Aug 2012

Fundraising businesses enter the Dragons' Den

Six local companies bravely pitched their best fundraising ideas to a ‘Dragons' Den’ panel of judges from the Northern Ireland business community, aiming to raise funds for The Prince’s Trust Million Makers challenge.

Fundraising Businesses enter the 'Dragons Den'Million Makers challenges teams of employees with converting a £1,500 investment into a fundraising profit of £10,000 over a six month period. It provides the opportunity for employees to develop many transferable skills such as leadership, motivation and decision making while raising funds for The Trusts work in Northern Ireland.

Northern Ireland companies participating in this year’s competition are Armstrong Medical Ltd, BTWShiells, Cavanagh Kelly, Cunningham Coates Stockbrokers, Harbinson Mulholland and Parker Green International. Teams will compete against each other to run the most profitable enterprise and the winner will be the team whose project has generated the most profit.

The ‘Dragons’ who put the teams’ fundraising initiatives to the test were Simon Smith, BNI Northern Ireland, David Watters, RSM McClure Watters, Philip Bain, ShredBank and Diana Fitzsimons, Turley Associates. Million Makers ‘Dragon’ Simon Smith from BNI Northern Ireland was impressed by the calibre of ideas presented to the judging panel:

The teams have taken this challenge very seriously and presented us with well thought out plans, targeted market research and some tremendous income generating ideas.

"We judges might not have been issuing piles of our own money, but we were mindful that we were acting on behalf of The Prince’s Trust with their seed money, and we were looking to provide the best return for the Trust to carry out its valuable work with young people in Northern Ireland."

Ian Jeffers, Director of The Prince’s Trust in Northern Ireland, has seen the commitment that the Million Makers teams have put into their fundraising plans and knows just how tough the competition can be, with a collective total of £130,000 raised last year:

“Last year the benchmark was raised significantly with the Northern Ireland teams raising the most of any region in the UK. I know all of the teams in this year’s challenge are equally hungry for success and have put a great deal of effort into planning their initiatives over the next six months.”

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