The Network for Teaching Entrepreneurship (NFTE) provides programs that inspire at-risk young people to stay in school, recognize business opportunities, and plan for successful futures. $100,000 will fully support all entrepreneurship class supplies for 1,000 students.
What is the issue, problem, or challenge?
The U.S. is experiencing a drop-out crisis. Every 29 seconds an American youth drops out of high school - that's 7,000 young people per day or 1.2 million each year. One-third of all high school students, and nearly half of all African American and Latino youth, do not graduate. The individual and societal effects of this crisis are staggering: over their lifetimes, on average, high school graduates earn $300,000 more than drop-outs. College graduates earn an additional $1 million.
How will this project solve this problem?
Over 80% of young people say they would not have dropped out if school were more relevant to real life. NFTE meets that need, providing life-applicable learning that engages young people and keeps them in school. We show students why math, writing, reading and research skills are important, using a hands-on approach that incorporates all of these skills into the development of a business plan. NFTE helps students see their futures - including the importance of graduating - in a positive way.
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 almost 500,000 students across the U.S. and around the world.
Total Funding Received to Date: $6,529
Remaining Goal to be Funded: $93,471
Total Funding Goal: $100,000