BUDDING businesswomen are putting their moneymaking schemes into practice in a nationwide enterprise competition.

A total of 50 pupils, aged 12 to 14, at Bury Grammar School Girls have signed up for the Tenner initiative, in which they are given £10 to do something enterprising.

To kickstart the scheme, run by charity Young Enterprise, businessman Colin Stevens visited the Bridge Road school to share his expertise.

The founder of Manchester-based Better Bathrooms spoke to the 18 teams about how to make as much profit as possible from their £10 loan.

He said: “After starting my own business at just 21 selling taps on eBay from my bedroom, I’m proof that anyone can start a successful business from nothing.

”If I was taking part in this competition, I’d probably buy some materials at a cheap price and create jewellery or art work and re-sell them to people around school. My top tips would be to get creative and to think about what people want.”

The Bury Grammar pupils are already hard at work and thinking of ways to spend their profit.

Lucy Jackson, aged 13, said, “I aim to make over £100 profit, if possible up to £200. I will keep half to hopefully carry on the business and donate the other half to my school's new arts centre.”

Headteacher Bobby Georghiou said: “This is a great scheme for our pupils.

They have already put their entrepreneurial skills to the test this year in a fantastic fundraising campaign for our arts centre.

“I am in no doubt that they will increase the value of their £10 notes with some imaginative business ideas.

“We are grateful to Young Enterprise for giving them this chance to flex their financial muscles.”

The competition encourages pupils to pursue their entrepreneurial, money making and socially aware instincts in virtually any direction. The Government has contributed £50,000 extra into the pot so that 5,000 more young people can take part this year.

More than 25,000 school pupils nationwide have signed up and the winners