WHY IS YOUTH ENTREPRENEURSHIP IMPORTANT? Mark Pomerantz What is it?

Youth entrepreneurship involves acquainting young people and students with the realities and opportunities of small-business employment and ownership. Other goals are helping kids feel good about themselves, and feeling they can manage their own lives. Entrepreneurship education can have a positive impact on other aspects of students’ lives too. The National Foundation for Teaching Entrepreneurship trains teachers to teach entrepreneurship and publishes manuals and study guides. They have a program in Florida, which brings students from all over the state together for workshops and a state business plan competition. The students who participated in the program had greater interest in attending college, job aspirations that required great education, had improved scores in independent reading, and improvements in grades and tardiness A youth entrepreneurship program, if one was developed, would focus on introducing students to business fundamentals and becoming entrepreneurial thinkers. Some may go on to college, some may start their own businesses, and some will decide they want to work for others, but they will all learn the fundamentals of entrepreneurship which means being alert to opportunities, being able to adapt to change, and being able to deliver on a promise or contract.

His school’s results seem to substantiate that with kids staying in school and passing their classes. PCC has started a program called Kids Clubs and one of their Board Members is very interested in Youth Entrepreneurship.What’s Going on in Cincinnati? I spoke with John Morris. John is sympathetic to the Gates Foundation approach of small focused schools or academies. They would also like to work closer with school-based programs. His school is receiving support for computers and professional development from the Gates Foundation under their Model Secondary Schools Project. outreach to business organizations. Other ideas might include field trips to businesses. how to generate and make use of opportunities. One idea for a program would utilize a curriculum to be "shared" among the organizations.pdf) about how his school program works. His school is the entrepreneurship-focused school. John mentioned that one of the Gates focuses was on the advisory character of the school. They may be there for geographic reasons and then find that they aren’t that interested in the subject focus. Kids need to be taught how to respond to challenges. (http://www. Could PCC be a Partner? I’ve also spoken with Diana Crane.oh. Next Steps? Today I hope that we have a discussion that yields some ideas for next steps like a partnership or a network. and how to make money from doing this. Perhaps someone has an idea for a youth enterprise that they might want to partner with others in developing. . His background is in business not education. and adversity in a flexible and opportunistic manner. others are art or technology focused. His school starts with a strong standard based educational program and adds an entrepreneurial factor into each class.k12. They have “advisory classes” in the schools where an entrepreneurship curriculum could be developed and kids can be advised how they can make money from the fields they are studying. But he thinks it’s important to keep in mind that it’s not enough nowadays to train kids to be proficient in a field or particular job because they’ll be competing for those jobs against other workers worldwide. Ohio. John was hired by the Cincinnati School District to run one of their most troubled schools. Principal of the Entrepreneurship High School in Cincinnati.us/programs/schchoice/SchFlyers/EntreFlyer. He feels that giving kids skills in a world marketplace will not guarantee them jobs when someone in the Third World will do the same job for a fraction of US wages. He feels that it’s important to give kids choices and teach them how to recognize and implement good ideas. workshops with business people and MBA students’ et al. crises. So the kids are exposed to an entrepreneurial approach all day long. He also feels that some kids may be misplaced in academies. (Kids may like playing with computer games but then find that they don’t like programming computers) He feels that entrepreneurial focus helps kids stay in school and stay with the program. and the services of a teacher certified to teach youth entrepreneurship.cpsboe. the Community Relations Director for PCC Natural Foods.

i. Those business leaders under 35 were open to the notion that business has to be more socially responsive.) smaller schools. Some of the Challenges to Developing a Youth Entrepreneurship Program in Seattle: Schools are not focusing on “life skills” Connection has not been made here that entrepreneurship focus helps academic performance “Vocational” programs are not popular School focus is on achievement tests and college prep There are “competing” after school programs Gates Foundation promotes “small academy” concept. Youth Entrepreneurship seemingly has more support outside of Seattle: 2500 students attended WA DECA (Distributive Education Clubs of America) Career Development Conference last year 0 students attended from Seattle Schools! Parents and schools in Eastside of County are more supportive of entrepreneurship foci? Some Examples of Youth Entrepreneurship in Canada A recent study showed that acceptance of social entrepreneurship. Youth One. offering counseling and discussion forums One employee and volunteers Meal Exchange. technology etc. Entrepreneurship has been the driving force in economic growth and getting an early start in training youth to be small business entrepreneurs will have a positive impact on Seattle’s local economy. Founder (PhD Candidate in Marketing. Canada Rahul Raj.com. Canada Leo Wong. Edmonton. U. which are topically focused (arts.youthone.. Waterloo. Those over 35 tended not to be responsive to the idea. Alberta. Their businesses all have an element of mobilizing other young people. Founder (Degrees in business and philosophy) A not-for-profit company founded in 1993 that allows college students living on campuses to transform unused meal plan points into groceries which get delivered to food banks and other . Ontario. of Alberta) A not-for-profit company founded in 2000 that runs www. aWeb site for youth.While this project is designed to have a primary impact on the lives of students it will have a secondary impact on the local economy. The businesses listed here were all started by young people in their 20’s who not only are entrepreneurs but social entrepreneurs.e. using business principles to further a community or social mission breaks down on generational lines in the business world.

000 worth of food to community organizations. The program operates at 45 colleges and universities across Canada and has donated more than $260.community organizations. MBA) A not-for-profit company founded in 1995 to get youth to serve meals-on-wheels to senior citizens. Ontario. Canada Chris Goodsall.000 meals to 1. .100 seniors. Founder (BA English/Political Science. nominated for Peter F. Three employees Santropol Roulant. Drucker award for non-profit innovation. HumanLink International. It has delivered more than 200. Six employees. Toronto. also develops and implements “Yes Youth Can” entrepreneurial forums in Toronto and Newfoundland. Quebec. involving 1. Founder (Business degree) A not-for-profit company founded in 2002 creating links between Toronto and Guyana. Three part-time employees. Canada Natalie Chinsam.200 volunteers and creating more than 200 temporary and training jobs for youth. Montreal.

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