NFTE Washington Metro just complete our summer BizCamps, including one which was funded through your donations on GlobalGiving! Your contributions helped us bring our unique entrepreneurial mindset to 29 young entrepreneurs who registered for our two-week, full-day, intensive ‘mini-MBA’ program. Today’s youth need a mindset that equips them to recognize opportunity, take initiative, and innovate in the face of challenges. Our summer BizCamp serves as an entrepreneurship crash course, as students use their lessons imparted in the class to create their own business plan. Under the guidance of a certified NFTE teacher, these students broaden their horizons and strengthen their entrepreneurial ventures with the support of volunteers who lend their guidance with business development and financial advice. The camp was held at Howard University at the School of Engineering. Students got to take a trip to the offices of the local startup Snagajob, an employment search engine website. There they saw the hard work of establishing a new company firsthand while also getting the chance to meet with business mentors. These volunteers helped strengthen the students’ new entrepreneurial ventures with personal knowledge and expertise. At the end of the program the lessons from the class and the business mentors fueled each participants’ business plan presentation. The winner of the pitch competition, receiving $1,500 in startup capital to help get her business off the ground, was Talia M. She developed Ambers, a wearable GPS device for children concealed discretely inside an earring. Your donations through the GlobalGiving platform went towards the costs associated with the field trips and the classroom materials for each student. Thank you again for your contributions to NFTE through the GlobalGiving platform! Along with our partners MasterCard and Coca-Cola, your contributions are helping students like Talia fully realize the potential of their entrepreneurial mindset. 29 new entrepreneurs in the nation’s capital are now ready to approach the world with their entrepreneurial mindset thanks to you.
Established in 1994, NFTE DC Region has been able to reach over 25,000 students since its founding, including 1,100 during the past school year. As the 2013-2014 school year gets underway, thanks to the generosity of donors like you on Microsoft’s Give For Youth platform, NFTE DC Region has funded nine new classrooms in seven new schools around the nation’s capital. Thanks to the incredible donations we received through Give For Youth, we were able to provide the NFTE program to Drew Freeman Middle School, Options Public Charter School, Sousa Middle School, Friendship Tech Prep Academy, Coolidge High School, Dubnar High School, and Washington Metropolitan High School. These classrooms represent almost 400 students who will now have access to entrepreneurial education, and the ability to choose their own pathway to success through NFTE.
Students use the NFTE curriculum to learn about return on investment, opportunity recognition, personal finance, sales and marketing, business ethics, and more. The funds from this project were used to train nine new NFTE certified teachers, provide materials for each classroom, and for key learning opportunities like field trips. The materials range from experiential team-building exercises to the award-winning curriculum, Entrepreneurship: Owning Your Future. Each of the nine new classrooms will also, at the end of school year, hold a classroom business plan competition. As part of the NFTE curriculum each student must, using the lessons learned throughout the course, formulate a business plan for a product or service they are passionate about. They then pitch their plan to a panel of judges in a classroom competition, with the winners advancing to face each other in the Regional Competition. With 400 new students in the mix this year, the NFTE DC Region will no doubt feature some great new youth businesses. Thanks again for your support through the Give For Youth platform.