MICRO-TYCO FOR SCHOOLS
Phoenix has partnered with the WildHearts Group – the UK’s leading B2B social business – which donates 100% of its profits to the registered charity, the WildHearts Foundation, to help fund its innovative Micro-Tyco programme in schools.
What is Micro-Tyco?
Micro-Tyco is an award-winning, interdisciplinary enterprise programme for school pupils. It enables participants to learn and practice fundamental business concepts in a safe, micro-environment. By receiving £1 from WildHearts, and being challenged to grow it into as much money as possible, participants ‘become Entrepreneurs to fund Entrepreneurs’ (because all profits help fund WildHearts micro-loans in developing countries) and receive a deep experiential knowledge of the transformative power of compassionate entrepreneurship.
What are the benefits of Micro-Tyco?
Micro-Tyco inspires an entrepreneurial environment that fosters creative thinking, resourcefulness and team work as well as helping pupils to develop financial literacy, communication, leadership, project management and networking skills.
As well as teaching key skills to participants, Micro-Tyco helps raise the aspirations of the school pupils taking part. It inspires them with the idea of starting their own business one day while also embedding employability skills and creating invaluable links with future employers. Micro-Tyco has already directly helped young people into work.
Participants of Micro-Tyco don’t just develop business skills – they become commercialised, confident, resilient and ready for the world of work. 60% of Micro-Tyco participants identified as Not in Employment, Education or Training (NEET) have gone into employment after taking part.
By taking part in Micro-Tyco senior pupils can learn how business can be a force for good and gain experience that enhances their personal statement and CV. Students are also provided with the chance to secure work experience with leading employers such as Deloitte and Barclays, with WildHearts offering the benefits of their vast network of business partners. Since 2016, nearly 500 Micro-Tyco students have secured work experience placements with top employers across the UK.d t