The utility company will reward the most enterprising primary school and is looking to find out what school pupils have accomplished to date in setting up their own businesses.
ScottishPower is on the look out for school ventures which encourage youngsters to be entrepreneurial and those which show excellent promise as strong business idea.
By taking part and nominating their school project, teachers and pupils could win £1,000 for their school.
Head of SME at ScottishPower, Mark Pettican, was delighted to unveil the new initiative and is looking for as many schools in Scotland as possible to get involved.
Speaking of the launch of the new competition, he said:-
“The ScottishPower Schools Best Budding Business hopes to support young business people of the future and encourage them to think about their projects and initiatives.
“This is the first year of our competition and we are really looking forward to receiving entries and reading about all the great potential business men and women out there.
“We are delighted to be enabling schoolchildren to gain recognition for their excellent business endeavours. This is an ideal way to give confidence to youngsters to excel in business from an early age.”
All schools have to do to take part in the competition is to write a letter, in no more than 400 words, detailing a current business initiative run by pupils and highlight its achievements to date. They have to tell us about what they do, make or sell, how many pupils are involved, how the project came about and its successes.
Entries should arrive no later than Friday 8th October 2010 and be posted or emailed to Susanne Grant at The BIG Partnership, 5 Park Circus Place, Glasgow, G3 6AH or firstname.lastname@example.org