Global Money Week

2017 Estonia Global Money Week

Leading Organizations:
Entrepreneurship Theatre NGO

Participating Organizations:
Lääne-Viru College of Applied Sciences
Europe Direct Lääne-Virumaa
Business Day
Entrepreneurship Theatre NGO

Entrepreneurship Theatre NGO with its partners Business Day and Lääne-Viru College of Applied Sciences is celebrating Global Money Week 2017 in Estonia in 27 March to 2 April.

This year’s theme is Learn. Save. Earn. Inspired of this theme we are organizing 27 March 2017 in Lääne-Viru College of Applied Sciences public lecture, starting 9.15 am with an Estonian famous investor and columnist Investor Thomas.


2016 Estonia Global Money Week

Leading Organizations:
Entrepreneurship Theatre NGO

Participating Organizations:
Ministry of Finance
Rakvere Smart House Competence Centre
Ministry of Education and Research
Lääne-Viru College of Applied Sciences
Europe Direct Lääne-Virumaa
West-Viru County Government
City of Rakvere

Date of the event:
15th - 16th of March

Total number of children & youth engaged: 200

Entrepreneurship Theatre NGO invited schools to participate in a saving themed games competition. Entrepreneurship Theatre NGO and its partners are holding a competition on compiling games on the subject of saving in honor of the international money week. Authors of the best works will be credited and their works presented during the award ceremony at Rakvere Smart House Competence Centre on 15th March 2016.

Entrepreneurship Theatre NGO invited all primary school students to participate in the competition in three different age groups. An organizers expected works in the form of board games, virtual games and else. 16 games were submitted to the competition and 48 contributed to the making of this games/them.

Winners:

  • "Eat healthily-save health", Põlula School
  • "Whole Estonia economizes", Sõmeru Primary School
  • "Bugidi-Bugidi", Rakvere Gymnasium

The winning works rewarded with a financial award provided by the Ministry of Education and Research, Ministry of Finance, Europe Direct Lääne-Virumaa and Entrepreneurship Theatre NGO. Rakvere Smart House Competence Centre, the City of Rakvere and West-Viru County Government supported the award ceremony.

The conference day starts with opening words from our co-work partners, then the visiting presenters, the practitioners will have the floor and their speeches will be followed by presentations of the contestants..

At least 6 business ideas, 4 business plans and 4 projects will be presented. The first and the most uncomplicated contest level is the category of ideas weather business or social entrepreneurship ideas, which do not concentrate on profitability but on finding a solution to the social problems.

The second category is for business plans, which expect deeper market research, market analysis and financial prognosis to be involved. The third category of the contest is for projects accomplished in the social-life field or designed for implementation in it.

The main purpose of the conference is to offer to the local young people, including scholars of different levels, interesting, thought-provoking presentations in the field of entrepreneurship, business ideas and project work.


2015 Estonia Global Money Week

Participants:
The Entrepreneurship Theatre NGO – coordinator
Rakvere Gymnasium
Lääne- Viru College
Ministry of Finance
Estonian Central Bank
Ministry of Education and Research
West-Viru County Government
Europe Direct Lääne-Virumaa
Lääne- Viru College
Estonian Banking Association
Date of the event:
11th – 12th of March
Number of children and youth reached:
300

The “Save today. Safe tomorrow” Conference was opened to all participants from around Estonia for children and youth aged 7-24 years. 17 people including students and teachers were honored during the ceremony. Many experts of the field took part in the conference “Save today. Safe tomorrow.“ Organizations participating in the celebrations included the Ministry of Environment, Redgate Capital AS, LHV Bank, Swedbank.

There were great drawings, posters, essays and videos submitted as part of the creative competition ’Save today. Safe tomorrow’. The competition was open to all participants from around Estonia for children and youth of ages 7-24 years. Many experts in the field took part in the conference „Save today. Safe tomorrow,“ Aare Tammemäe spoke broadly of financial markets – how they effect real economy and enterprises. He explained how the savings of a company are connected to its and the economy’s growth as a whole. Kadri Rumm explained how our choices today decide our future and elaborated on the risks of our decision-making.

On 12 March, Lääne-Viru College in cooperation with Entrepreneurship Theatre NGO celebrated the GMW2015 with the competition “Make the idea happen.”

 

2014 Estonia Global Money Week

Participants:
The Entrepreneurship Theatre NGO – coordinator and organizing entity of 11th of March
Lääne- Viru College – organizing entity of 12th of March
Financial Supervision Authority
Estonian Banking Association
The NASDAQ OMX Tallinn Stock Exchange
Retla Kool
Date of the event:
11th - 12th of March
Number of children reached:
180

A two day entrepreneurship conference “Make the idea happen” was organized by the Entrepreneurship Theatre NGO for students during Global Money Week. "Plantest Grupp", proposed by Andre Talu, was chosen as the ‘strongest business plan’. "Find your Heart" by Mariann Kase and Maaren Tammemaa was considered the ‘best social idea’ and elected the crowd's favourite. Siim Reedo and Raul Rajang won in the ‘business idea category’ with their idea "My Best Pet". Their internet platform was decided to be the most innovative solution. The participants enjoyed the competition and requested that it be held again next year. The jury’s encouraging attitude and constructive input on the proposals encouraged many of the participants to carry on developing their business ideas and to work towards bringing them their plans to life. The winners were awarded with a mentoring session by an economy lecturer Lääne-Viru College.

Representatives of the Financial Supervision Authority, Estonian Banking Association and The NASDAQ OMX Tallinn Stock Exchange gave a presentation about different topics of financial education to 15 teachers. Financial planning and security was discussed with the teachers as well as advice on dealing with problems which arise for them as well as their students. Everyday banking services and loan possibilities were put into perspective, and saving, investing and pension plans were discussed. A financial exercise brought the day to a close.

Entrepreneurship Theatre NGO taught students of Lääne-Viru College how they can teach their peers financial skills. Participants began with a test to assess their financial knowledge and were then taught how to create a budget. Next, there was a group study on how to deal with challenges in finance, after which, study groups gathered for a creative exercise – they created a collage displaying the different stages of finance. At the end of the day they were tested on what they learnt with a fun quiz.

Students who are members of Entrepreneurship Theatre NGO in Estonia chatted with students from The King Fahad Academy in the UK in a Video Chat Café, while students from Retla Kool in Estonia connected with students from the International School Rheintal in Switzerland. Each group of students had an hour long online chat via Google Hangout where they all had a chance to share their thoughts on money, savings, budgeting, etc.

In two classes where finance was the theme, Retla Kool’s teachers taught their students about the historical use of money, and the difference between the Euro and Kroon (the former Estonian currency). The teachers from the primary school gave their students a ’Piggy bank – saving money’ lesson which has made the children aware of the importance of saving. While in the art classes (throughout the grades) a drawing competition called ’My money’ encouraged students to draw money as they wished to see it, and how they wished people would spend it. ‘The Money Tree’ was another art exercise were the students drew money trees with their dreams on it.

In Retla School, a Swedbank representative explained to the students about finance, banking and which bank accounts they can open. In a finance class students discussed what they learnt about banking during Global Money Week and discussed ’pocket money’ and why it is important to save it and not waste it. The students also learned about budgeting, for families as well as individuals. Teachers also explained how looking after money and spending it wisely allows governments and individuals to funds many non-finance related areas such as media, theatre, film production, etc.

 

2013 Estonia Global Money Week

Name of organizing entity - Entrepreneurship through Theatre (NGO); Partners - Lääne-Viru Rakenduskõrgkool; Date of the event - 21st of March; Number of children reached - 90; Press - Virumaa Teataja;

“The Global Money Week Skype session helped me to better understand what is going to happen in [at the Youth Summit in] Istanbul. I also saw other people who are taking part in this event. They explained their role and what they are going to do in this event. I think it was very nice to see these people and get a better insight of what is about to come. It was very interesting experience.” Kaisa Kiriland, one of the actors of the Entrepreneurship Through Theater (NGO).

Lääne-Viru Rakenduskõrgkool in partnership with Entrepreneurship Through Theater organized an event called “Make the idea happen” on the 21st of March 2013 in celebration of Global Money Week. A business competition was held where students from higher education institutions competed with others in four different subject categories: business idea, business project, marketing plan and business plan. In addition, a jury selected and awarded the most innovative idea. The audience was also able to choose their favorite participant.

During the play-seminar, the Karla school theater actors presented a series of sketches representing various situations that typically occur in an enterprise. Thus, the theater gave the young people an opportunity to see and understand challenges that are waiting them in the infancy periods of a company and during its fast growth. Youth from Estonia had the chance to talk to students in Turkey via the Global Web Chat, where they discussed their experiences with finance and bank institutions.

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