AN ENTREPRENEURIAL scheme being run by the University of Chester has received global recognition.
The team behind Destination Rio which challenges groups of students to turn £10 into a trip to Brazil, is aiming to nurture the next generation of entrepreneurs with the innovative project.
It is a joint partnership between Chester Enterprise Society, the Riverside Innovation Centre (RIC) and is part-funded by the European Regional Development Fund and Cheshire West and Chester Council.
The first stage of the challenge has been acknowledged as a ‘High Impact’ event by the team behind Global Entrepreneurship Week (GEW) which ran between November 12-18 last year.
The team impressed so much that they have received a badge of honour for their idea.
To achieve the accolade, the challenge needed to meet four out of six criteria – promote the GEW campaign; provide practical support; provide role models; share success; develop enterprise capabilities and measure the effect.
The University of Chester is one of 361 organisations who have received this recognition globally and through partnering with GEW, the university has helped to directly contribute towards, deliver and promote entrepreneurship and enterprise activities both nationally and on a global scale.
Teams taking part in Destination Rio were set the task of turning an initial investment of £10 into the profits necessary to fund travel to the Global Entrepreneurship Congress in Rio de Janeiro in March through a series of challenges designed to test their enterprise skills.