Amy Rosen , President & CEO The Network for Teaching Entrepreneurship (NFTE)

1. Engaging Youth: The Power of EntrepreneurshipPhilanthropy Roundtable ConferenceKauffman FoundationMay 14, 2009 Amy Rosen, President & CEO The Network for Teaching Entrepreneurship (NFTE)

2. The Entrepreneurial Imperative “Entrepreneurship is America’s comparative advantage…We have an entrepreneurial imperative.” • Carl Schramm, The Entrepreneurial Imperative, ch. 1

3. Domestic Presence Program Offices • Baltimore • Bay Area • Chicago • Dallas • Fairchester • Greater Los Angeles • Greater Pittsburgh • Greater Washington, DC • New England • New York Metro • Philadelphia • South Florida Domestic Licensees • Atlanta • Cleveland • Fresno • Kansas • South Carolina Domestic Partners • Hartford, CT • Montezuma, NM • New Haven, CT • San Diego • Shreveport, LA

4. International Market: Grow Where We Are Belgium, Netherlands, Ireland, UK, Germany Bermuda China Israel India South Africa New Zealand

5. NFTE Snapshot • Students • Target Population: young people from low-income communities, ages 11 – 18 • 230,000 youth served since 1987 • FY 2008 Actual: 44,679 students (25% increase over FY07) • FY 2009 Goal: 48,524 students (9% increase over FY08) • Teachers • FY 2008 Actual: 806 trained; 1,313 active • FY 2009 Goal: Train 384 new teachers; retain active corps of 1,531 teachers • Curriculum • Pearson Prentice Hall Partnership: 3 books to be published in 2009 and 2010 • Pearson Learning Solutions: Launching BizTech 3.0 summer 2009. • Operations • 12 domestic program offices • Active programs in 21 states and 11 countries

6. Research & Evaluation: Results Harvard Graduate School of Education(Research Focus: Academics/School) • Interest in attending college increased 32% • Occupational aspirations increased 44% • Independent reading increased 4% • Locus of control (belief that attaining one’s goals is within one’s own control) increased 3.1% • Entrepreneurial leadership increased 13.2% Brandeis University (Research Focus: Business Knowledge/Formation) • Participation in a NFTE program increases: • Business knowledge by 20 times • Business formation rates by 30 times • In a follow-up survey NFTE alums reported: • 70% were in post-secondary education • 43% had part-time jobs; 20% had full-time jobs • 33% were still running a business (no min. income level assumed) Koch Foundation(Research Focus: Formation/Attitudes towards Business) • Nine in ten alumni said that NFTE increased their confidence to run a business • Minority business ownership experience was four times higher than comparison group • 99% of alumni would recommend a NFTE program

7. The Problem: Students Disengage • Almost one-third of all public high school students (and nearly half of all African Americans, Hispanics, and Native Americans) fail to graduate each year. • 81% said a major reason for dropping out was that classes were not relevant. ---Gates Foundation, The Silent Epidemic (2006)

8. The Problem: America is Losing Our Lead in Knowledge & Wealth Creation • We rank 25th and 24th internationally in high school math and science achievement. • We rank 1st in terms of expenditure per results on the international math comparison. • In short, we spend more and get less than our competitors. • The educational achievement gap between the U.S.A. and better-performing nations cost us $1.3 - $2.3 trillion in 2008 (= 9-16% of GDP). --McKinsey, The Economic Impact of the Achievement Gap in American’s Schools (2009)

9. YESG MEMBERS Shelby Cullom Davis Foundation

10. NFTE Film: Ten9Eight • Final version: May 1, 2009 • Screenings: • Oct.-Nov., 2009 • NY, Chicago, Washington DC, Miami, Los Angeles • Involve Templeton Foundation and other NFTE funders (Kauffman Fdn, OppenheimerFunds, Goldman Sachs, others) • Limited Theatrical Release: Possible one-week run in LA and NYC in summer or early fall, which makes the film eligible for all major awards competitions. • National Broadcast: (Discussing possibility with:) • HBO • SHOWTIME • BET • SNAG FILMS • WNET 13 for PBS common carriage