I am delighted to formally announce that Score Scotland will be our official partner for this year's Scottish Youth Money Camp, taking place at the University of Edinburgh Business School from September 27th to 29th.
This is how the Edinburgh Evening News covered our announcement HERE.
SCORE Scotland is a dedicated charity that champions social justice and equal opportunity, with a strong emphasis on accessibility and inclusivity. They focus on supporting and empowering individuals facing discrimination, working in partnership with other organisations like MoneyMatix to combat the root causes and effects of racism. Their mission is to promote racial equality and foster community unity, aiming to build a cohesive and harmonious society where everyone can thrive.
12 places for children from underprivileged backgrounds
As part of their partnership with us this year, Score Scotland will officially sponsor 12 children from underprivileged backgrounds, who are often excluded from comprehensive financial education. This initiative will provide these children with a uniquely transformative experience, teaching them valuable life lessons and helping them be financially included and grow in confidence and resilience. This aligns with Money Matrix’s commitment to diversity and inclusion – our goal is to allocate 25% of our programs to underrepresented groups.
The Scottish Youth Money Camp aims to bridge the gap by providing a unique and engaging educational experience for children aged 12-18, equipping them with the knowledge and skills to make informed financial decisions and develop an entrepreneurial mindset. The key component of our camps is to teach children about money through well-designed, hands-on exercises and simulations where they develop financially sound business solutions to real-world problems - building practical money management skills and fostering an entrepreneurial mindset.
Participants will learn from top business leaders and mentors as they work with like-minded peers to develop solutions, create business plans, and build robust financial projections for their ideas. They will present their proposed solutions to an esteemed panel of judges, family, friends, the wider community, and stakeholders at a Dragon's Den-style pitch party where their achievements will be celebrated, and their efforts rewarded.
Reserve your child's place now – places are limited
I am also thrilled to announce that our booking line is now open for the 3-day event! For less than £50 a day (that includes us feeding, insuring, and mentoring your children), we will take care of them and teach essential life lessons. This will be the best investment you will ever make to give your child a unique chance in life! Reserve your child’s place now, as spaces are limited to just 75 children. BOOK HERE.
Harry Economou, CashBack Youth Project Coordinator from Score Scotland from Score Scotland remarked on the collaboration, saying, "Our mission is to dismantle obstacles hindering the full engagement of minority ethnic communities in every facet of life. We strive to enhance social and financial inclusion, mitigate racial disparities, advocate for climate action, and foster active involvement in social, political, cultural, and economic spheres. It is equally important to us that our clients and volunteers feel appreciated and integrated into society. Therefore, we are thrilled to partner with MoneyMatix for this vital Youth Money Camp, providing 12 underprivileged children with a genuine opportunity to succeed in life."
Parents, go ahead and register your children for these camps NOW – to avoid disappointment.
I can't emphasise enough that money management is one of the critical aspects that affect the quality of adult life; with the ever-changing face of money and jobs, the more practical education we can give people from a young age, the better prepared they will be.
These Youth Money Camps will foster lifelong financial habits, as research has shown. It's better to start young, yet only a fraction of young people say they had any financial education at school, and even if they did, it was rarely explained or made relevant. Everyone needs more financial and business education, so the more you can give your child, the better.
So, what will the 3-day programme look like - Youth Money Camp (the final programme will be completed and published in August)
But to give you an idea of the programme: -
FRIDAY 27th September
Start: 2 PM – Finish 7 PM
Registration
Welcome, introductions
Team-building – Icebreaker
Session on the basics and principles of money
Money Munch & Music: Fireside Chat in the Auditorium - an engaging and interactive event about money, presented in a fun and informal conversational style. "Money Munch & Music" will cover essential aspects of personal finance, safety, and the broader financial landscape enjoyably and memorably. This session encourages open discussions about finances, aiming to provide valuable information, education, and preventive measures to promote both financial and mental well-being. Enjoy snacks and music while you learn!
Teams Breakout/Meet Your Mentor - participants will be divided into eight groups, each guided by two mentors. Children will be assigned to these groups to ensure a diverse and balanced mix.
Feedback & wrap-up
SATURDAY 28th SEPTEMBER
START 8 AM - FINISH 8 PM
Breakfast (in teams with mentors)
Introduction to the ‘Business Challenge’
Teams Breakout Session - Eight groups will discuss their business ideas, addressing the themes and issues to develop a unique business solution.
Money Workshop in the Auditorium - covering budgeting, forecasting, banking, cash flow, procurement, leveraging a network, investing – how to apply the principles of money to a business.
BREAK
Teams Breakout Session: The Business Plan - While creating their business plans, the teams will collaborate on developing the proposed solutions.
LUNCH
‘The Perfect Pitch’ presentation in the auditorium- Tips on how to present include: the importance of perfecting the pitch, dos and don'ts, choosing the pitch team, reading the room, getting the numbers right, and fielding questions.
Teams Breakout - practice your pitch, refine your business solution, and adapt your presentation based on the lessons you've learned.
The Rehearsal - Each group will pitch their idea, followed by feedback and lessons learned.
Final Teams Breakout - Core of Final Presentation: Each group will discuss the feedback, adapt their presentations, and explore key business-related financial topics. Key questions include: How much money is needed? What will the money be spent on and why? What makes a business profitable? How can these principles be applied to everyday life?
Feedback & wrap-up
SUNDAY 8 AM - 8 PM
Breakfast & Check-in
Teams Breakout session - Finalise presentations and practice team pitches with mentors.
BREAK
Team Breakout session - teams submit pitch documents and practice presentations.
Group Official Dry Run in the auditorium in front of each other
LUNCH
Afternoon spent polishing the pitch - on Sunday afternoon, teams will focus on polishing their pitches by practicing, finalising their presentations, and implementing feedback received earlier.
‘Dragons’ Den Style” PITCH PARTY & AWARDS
Places are limited so book your child’s place now HERE
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