Network For Teaching Entrepreneurship (NFTE)
NFTE teaches skills relevant to the real world, motivating students to stay in school. Students learn to recognize opportunities for success all around them, and graduate with the necessary presentation, leadership, and problem-solving skills for continuing their education and contributing to the economy by either running their own businesses or joining the workforce. The strong financial literacy skills that students learn help them to make and manage money.
The entrepreneurial mindset is the set of attitudes, skills, and behaviors that students need to succeed academically, personally, and professionally. These include: initiative and self-direction, risk-taking, flexibility and adaptability, creativity and innovation, critical thinking and problem solving.
Entrepreneurship education is the fundamental tool for creating an ongoing cycle of learning and innovation that will bring sustainable job creation and re-creation. Young people face historic increases in joblessness, an unemployment rate that is three times higher than that of adults, and a rapidly shifting economy.
Technology and capital are driving this economic change. As a result, the global economic crisis itself is driving change. Success is increasingly defined as the ability to build, scale and adapt a business quickly in the digital world. Entrepreneurship education is a tool that can equip young people to not only start businesses and create jobs, but also to be opportunity- focused, flexible employees ready to fill existing jobs.
NFTE fosters the creation of businesses and the development of an adaptable, driven and opportunity-focused workforce that ultimately promotes economic stability. External research has shown that NFTE graduates start and maintain businesses at substantially higher rates than their peers. Other research findings indicate the following trends:
- Increased interest in attending college
- Greater occupational aspirations
- Improved scores in independent reading
Our program model is classroom-based with entrepreneurship curricula that teach important career ready skills in the context of building a business plan. Our project-based learning lessons and experiential classrooms further provide students the opportunity to develop an entrepreneurial mindset that supports their ability to solve complex problems, recognize opportunity and understand the value of assessing and taking calculated risks. Programs are rigorous, experiential, and vital to students’ futures, and volunteers from local businesses share their expertise in our classrooms. At the end of the course, the students have a chance to compete for seed capital through a series of business plan competitions, from their classroom, to Regionals, to NFTE’s national competition.
This program is Highly Academic - During a semester or year-long class at school, a NFTE-certified teacher guides students through one of our curriculums: Entrepreneurship: Owning Your Future or Exploring Careers for the 21st Century. Lessons include the concepts of competitive advantage, ownership, opportunity recognition, marketing, finance, and product development - and all tie back to core math and literacy skills.
For more information about the Network for Teaching Entrepreneurship, click here