August 2011

Dragons are no threat for local companies

Some of Northern Ireland's leading organisations have stepped into the Dragons' Den in their efforts to raise a million pounds for The Prince’s Trust.

Northern Ireland Million MakersEach company has been given a seed corn fund of £1,500, and using their entrepreneurial skills they are aiming to turn that investment into at least £10,000 over the next six months.

With almost 100 teams across the UK taking part in The Prince’s Trust Million Maker Challenge the charity is aiming to raise £1m for its work to support disadvantaged young people across the UK.

Each of the teams pitched their money-making ideas to a panel of Dragons, with ideas ranging from selling limited edition prints by a leading artist, to talent shows and abseils.

Anna Moss, Managing Director and General Counsel of Belfast Citi Markets and Banking was one of the local Dragon’s who gave some advice to the local teams. She said:

This is a fantastic initiative. Million Maker combines the fun of The Apprentice with the drama of facing the Dragons' Den, whilst stretching and energising staff.  It was great to see so many people stepping up to the challenge of raising money for The Prince’s Trust locally, and at the same time seeing a real competition that combines personal development, skills enhancement, networking and fun.  I can’t wait to see how they all get on.

The ten organisations in this year’s competition are Allstate Northern Ireland, BNI Northern Ireland, Delta Print & Packaging, Hewlett-Packard, Marks and Spencer, Northgate Managed Services, Parker Green International, RSM McClure Watters, ShredBank and Tughans.

Their task is to now run innovative, entrepreneurial and ultimately successful team businesses over the next six months to raise funds for The Trust. The team that raises the most money will represent Northern Ireland in the national final in London next March.

All the money raised will be used to give practical and financial support to over 3,000 local young people who need it the most, developing key workplace skills such as confidence and motivation, enabling our young people to move into work, education or training.