Virgin Money information for parents

This letter was sent out with all children today but in case it hasn’t made it home, please see below information on “Virgin Money – Make £5 Grow Campaign.”

Virgin Money – Make £5 Grow

Dear Parent/Carer

Primary 7 are working with Virgin Money on the “Make £5 Grow” project.  The project encourages school children to have a real experience of how a business operates and develop the employability skills that employers are looking for all whilst having a lot of fun.

Earlier this session, all P7 pupils made their pitches to the Virgin Money “Dragons” in their chosen groups.  Each of the proposals was Christmas themed and included ideas of designing and manufacturing Christmas decorations, prize giveaways and board games. The standard of each presentation was outstanding and the members of staff from Virgin Money were very impressed. Virgin Money has provided a £5 loan to all pupils to now make their business proposals a reality.  This money has been given to our Primary 7 pupils today.

As part of this project, Primary 7 have taken part in a number of financial education lessons aimed at teaching them the skills required for budgeting, profit and loss.  They now have the challenge of creating their products, sticking to a £5 budget, keeping receipts to create an expense account and meeting a deadline to sell these products in school and at home next week.  Pupils from Primary 1-6 will be able to purchase items during break and lunchtimes should they wish to.

We would like to invite our Primary 7 Parents and Carers to a special showcase on Wednesday 12th December at 9.30am where you may choose to purchase some of the Primary 7 products as part of your last minute Christmas Shopping.  These stalls will also be open to our Nursery Parents and Carers as they join us for our Nativity Performance later that morning.

All money should be collected in school by Monday 17th December.  At the end of the projects, after the original loan has been paid back to Virgin Money, the Primary 7 pupils will be able to choose how to spend their profits on as a reward for all of their hard work.  Please keep a look out on twitter for updates next week.

Yours sincerely,

Mrs Forsyth and Miss Morgan

P7 Teachers