Sudbury businesses are being challenged to use their entrepreneurial skills to turn £50 into as much money for a charity as possible.
St Nicholas Hospice Care has launched its accumulator challenge which last year raised more than £70,000 for the charity which looks after people with long-term and life-threatening illnesses.
The Jacobs Allen Accumulator Challenge launched on Thursday and firms taking part have the summer to turn their £50 stake money into as much as possible.
A prize will be awarded to the business which raises the most.
Organisations from the Sudbury area competing for the top prize include C2C Wines, of Halstead, the East of England Co-op Funeral Directors, which has branches in Sudbury and Hadleigh, and Brett Vale Golf Club of Raydon.
Forty two businesses have already signed up for challenge, and it’s not too late for business to get involved.
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Hospice director of fundraising and marketing Kevin Clements said: “Five years ago when we started this challenge we had no idea how it would go.
“It has raised nearly £250,000 for the hospice.”
Towergate Insurance sponsored the challenge from 2010 to 2014, but this year the baton has been handed over to Jacobs Allen.