Teams are allowed to raise no more than a total of £500 to start their business.
The simplest way is to invest your own money into the business, which is known as selling shares. You can also sell shares to friends and family.
Shareholders will need proof of their investment into the business. If you make a profit they are entitled to receive a return on their investment plus any dividend agreed at the end of the programme.
If you choose to sell shares you must issue the shareholder with a certificate and keep an accurate record of the shares sold. Both of these forms can be found on the bottom of this page.
The maximum number of shares you can sell to any one person is £25 and the total number of shares you can sell is £500.
You may choose to raise capital by organising events in your school such as cake sales, car boot stalls or organise a disco etc. It is still important to record how much money was spent and raised.
Please read our leaflets on car washing, running a disco and running a sporting event, running a fashion show.
You are not allowed to raise money through a bag pack.
The following points provide a guide to how financial support can or cannot be applied.
- Junior Achievement companies can enter into a commercial agreement with a company to carry their logo or advertising on a product at a price e.g. selling advertising space
- Straightforward sponsorship or donations are not allowed. Corporate supporters may become a shareholder within the rules of JA shareholding.
- Schools can donate the start-up capital but this must be paid back in full at the end of the programme
Making Money and charitable giving
At the end of the programme you can split the profit between team members and your shareholders. This profit must come from selling your product or service not from fundraising.
Any money that you make from fundraising must be invested into your business. If you do not spend this money on the business then you will be required to donate the money to Junior Achievement.
Should you wish to donate money to another charity you can do so at the end of the programme but this must be from the sale of your product or service and not through fundraising.