Latest News



smart pension logo.JPG

Award-winning start-up MyPocketSkill partners with Smart Pension to promote matchmaking platform to help to build more financially capable Gen Z

September 16, 2020

MyPocketSkill, a provider of digital services in the field of youth finance and employability, is happy to announce their new partnership with Smart Pension, to promote money-earning and capabilities-building opportunities for teens.

In 2017, two parents - Matthew and Zara - set up MyPocketSkill to address the gap between teenagers wanting to earn and save pocket-money and have some financial independence and opportunities to do so. Fast forward to 2020 and MyPocketSkill’s matchmaking platform has helped over 1,000 teenagers and households.

MyPocketSkill was awarded funding by Innovate UK, the UK’s innovation agency, for their response during the pandemic. Their two initiatives, Teen Tutors and Digital Teens, provide affordable and yet high-quality solution to families and businesses. In turn it provides young people, whose lives have been disrupted by COVID-19, with skills-building experience, structure, and opportunity to earn pocket money. MyPocketSkill works closely with young people and pride themselves on being user-led and user-design centric.

We are excited to work with Smart Pension, a company founded by finance and technology professionals, and specifically designed to support UK businesses.

About Smart Pension:

Smart Pension is one of the UK's largest providers of workplace pensions. Co-founded in 2014 by Andrew Evans, Group CEO, and Will Wynne, Group MD, the award-winning master trust has more than £900 million in assets under management and is overseen by independent professional trustees. Smart is backed by Legal & General Investment Management (LGIM), J.P. Morgan, Link Group, Natixis Investment Managers and Barclays. In 2020 Smart Pension was named Master Trust Offering of the Year at the Pension Age Awards. Other awards include DC Master Trust of the Year, DC Innovation of the Year and Retirement Innovation of the Year in the 2019 UK Pensions Awards. Smart Pension was also named European Pension Fund of the Year 2019 in the European Pension Awards. We tweet as @SmartPensionUK.

Contact:

innovate

Help for work-at-home parents and young people as MyPocketSkill awarded fast-track Innovate UK funding

May 20, 2020

MyPocketSkill, a provider of digital services in the field of youth finance and employability, has been awarded funding by Innovate UK, the UK’s innovation agency, to provide online services to parents who are struggling to work-from-home and skills-building experience to young people whose lives have been disrupted by COVID-19.

Innovate UK has earmarked £40 million of government investment to fast-track the development of innovations borne out of the coronavirus crisis while supporting the UK’s next generation of cutting-edge start-ups – helping to build the businesses of tomorrow and propel their future prosperity.

Since lockdown began, MyPocketSkill has been adapting its business model to meet the changing needs of the UK public. This funding will enable MyPocketSkill to do so on a larger scale.  MyPocketSkill will be growing its digital platform to connect parents who need help for their children so that they can work at home effectively, with capable young people, who are able to provide all types of support, from music and art lessons, to dance, drama,

homework help and other digital and creative, skills.

resolution_foundation

Class 2020: Resolution Foundation says Covid19 significantly worsens prospects of school-leavers

May 12, 2020

This week, our Youth Policy Analyst Ciara attended the Resolution Foundation’s “Corona Class of 2020” webinar. Here Kathleen Henehan discussed the results of her latest research on the impact of COVID-19 on young people. This report is truly striking and made us stop in our tracks here at MyPocketSkill. 

The report looks at how previous recessions have affected young people, and how the current lockdown and consequent following recession could affect them in the future. The research found that the “Coronavirus effect” to unemployment is expected to reduce a low-skilled education leaver’s chance of being in work by more than a third. Additionally, overall, it is estimated that an additional 640,000 young people in the UK could find themselves unemployed in this year alone. 

Overall it is certainly clear that there are major challenges in store for young people over the coming years. Though government policy will dictate the levels of such challenges, we also think it’s important to enhance young people’s work experience through creating a nurturing setting for skill development and promoting financial capability. This is our core ethos at MyPocketSkill. Since lockdown has been implemented, our overall takeaway through our work with young people is one of resilience and resourcefulness. We aim to foster this through our campaigns and support young people in taking small effective steps towards further education and employment.

More here https://www.resolutionfoundation.org/publications/class-of-2020/

BBC

MyPocketSkill appointed by the BBC to provide participants for user testing and digital research

March 10, 2020

MyPocketSkill, a provider of strategy and digital services in the field of youth finance and employability, has been appointed as a supplier to the BBC to provide design Research Participant Recruitment framework services.  MyPocketSkill will be working with the BBC’s User Experience and Design department to identify, recruit and deliver participants for a range of design & research programmes. 

Assignments will could span across a range of digital products, including Children’s, Education, Radio and Music, iPlayer, Interactive TV, News, Sport and Weather.  

MyPocketSkill is a digital technology and advisory company founded in 2017.  Our vision is to create a financially empowered Gen Z.   

Contact:

Coast_to_capital

MyPocketSkill is awarded project funding by Coast to Capital LEP Area Growth Grant Programme

February 04, 2020

MyPocketSkill is delighted to announce that we have been awarded project funding in a form of a partially funded grant by the Coast to Capital LEP Area Growth Grant Programme, through the Local Growth Fund initiative. This grant enables us to develop a new fully featured version of MyPocketSkill product that will enhance user experience by using a leading-edge design thinking and allow us to scale outside of our pilot locations.

MyPocketSkill is a digital platform and youth consultancy group that helps GEN Z to become more financially capable by connecting them with local tasks and encouraging them to save towards their goals.

The Local Growth Fund is government funding awarded to Local Enterprise Partnerships (LEPs) for projects that benefit the local area and economy. As part of this fund the Coast to Capital LEP Area Growth Grant Programme is being delivered under the Business Finance scheme which has a funding pot of £3.5 million for 2019-21. For more information please go to: http://www.coast2capital.org.uk/growth-grant

What's this item about? What makes it interesting? Write a catchy description to grab your audience's attention...

Paper_rounds

From paper rounds to global empires: empowering the next generation of entrepreneurs

November 01, 2019

In her guest blog for Octopus Group, our co-founder Zara Ransley offers her unique perspective on whether entrepreneurs are born or bred. 

https://octopusgroup.com/insights/from-paper-rounds-to-global-empires-empowering-the-next-generation-of-entrepreneurs/?utm_source=Twitter_remarketing&utm_medium=social&utm_campaign=mypocketskills_B

Teen_ambassadors

MyPocketSkill - We're Recruiting Teen Ambassadors!

April 12, 2019

We are currently recruiting Teen Ambassadors - so if you want to make a mark at your school or college and earn money by promoting MyPocketSkill to your friends and families, then please see here.