Make your mark with a doughnut

Back in November (gasp! time flies) I told you about Oli’s latest socially-entrepreneurial wheeze: Make your mark with a Tenner

Pigeons are now coming home according to the FT:

Six months later, more than three-quarters of the money has been paid back, a success rate that would delight most early stage business investors.

The biggest profit was £410, generated by a student at east London’s Walthamstow School for Girls, who set up a homemade doughnut business, persuading a local shop to donate ingredients.

She returned the £10 to The Entrepreneur Channel, a satellite television station that funded the scheme, and donated the rest to various charities.

The average profit from the 50 biggest earning schemes was £99.33, according to Mr Barrett.

Yay Oli! Yay Doughnuts! Yay Walthamstow!

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