop business ideas that focus on benefitting their local community while also making a profit.

A shortlist of entries will go forward to the competition’s final stages in June, where they will give presentations to a panel of business figures in the Society’s boardroom, and a £1,000 prize is on offer to the overall winners to help them put their ideas into practice.

Natalie Falkous, head of corporate social responsibility at Newcastle Building Society, said: “The Boardroom Charity Challenge has become a firmly established part of the Society’s calendar, and we’re excited to see what our young competitors can come up with this time round.

“The creativity, ambition and impact of the ideas our teams develop is always hugely impressive.

“Developing the skills and knowledge you need to look after their own finances is something we believe don’t believe you can start learning about early enough.”

“And our Boardroom Charity Challenge gives us a wonderful opportunity every year to share our expertise in this area with hundreds of children across the north east.”