The Prince's Trust Million Makers competition
The Million Makers Corporate Challenge: Six months, £1,500 seed funding, £10,000 target.
What is Million Makers?
Million Makers is an entrepreneurial fundraising challenge which sees teams of employees from companies across the UK competing to raise at least £10,000 or more over a period of six months. The competition is a learning and development tool proven to build essential business skills and motivate your employees. Collectively, teams are aiming to raise £1,000,000 to transform the lives of disadvantaged young people around the country.
How does the competition work?
The competition involves a number of stages which are designed to support each team in their personal development and to achieve their fundraising target.
- Recruit: The Prince’s Trust works closely with your business to select a team of 8-12 employees to be part of the Million Makers team
- Launch: All teams in your region are invited to a high energy launch day to kick start the competition – a great opportunity to build strong team relationships and learn about the cause and the challenge
- Plan: Following the launch day, and with the support of their mentors and The Prince’s Trust, teams turn their ideas into a business plan
- Pitch: Teams are invited to pitch their business plan in a Dragons’ Den-style panel of senior business leaders. Presentation skills are put to the test in order to secure £1,500 seed funding from The Prince’s Trust
- Implement: Once the pitch is complete, the six months fundraising can begin. Teams must test their time management, project planning, communication and leadership skills by turning their plans into a reality
- Half Way There: Mid way through the six months, teams will be invited to celebrate their achievements so far at a Half Way Event. This aims to energise and rejuvenate teams
- Celebrate: At the end of the six months fundraising, regional finals are held across the country to announce the final totals raised by each team. The winner at each regional final is invited to the national final which takes place annually in March alongside the prestigious Celebrate Success awards
- CUT THE COST OF TRAINING
- DEVELOP EMPLOYEES' BUSINESS SKILLS
- RAISE THE PROFILE OF YOUR COMPANY
- ENGAGE, INSPIRE AND MOTIVATE YOUR STAFF
- ALIGN WITH YOUR WIDER CSR OBJECTIVES
- GAIN NEW SKILLS AND KNOWLEDGE
- BUILD CONFIDENCE
- NETWORK WITHIN AND OUTSIDE OF THE BUSINESS
- DISCOVER NEW TALENTS AND INTERESTS
- HAVE FUN
Since 2011, Atos have consistently come in the top three for the national Million Makers competition. The Dream Builders from Atos were the 2015 national winners raising a record breaking £210,111. One of their innovative ideas was a companywide Million Makers week and a sponsored IT Meets High Tea careers fair designed to encourage female graduates to consider a career in STEM industries. Collectively Atos has raised almost £700,000.
Graduates from Barratt Developments have competed in Million Makers since 2013 to not only raise money but also leave a legacy. Some of their inspiring ideas have included a children’s book ‘Look again, Wellie’ to support readers through the house moving process, an app and careers workshop to encourage young people into the house building industry. In both 2014 and 2015 the teams won the National Innovation Award, and in total teams have raised over £107,000.
As part of DLA Piper’s ongoing support for The Prince’s Trust, a team of trainee lawyers took on Million Makers to develop new skills and give back to their local community. The London-based team created a new event, Tough Lawyer, which raised £35,000. Million Makers was offered as a development opportunity for new trainees at DLA Piper’s London office. With lots of internal support, the challenge was a great chance for participants to network and raise their profiles as well as be a key part of the office’s community involvement.