The P7 pupils at Carlogie Primary School in Carnoustie have established car washes, coffee shops, a bake shop and sports training throughout the month of February.
They finished off with a Micro-Tyco fair on Monday, February 29, as a way of showcasing their business ventures. Micro-Tyco is part of the WildHearts foundation which provides loans to people in third world countries to help start up their own businesses to work themselves out of poverty.
This is achieved through the pupils setting up their own businesses with just £1 seed capital.
According to their website, Micro-Tyco “unleashes participants’ latent talents, fostering essential entrepreneurial thinking, resourcefulness and team work”. All money created by the Micro-Tycos is invested by WildHearts in micro-loans for poor entrepreneurs in the developing world. Participants “become entrepreneurs to fund entrepreneurs”.
They are to provide products and services to help their money/business grow. The pupils invited local business people to the fair, to tell them about their businesses and give financial information.
The children made approximately £1500 during the month of February. The car wash picture is from Westway car wash in Arbroath and the pupils are Emily Cattanach and Kai Birdsall.