Young Enterprise Scotland is delighted to be one of the eight Pilot Projects to be included by the Money and Pensions Service (MaPS) to Test ‘what works’ and address gaps in financial education.

While there are a laudable number of financial education interventions, only 48% of the UK’s children and young people currently receive a meaningful financial education.

Reaching 7,500 young people, the Young Enterprise Scotland pilot will create an online portal with digital resources for practitioners across Scotland. The portal will include webinars, Continuing Professional Development sessions, self-directed e-learning content, an online financial education progression framework for the Scottish curriculum, and a searchable database of good practice examples.

HeraldScotland:

MaPS Policy manager Sophia Spence-Cheng said: “We’re working with a range of expert partners to conduct pilots that develop and test both new and existing solutions where there isn’t yet conclusive evidence of what works when it comes to achieving positive financial wellbeing outcomes for children and young people. We have identified, via years of extensive analysis and stakeholder consultation, three priority areas for the programme including digital delivery of education.”

Geoff Leask, chief executive at Young Enterprise Scotland is delighted to be selected as a Pilot Project; “Gaining this support from MaPS gives us the platform to investigate ways to develop online resources and support for educators across education in Scotland and builds on the work we have carried out in the last year with Young Enterprise Scotland.”