Introduce Americas Youth to the Importance of Entrepreneurship and Make an Investment in Americas Fu

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Are there entrepreneurs in your classroom?
NFIB Young Entrepreneur Foundation
Consortium for Entrepreneurship Education FORUM

Charleston, SC November 5, 2007
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Who is NFIB?

• The National Federation of Independent Business
  (NFIB) is the largest small- and
  independent-business advocacy group in the
  country
• NFIBs mission is to promote and protect the
  right of its members to own, operate and grow
  their businesses
  
• NFIB created the Young Entrepreneur Foundation to
  promote the principals of small and independent
  business to Americas youth

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What is YEF?

• 501(c)3 organization serving as the education arm
  of the National Federation of Independent
  Business (NFIB)
  
• Educating young people about the critical role of
  small business and the American free-enterprise
  system
  
• Helping students interested in small business and
  entrepreneurship further their education
  
• Promoting the lessons of free enterprise in the
  classroom through a variety of programs
  

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Young Entrepreneur Foundation Staff

• Hank Kopcial Executive Director
• Chantel Bartlett Program Manager
• (Young Entrepreneur Awards)
• Julie Carney Program Manager (Entrepreneur-in-th
  e-Classroom)

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Why is entrepreneurial education important?
Studies show that 6 out of 10 young Americans
want to be in business for themselves
VISA/NFIB survey of educators and guidance couns
elors found that the entrepreneurial spirit is
alive in students Most students dont know where
to go for advice on turning ideas into reality
64 felt high schools should offer basic how to
classes on starting a business
Kauffman Center for Entrepreneurial Leadership f
ound that 85 percent of students said they were
taught little or nothing about how business
works
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Are there entrepreneurs in your classroom?What
can you do to help bring out the entrepreneurial
spirit in your students?
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YEF Programs

• NFIB Entrepreneur-in-the-Classroom
• Johnny Money The Online Game
• Take Time to Teach (T3) Mentoring
• NFIB Young Entrepreneur Awards (scholarships for
  high school seniors)
  

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NFIB Entrepreneur-in-the-Classroom(EITC)

• Three-module curriculum written by YEF George
  Washington University for use in high school
  classrooms
  
• Module One - Explores small business and its
  importance to the US economy
  
• Module Two - Discusses the characteristics of an
  entrepreneur and how to turn an idea into a
  business
  
• Module Three - Reviews the basics of how to start
  a business
  
• Each module includes teacher notes, lesson plans,
  overheads, activities, and a quiz/answer key
  
• Interested educators/teachers register for FREE
  with YEF in order to
  
• download and use the curriculum
• EITC is designed for any classroom and any
  teacher, regardless of discipline.
  
• Visit us online at www.NFIB.org/eitc

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EITC (continued)

• Johnny Money The Online Game
• Small-business simulation game allowing teens to
  explore the risks and rewards of business
  ownership
  
• Designed to reinforce lessons learned from the
  Entrepreneur-in-the-Classroom curriculum
  
• Simulates running a small business where the
  student makes day-to-day decisions affecting the
  success of their business
  
• Available early 2008
• www.johnnymoney.com
• Take Time to Teach (T3) Mentoring Program
• Created to help teachers become comfortable
  teaching entrepreneurship in their classrooms
  
• T3 matches NFIB members with local educators to
  assist the introduction
  
• of EITC into schools

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NFIB Young Entrepreneur Awards

• NFIB Young Entrepreneur Award is a merit-based,
  1,000 non-renewable scholarship
  
• Applied to educational expenses at any
  accredited, nonprofit two- or four-year college,
  university or vocational/technical school in the
  US
• Eligibility high school seniors entering
  his/her freshman year
  
• Should have entrepreneurial spirit and
  initiative starting a business, participation in
  organizations such as DECA, Future Business
  Leaders of America (FBLA), and Junior
  Achievement
• An established business is not required

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NFIB Young Entrepreneur Awards

• Apply online November 12, 2007February 11, 2008
• Visit www.NFIB.com/YEA to apply
• ACCESS KEY NFIB
• After February 11, 2008, an impartial committee
  will choose a group of semi-finalists
  
• Semi-finalists will be notified by email at the
  end of the February
  

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NFIB Young Entrepreneur Awards

• Semi-finalist applicants will be required to
• Submit a typed 1,000 word essay
• High school transcripts
• NFIB member nomination
• Semi-finalist materials postmarked by March 28,
  2008
  

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Promote Entrepreneurship to the Next Generation
of Small-Business Owners

• How can you help?
• Deliver application packets to your high schools
  
  
• Talk to your local school boards about
  entrepreneurial education
  
• Utilize the FREE EITC curriculum in your
  classroom
  
• Participate in the T3 program
• Identify students eligible for an Award and
  encourage them to apply
  

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For more information regarding the NFIB Young
Entrepreneur Foundation Visit www.NFIB.com/yef
E-mail YEF at yef_at_NFIB.org Call 1-800-552-63
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