Financial Awareness Case Studies
Case study: Financial awareness
Young Enterprise helps young people develop the employability skills, resilience and financial acumen they need to succeed in the changing world of work. Now, more than ever young people need to be enterprising in their approach to education and work and be provided with up-to-date information about their career pathways if they are to play their part in economic recovery.
By working in partnership with Rathbones, together, we’re able to provide young people with an understanding of career pathways, how to build their employability skills and resilience and give them the confidence to learn to earn and manage their money through to adult life.
We know young people have been disproportionately affected by the pandemic. Schools closures, job losses and rapidly changing career prospects are leaving students feeling demoralised and lacking career focus. Working together with Rathbones, we will help raise aspirations and provide young people facing the biggest barriers to social mobility, with the enterprising mindset and awareness of career pathways to help them build their futures.
"We are thrilled to be partnering with Rathbones over the next two years to help support young people throughout England and Wales to develop the employability skills, resilience and financial acumen they need to thrive in work and life. Thank you to Rathbones for your continued commitment to supporting the next generation of young people to thrive.”
Sharon Davies
CEO
March 2023
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Case study: Supporting young entrepreneurs
Led by young people around the world who are passionate about making a difference, Social Shifters is a non-profit organisation that helps the next generation of leaders, innovators and entrepreneurs tackle the world’s most pressing social and environmental issues in new ways.
The Global Innovation Challenge has brought together a coalition of international businesses and foundations to accelerate youth-led business solutions for the Sustainable Development Goals (SDGs). It is a competition that mobilises young leaders (18-30 years) and their business solutions to pressing social and environmental issues. The programme enables industry professionals and corporate partners to give back and help young leaders to flourish. Contributing as virtual judges, mentors and instructors, these volunteers take the opportunity to put their professional skills to good use. Coming away with new perspectives and business ideas, volunteers and partners channel their learnings back into their organisations.
In 2021, over 6,000 young leaders participated with almost 2,000 business solutions submitted. From improving access to critical health services in impoverished communities to protecting marine ecosystems, this challenge uncovered the critical work undertaken by a global community of Social Shifters. Supporting the climate prize, Rathbones was pleased to select Marta Uetela, founder of Biomec, as our category winner. Based in Mozambique, Marta is building a social enterprise that collects abandoned fishing nets and transforms these harmful plastic residuals into high-performing prosthetics. It was clear that Marta saw the challenges facing developing countries as they struggle to protect themselves against climate change. She has, therefore, set up this business to play a key role in climate justice, equity, and to deliver opportunities for the most vulnerable people and communities.
Marta, said: “I want Biomec to become the world’s reference point for practical, high quality and ecological prosthetics, enabling people to experience life without limitations.”
The 2022 challenges reached over 3 million people online, had over 5,000 teams participating with just under 2,000 solutions submitted. Read the impact report here.