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Lincoln County, Oregon Youth Entrepreneurship Program

Lincoln County, Oregon Youth Entrepreneurship Program. Desired Outcomes: 1. Students learn about starting businesses and write their own business plan 2. Create School Based Enterprises for real business experiences 2005: Kayak Rentals and Guided Tours 2006: Bicycle Rentals.

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Lincoln County, Oregon Youth Entrepreneurship Program

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  1. Lincoln County, Oregon Youth Entrepreneurship Program • Desired Outcomes: • 1. Students learn about starting businesses and write their own business plan • 2. Create School Based Enterprises for real business experiences • 2005: Kayak Rentals and Guided Tours • 2006: Bicycle Rentals

  2. History of Lincoln County Youth Entrepreneurship • Spring 2005: First Entrepreneurship class at Waldport High School • Curriculum • National Foundation for Teaching Entrepreneurship (NFTE) • Rural Entrepreneurship through Action Learning (REAL) • Open to all grade levels. Preference given to: • junior and senior students • students from low income households • Results: • Entrepreneurship instruction • Students wrote a business plan or worked on the school based enterprise, the Kayak Shack

  3. History of Lincoln County Youth Entrepreneurship • Summer 2005: Waldport Outdoor Adventures/WHS Kayak Shack Opens • Offers • Kayak rentals • Guided tours • Open June through August, times based upon tides • Liability insurance through school district • Start up costs covered by grants • Administered by volunteers, AmeriCorps*VISTA, Rural Community School • Results: • $12,000 profit • 6 student summer jobs • Positive customer evaluations • Community support

  4. History of Lincoln County Youth Entrepreneurship • Fall 2005: Second entrepreneurship class at WHS • New instructor. Position funded by WHS • Full year class • Class still in progress • Lessons Learned: • Class works best if allow for one full year to instruct and write plans • Students need to write plan while receiving instruction to make connections between material and their business • Full time instructor is important • When creating a school based enterprise • Create partnerships • Identify supervisor for the project

  5. Partners for WHS Kayak Shack • Operated by Waldport High School Young Entrepreneurs Striving to Strengthen the Economy of South Lincoln County • Oregon Coast Community College Small Business Development Center • Lincoln County School District • Waldport Rural Community School Partnership • AmeriCorps and AmeriCorps*VISTA • Port of Alsea • Trust Management Services • Ford Family Foundation • City of Waldport • Waldport Chamber • Local businesses and individuals • Friends of the Kayak Shack

  6. Future Plans • Strengthen existing program • Create second SBE • Possible expansion of program: • Younger students • Other areas in Lincoln County Connection to Entrepreneurship Development System • Our program is very new, so we are working on this aspect. • Prospect for loans to students through revolving fund set up by local banks • Culture: • participants beginning to promote entrepreneurship to other students • Waldport community support for young entrepreneurs

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