In a scheme that hopes to encourage a generation of new young entrepreneurs, 10,000 school children were given £10 for a month to see if they could make a profit.

• Four Manchester Academy students set up a business called Cathay Craftz to take part in the Make Your Mark with a Tenner competition.

• The students were given £10 each, one month and the challenge is to make a profit in the month!
  
  
• The students chose to make origami pieces made, wherever possible, from recycled paper and donations of gift-wrap from the staff and students.
  
  The pieces are being sold to staff, students and businesses, one of them being the Sweet Mandarin restaurant who made the first order.
  
  
• The students have already made tremendous progress as they were also featured on the BBC2 Newsnight programme on Monday, 29th January, 2007 talking about the project.

Click here to view the report, you will need Real Player or Windows Media Player installed on your computer to see the video.

• Ultimately the plan is to raise up to £500. Part of the profits will pay for staff and materials.

• The money raised will also sponsor students from our partner school, Toli Secondary School in South Africa.
  
  At Toli it costs £86 to pay for a student to complete three years of their education.
  
  
• The month-long challenge could make a real difference to the futures of students all the way in South Africa!

Click here to read the latest developments of the Cathay Craftz project on a blog set up on the BBC2 Newsnight website.

• Cathay Craftz - Update