Students have been inspired by one of the world’s most dynamic businessmen in a programme designed to promote entrepreneurial zeal.
Sir Richard Branson’s Virgin Money has lent Year 5 students at Bede Academy Primary in Blyth, £5 with which to launch their own mini enterprises.
They will have the next three months to come up with money-making ideas, organise a product or service and make a profit before paying back the interest-free loan to Virgin Money.
Virgin Money team leader Angela O’Shea said: “Sir Richard Branson started when he was young with very little and now has a company that operates a bank, airline, train service, music industry and is even exploring space travel.
“Make a Fiver Grow seeks to ignite little brains so they become the next generation of entrepreneurs.”
Teacher Louise Elliott added: “It is a great opportunity for our students.
“They can choose anything they like but must allocate the money wisely so they return a profit.”