INNOVATIVE students are coming up with ways to turn £50 into £350 after signing up to a quirky challenge.
Youngsters at Catcote Business and Enterprise College have their thinking caps on as they aim to raise the cash for Hartlepool & District Hospice.
The school was one of the first groups to sign up to the Specsavers Multiplier Challenge, which sees participants handed a £50 note with the incentive of turning it into at least £350 in three months.
All of the money raised by the group in the challenge will be handed over to the Wells Avenue-based hospice.
The facility needs to raise more than £5,600 every day from voluntary contributions and events to ensure specialist palliative care services to the communities of Hartlepool and East Durham are maintained and hospice staff are hoping the latest quirky fundraiser helps to provide some of that cash.
The students at Catcote are now working on a plan to multiply their £50.
Janice Forbes, community fundraiser at the hospice visited the school, in Catcote Road, along with Ian Walker, co-director of Specsavers Hartlepool.
Janice said: “It was lovely meeting the students and they have already allocated roles for each person within the team.
“They have lots of great fundraising ideas.”
Around 30 teams have now signed up for the challenge including the 9th Hartlepool Scout Group, the 3rd Hartlepool Boys Brigade, King Johns Tavern, Hartlepool Water and High Tunstall College of Science.
Janice added: “The challenge is an innovative fundraising challenge that will test people’s business skills, team ability and entrepreneurial spirit.”
The challenge is open to companies, schools, colleges, groups and associations and there is still time to sign up.
At the end of the challenge, awards will be handed out to those who raised the most cash.
To sign up, contact Janice on (01429) 855536 or email email@example.com.