NFTE Philadelphia hopes to provide business mentors to our young entrepreneurs. With the proper guidance from these coaches, our students will have access to the expertise necessary to turn their creative ideas into a real business.
What is the issue, problem, or challenge?
Students in underserved Philadelphia schools often have a great idea for a business, but don't have any idea of how to actually go about bringing that idea to life. Regular school classes don't teach youth the fundamentals of business creation. In most cases, student don't have access to the advice that could help them advance their ventures. Though the NFTE program teaches students to think in an entrepreneurial mindset, that only goes so far in starting a new business.
How will this project solve this problem?
With the help of local entrepreneurs who have experience starting and running their own enterprises, NFTE Philadelphia students will have access to the expertise that could otherwise derail their business ideas. Funds will go towards classroom projects and seminars from the volunteers, as well as the costs of special coaching sessions between our young entrepreneurs and their assigned mentors. Students will be able to use their mentors' advice in the creation of their own business plans.
Potential Long Term Impact
By working to keep at-risk students engaged in their school work, NFTE spurs its participants to graduate high school and dare to dream of a brighter future. Whether they pursue higher education, enter the workforce, or start their own business, NFTE instills an entrepreneurial mindset in young people so they can plan for success. Since 1987 NFTE has worked with over 500,000 students across the U.S. and around the world.
This project has been retired and is no longer accepting donations.
Every microproject is intended to use the donations it receives in accordance with its stated description; however, it is important to provide project leaders with the flexibility to maximize the potential benefit from the donations they receive. This means that your donation may be used as a part of the main project that supports this microproject, specifically Help Kids Be the CEOs of Their Futures. In this event, the project leader is required to post an update to the microproject detailing the results and reasons behind this change.
If you or any other donor is unhappy with the way their funds have been used, he or she can reallocate their donation using the GlobalGiving guarantee.