Youth Entrepreneurship for Workforce Development January 22nd, 2010 2:00 - 3:00 p.m. E.S.T.

1. Youth Entrepreneurship for Workforce Development January 22nd, 2010 2:00 - 3:00 p.m. E.S.T.

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5. How to Participate in Polls

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7. Jane Oates Assistant Secretary for Employment and Training U.S. Department of Labor

8. Featured Speakers Presenters Jane Oates, Assistant Secretary for Employment and Training, U.S. Department of Labor Amy Rosen, President & CEO, Network for Teaching Entrepreneurship (NFTE) Sylvia McKinney, Exec. Director NFTE, Philadelphia Alice Horn, Exec. Director NFTE, South Florida Moderator: Daniel Rabuzzi, NFTE

10. What’s in It for You? • Learn how youth entrepreneurship education can help workforce development efforts • Learn how to partner with youth entrepreneurship programs

12. Presenter Amy Rosen President & CEO Network for Teaching Entrepreneurship (NFTE)

14. Describe entrepreneurship education for youth (ages 11-22) from low-income communities. Discuss how these practices work and are assessed in the field. Discuss how partnering with a youth entrepreneurship program can help you meet WIA and other workforce development goals. Agenda

15. What is Youth Entrepreneurship? What is Youth Entrepreneurship Education? “A Picture is Worth a Thousand Words”: Please Watch a Short Video of Young Entrepreneurs in Action

16. Environment Dropout Rate (USA) = 32% African American = 50% African American dropouts  60% become incarcerated Hispanic = 52% Gates funded study revealed 81% of dropouts wanted more real world learning opportunities  school must be relevant to interests, making money, marketable skills Small businesses are essential to a healthy economy. In September 2008, the U.S. Bureau of Small Business Associations reported that small businesses: Employ about half of all private sector employees Pay nearly 45 percent of total U.S. private payroll Generate 60 to 80 percent of net new jobs annually

17. Economic Loss McKinsey Study, April 2009: “The Economic Impact of the Achievement Gap in American’s Schools” Closing the education gap between U.S. and better-performing nations could mean an increase in our GDP of c. $1.3 trillion-$2.3 trillion. Closing the gap domestically between students from low-income communities and the rest could mean a $400-670 billion boost in our GDP.

18. Domestic Presence Program Offices • Baltimore • Bay Area • Chicago • Dallas • Fairchester • Greater Los Angeles • Greater Washington, DC • New England • New York Metro • Philadelphia • South Florida Domestic Licensees • Atlanta • Cleveland • Fresno, CA • Hartford, CT • Kansas • Montezuma, NM • New Haven, CT • Pittsburgh, PA • San Diego, CA • Shreveport, LA • South Carolina

19. Organizational Snapshot • Students • Target Population: • Young people (ages 11-22) from low-income communities; schools at least 40% free/reduced lunch rates; advanced curriculum for college students; expanding relationships with community colleges • 280,000 youth served since 1987 • FY 2009: 64,913 students (45% increase over FY08) • Teachers • FY 2009: 1,489 active teachers • FY 2010: 1,650 active teachers (goal)

20. Organizational Snapshot • Curriculum • Pearson Prentice Hall: • High School Materials, including digital tools (11th edition). • College Materials (2nd edition). • Middle School Textbook (1st edition due Q1 2010) • Scholastic: Ten9Eight case study book • Entrepreneurship Education Guide for Volunteers (due Q2 ,2010) • Operations & Financial Information • 11 program offices in the US • Licensed partners in 6 additional US states and 11 countries

21. The NFTE Pathway NFTE Program focus at each stage N F T E ’s C U R R I C U L U M Students develop a deeper understanding through mentoring & competition Students learn business practices through experiential modules Students learn through in-depth courses and learn to develop a business plan College/Post-SecondaryCurriculum MIDDLE SCHOOL EARLY HIGH SCHOOL LATE HIGH SCHOOL COLLEGE & BEYOND NFTE bridges the middle & high school experience through Summer BizCamps and online services NFTE offers e-Club, an after school opportunity for students to expand their entrepreneurial activity NFTE Alumni Networkwww.nftealumninetwork.com N F T E B E Y O N D T H E C L A S S R O O M

22. Improving College-Readiness for NFTE Students • Every NFTE program office is partnered with at least one community college and/or 4-year institution. • Our goal is to create formal articulation agreements (including dual enrollment) so NFTE students have seamless pathway from middle school to post-secondary education.

23. Mentoring Professional development E-Learning Workshop Teacher Meetings Award opportunities Advanced Teacher Forum Regional retreats Identify schools and educators Train educators at 4 day intensive “NFTE University” Teacher Training Train Implement Support • Regular site visits from NFTE staff • Assist in volunteer recruitment, field trip planning and business plan development • Online course managementsystem (TEAMS)

24. Program Impact Statement NFTE’s Core Competencies Curriculum Teacher Training Experiential Methodology Student Impact Increased Business Knowledge Greater School Engagement Increased Interest in Completing High School and Attending Post-Secondary Education Increased Rates of Business Formation

25. NFTE Student Results: WorkKeys • NFTE curriculum teaches the same skills tested on the WorkKeys Reading for Information and Applied Math exams. • Chicago South Shore Campus: • Since South Shore HS was divided into four small schools in 2002, the School of Entrepreneurship has adopted the NFTE curriculum and every student takes a NFTE class sophomore, junior and senior years. • Since then, students at the School of Entrepreneurship have outperformed students at the other three schools at the South Shore Campus: • From 2005 through 2008, an average of 78.6% of the juniors at the School of Entrepreneurship earned a score of 4 or better on the reading portion of the test: 7-10% higher than the other three schools. • From 2005 though 2008, an average of 48.6% of juniors at the School of Entrepreneurship earned a score of 4 or better on the math portion of the test: 12-20% higher than the other three schools.

26. NFTE Student Experience • NFTE impacts students’ basic academic and life skills through a hands-on entrepreneurship curriculum that reinforcesmath, reading and writing, and develops skills in critical thinking, teamwork, communication anddecision-making • NFTE-trained teacher • NFTE textbook, workbook & supplementary materials • 80 classroom hours • Business plan development • Business plan competitions: class, regionals, nationals • Wholesale trip & selling event • Field trips to local businesses • Class speakers (entrepreneurs, business executives) • Mentoring

27. Academic Standards • NFTE’s programs correlate to a variety offederal, state and local academic standards helping teachers and superintendents meet critical education requirements, including school-to-career objectives. • Middle States Association of Colleges & Schools has accepted NFTE as a candidate for accreditation. • NFTE’s curriculum meets national social studies and mathematics learning standards, as well as language arts, math, science, technology, and social studies in several states throughout the country. Standards are defined by: • The National Council for the Teaching of Mathematics (NCTM) • The National Council for Social Studies (NCSS) • The U.S. DOL’s Secretary’s Commission on Achieving Necessary Skills (SCANS).

28. AlumniServices • Alumni services seeks to create a solid infrastructure that supports the needs of NFTE program graduates via advanced programs, mentoring, and community building, in-person and online. • Alumni opportunities include: • Access to the online NFTE Alumni Network • Use of NFTE BizCenters • Business plan mentoring from local entrepreneurs and business executives • Regional and/or national business plan competitions • Entrepreneurship Clubs (E-Clubs) • Advanced BizCamps™ • Entrepreneurship workshops and career forums • Award opportunities, including the Young Entrepreneur of the Year Awards, Advanced Entrepreneurship Seminar, and various college scholarships.

29. Best Practices How these curricular elements work in the classroom – Examples from the field.

30. Presenter Alice Horn Executive Director NFTE South Florida

31. Best Practices A review of a youth entrepreneurship curriculum Key elements include: • Opportunity recognition • Economics of one unit • Business plan creation • Coaching by businesspeople • Hands-on, experiential learning connected to real market challenges

32. NFTE Student Experience • NFTE impacts students’ basic academic and life skills through a hands-on entrepreneurship curriculum that reinforcesmath, reading and writing, and develops skills in critical thinking, teamwork, communication anddecision-making • NFTE-trained teacher • NFTE textbook, workbook & supplementary materials • 80 classroom hours • Business plan development • Business plan competitions: class, regionals, nationals • Wholesale trip & selling event • Field trips to local businesses • Class speakers (entrepreneurs, business executives) • Mentoring

33. Teachers, teachers, teachers

34. Presenter Sylvia McKinney, Executive Director NFTE Philadelphia

35. The NFTE Pathway NFTE Program focus at each stage N F T E ’s C U R R I C U L U M Students develop a deeper understanding through mentoring & competition Students learn business practices through experiential modules Students learn through in-depth courses and learn to develop a business plan College/Post-SecondaryCurriculum MIDDLE SCHOOL EARLY HIGH SCHOOL LATE HIGH SCHOOL COLLEGE & BEYOND NFTE bridges the middle & high school experience through Summer BizCamps and online services NFTE offers e-Club, an after school opportunity for students to expand their entrepreneurial activity NFTE Alumni Networkwww.nftealumninetwork.com N F T E B E Y O N D T H E C L A S S R O O M

36. Improving College-Readiness for NFTE Students • Every NFTE program office is partnered with at least one community college and/or 4-year institution. • Our goal is to create formal articulation agreements (including dual enrollment) so NFTE students have seamless pathway from middle school to post-secondary education.

37. A Philadelphia Example • NFTE Philadelphia partners with • Temple University • The School District of Philadelphia • The Community College of Philadelphia • The Greater Philadelphia Compact for Science, Technology, Engineering & Mathematics

38. Greater Philadelphia Compact for STEM • Promotes education/ business/ government collaboration to create a diverse, STEM-literate workforce • Advocates for strong K-20 STEM education programs. • Articulates policies to support STEM. • Shares research and data.

39. Young Entrepreneurs

40. Presenter Amy Rosen President & CEO Network for Teaching Entrepreneurship (NFTE)

41. Helping You Meet WIA Goals Youth entrepreneurship education can help you meet: • Increased # of young people entering employment, training or the military • Increased # attaining high school diploma or GED • Increased # attaining specified levels of literacy and numeracy

42. Call to Action Youth entrepreneurship education is workforce development! We can and should work together to improve the lives of the young people we serve.

44. Question and Answer Period Please enter your questions into the Chat Room!

45. Resources Youth entrepreneurship resources: Ten9Eight (documentary film): • www.ten9eight.com Consortium for Entrepreneurship Education: • www.entre-ed.com National Association for Community College Entrepreneurship: • www.nacce.com Network for Teaching Entrepreneurship: • www.nfte.com Youth Entrepreneurship Education in America: • http://www.aspeninstitute.org/publications/youth-entrepreneurship-education-america-policy-makers-guide

46. Speakers’ Contact Information Sylvia McKinney Exec. Director, NFTE Philadelphia Sylvia.mckinney@nfte.com (215) 204-5989 Alice Horn, Exec. Director, NFTE South Florida Alice.horn@nfte.com (305) 605-1141 Amy Rosen President/CEO Network for Teaching Entrepreneurship • www.nfte.com • Amy.rosen@nfte.com • (212) 232-3333, x 330 Daniel Rabuzzi, NFTE

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