The Background
The Background
The School of Business and Enterprise were approached by the Deloitte Group to take on the challenge of competing in the Micro Tyco Challenge.
The Deloitte Group
The Deloitte Group is a company with a vision that has spanned our 160-year history. In 1849, William Deloitte invented a rigorous system to protect investors in the expanding Great Western Railway network against fraud. Such was its success that the company’s shareholders recommended the practice of external auditors be adopted into law. And so both the independent audit, and Deloitte as a firm, were born.
That innovative mind-set of William Deloitte lives on in our firm today, as we push the boundaries of our work in consulting and corporate finance advisory. By harnessing the power of technology, our people are responding to the ever evolving needs and challenges of clients and society. From the outset, our values of quality and integrity have never wavered. We seek to drive higher standards of governance and transparency through our audit and tax practices, bringing confidence to the key decisions of business and government alike.
At Deloitte, we create unrivalled opportunities for our people to build successful careers that meet their aspirations as well as deliver for our clients. We nurture the talent of the future – volunteering in schools and mentoring promising entrepreneurs, helping grow business leaders who can have a wide impact on UK plc.
It is through all this and more that we can realise our vision of supporting client success, fostering sustainable economic growth and a more prosperous society.
Micro-Tyco®: Become an Entrepreneur to Fund an Entrepreneur
Micro-Tyco is designed to liberate entrepreneurial thinking across our whole society. The ‘Micro-Tyco Method’ and its combination of inspiration, knowledge and networks is so effective WildHearts was awarded the ‘Social Innovator Award’ from Babson College, Boston, the world’s top school for entrepreneurship. So far over 34,000 Micro-Tycos from 19 countries have taken part.Micro-Tyco is a month long challenge that enables participants to practice and learn fundamental business principles in a safe, 'micro' environment. Teams from schools, universities or businesses have one month to turn £1 seed capital into as much money as possible. Micro-Tyco unleashes participants' latent talents, fostering essential entrepreneurial thinking, resourcefulness and team work. Participants receive world class business video training from the Micro-Tyco Mentors (including Lord Digby Jones and Sir Tom Hunter) and interact with other teams via the exclusive Micro-Tyco social network. Micro-Tycos also have the chance to expand their networks further at Future Talent Forums, Micro-Tyco Master Classes and the WildHearts GEL Summits.
All money created by the Micro-Tycos is invested by WildHearts in micro-loans for poor entrepreneurs in the developing world. Participants 'become entrepreneurs to fund entrepreneurs'. By associating business excellence with economic justice, Micro-Tyco inspires the Leaders Our World Deserves.
