Network for Teaching Entrepreneurship

1. Network for Teaching Entrepreneurship Headquarters

2. Marcia L. Tyler National Volunteer Director Welcome!

3. On the Agenda • Intro to NFTE • Organization overview • Program model & strategy • Volunteer opportunities • Local contacts • Next steps

4. Entrepreneurship Education: An Idea with Global Reach In 1982, after getting mugged by teenagers for $10, Steve Mariotti realized he had to help young people find a better way. Having been both a Ford Motor Company finance analyst and an import/export entrepreneur, Steve made a change and became a special education/business teacher in the New York City public school system. Teaching in notorious neighborhoods such as Bedford-Stuyvesant in Brooklyn and Fort Apache in the South Bronx, Steve’s greatest challenge was reaching and engaging his students. Frustrated one day, Steve went to what he knew best: sales. When he started talking that language by selling his watch to his class, the students were mesmerized. From this moment a unique insight was born: Entrepreneurship education connects learning to the real world and is particularly motivating for economically disadvantaged youth. In 1987, Steve founded the Network for Teaching Entrepreneurship to build on and share this insight to students across the country and around the world. "Our program transforms street smarts into business smarts.“ Steve Mariotti NFTE Founder

5. NFTE Today NFTE’s mission is to provide programs that inspire young people from low-income communities to stay in school, to recognize business opportunities and to plan for successful futures. Our vision is that all young people can be entrepreneurial leaders. 500,000 students served worldwide 5,000 teachers trained in 50 countries United States Atlanta Baltimore Bay Area Chicago Cleveland Dallas Fairchester Fresno Kansas Los Angeles Newark* New England New York City Philadelphia Pittsburgh South Carolina South Florida St. Louis* Washington DC International Belgium Chile China Colombia France* Germany India Ireland Israel Mexico* Saudi Arabia Singapore* * launch phase • $19 million budget • 475 active U.S. teachers; 800 active teachers overseas • Middle school, high school, community college and college level curriculums authored by NFTE Founder Steve Mariotti • High school curriculum awarded 2010 best math curriculum for grades 9-12 by AEP • Founded in 1987 • NYC Headquarters • Serves low-income young people ages 11-18 • 19 U.S. program sites • 12 international program sites 4

6. NFTE Global Footprint • To date, NFTE Global has served over 70,000 low-income youth, ages 11 – 18. • Curricula • Exploring Careers (grades 6-9) • Entrepreneurship (grades 9-12) • Locations • 19 US Program Sites • 12 International Program Sites • Partner Program Stats • 475 active U.S. teachers • 800 active teachers overseas • Volunteer Corps • 2500+ active volunteers • EY, MasterCard, Microsoft, E*Trade, Bank of America, Citi Foundation

7. NFTE’s Impact: The Entrepreneurial Mindset NFTE combines a powerful set of program components that reframe how young people approach their futures resulting in improved academic, career, business and life outcomes. Key Youth Entrepreneurial Mindset Attributes • The Mindset Results In • Improved attitudes toward and engagement in school • Increased educational expectations and interest in attending college • Increased occupational aspirations • Entrepreneurship knowledge and 21st century skill development • Better attendance and behavior • Improved test-taking, test scores, GPA and post-secondary application • Higher grade promotion rates • Demonstrations of self-efficacy • Entrepreneurial, opportunity-focused thinkers • High school graduation • Acceptance to and attendance at post-secondary institutions • Business formation • Gainful employment Can a student… self-start and operate independently in uncertain environments? define what makes a project, initiative successful? reframe problems as opportunities? demonstrate sustained motivation? learn from setbacks, pivot to adapted solutions? think beyond current time horizon, practice delayed gratification? disaggregate and solve problems in structured, logical manner? work effectively in teams as both a leader and a team-member? be comfortable with uncertainty and respond quickly to new information?

8. NFTE Core Program • Goals • Develop the entrepreneurial mindset in low-income young people • Teach entrepreneurial skills while reinforcing core academics and developing employability skills • Completion of a narrative business plan with associated financials • Competitive presentation of those plans with business/education grants as prizes • Provides NFTE teachers with ongoing professional development opportunities to refine their practice • Program Overview • NFTE Program is the full 65+ hour project-based entrepreneurship education program in a full year, half year, or 2-week camp setting • Four core units of learning (opportunity recognition, market research, promotion/sales and business financials) • Project-based learning activities is group based while the student output is an individual (or sometimes team of 2) business plan • Experiential games including innovation, trading, economics of one unit, marketing, magazine • Business plan competition and awards presentation • Capital deployment • Each student receives $25.00 as seed capital for the buying/selling activity • Each student keeps any and all profits made from the selling event • Award grants are given to three winners at the business plan competition • Impact/ Evaluation • Mastery on entrepreneurial concepts measured through formative and summative assessment • Entrepreneurial mindset development measured through pre-post assessment • NFTE’s Alumni Study shows that participation in NFTE increases: • Rates of school enrollment • High school diploma attainment • Rates of employment and income level • Rates of entrepreneurship, self-employment and income

9. Students learn through in-depth courses… MIDDLE SCHOOL EARLY HIGH SCHOOL LATE HIGH SCHOOL COLLEGE, OWN A BUSINESS & BEYOND how to develop a business. Student Experience

10. Volunteer Opportunities Volunteerism is critical to the success of NFTE’s programming. With the support of committed volunteers, the Network for Teaching Entrepreneurship (NFTE) is able to help young people connect their classroom learning to real-world experiences. Volunteers offer students new perspectives on the NFTE curriculum and their efforts have a direct, lasting influence on the personal and professional successes of our young people.

11. Volunteer Primary Roles • Guest Speaker Commitment: 1 day for approx. 3 hoursGuest speakers provide direct service to students in a group setting. They give students enhanced knowledge of being a business professional by sharing insights and experiences and responding to questions students may have. As business professionals and entrepreneurs, guest speakers add dimension to student learning by offering fresh perspectives, which connect the content to real-life business and career experiences. • Business Plan Coach Commitment: 3–4 months for approx. 4 hours per session  • Business plan coaches offer advice that not only aligns with the business plan model, but also nurtures the students’ • entrepreneurial spirit through encouragement and support of students’ ideas. The business plan coach advises students • on how to improve their business solutions and present their plans. Through small-group sessions the coaches assist • students with developing their ideas fully, focusing on areas they have difficulty understanding or articulating, and • helping them to present their ideas before an audience and a panel of judges. Business Plan JudgeCommitment: 1 day for approx. 3 hoursThe culminating event of every NFTE program is a competition. Through this opportunity, students present their business plans before an audience and a panel of volunteer judges. Judges, who are entrepreneurs and business professionals, offer students a realistic perspective of their plans by listening, asking questions, and evaluating each presentation. Judges help students practice critical thinking as they answer questions germane to their business plan and test students’ business literacy as they defend their business decisions. • Field Trip HostCommitment: 1 day for approx. 6 hours NFTE’s curriculum places great value on connecting classroom lessons to the real world. Field trips provide students a greater understanding of how a business operates by acquainting them with the mission, structure, and operations of a company or business. NFTE programs generally include three field trips: a visit to a wholesale store/district, an off-site event for students to sell their products, and an opportunity for students to visit a local business. Sometimes, field trips can be combined with business plan coaching sessions, where a host business provides information about operations/ management and then provides a group of volunteers to work with the students on developing their business plans.

12. Additional Volunteer Opportunities • Virtual • All Day Events • Summer • Alumni • Advisory Board In addition to the primary roles, program offices may offer additional ways for you to get involved.

13. Next Steps Our online volunteer system is secure and simple! Onboarding • Online volunteer application (http://www.nfte.com/pages/volunteer) • Online background check (free of charge and takes approx. 3 minutes) • In-person or online training for your volunteer role

14. Your Local NFTE Team

15. National Volunteer Director If you have questions about volunteering at our organization, please contact me, Marcia Tyler, at marcia.tyler@nfte.com or 212-232-3333 x312. Please contact your program office if you have specific questions about your volunteer position.

16. For becoming a volunteer at our organization… thank you! Enjoy your volunteer experience.