Introduce America

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Are there entrepreneurs in your classroom?
NFIB Young Entrepreneur Foundation Consortium
for Entrepreneurship Education FORUM Norfolk,
Virginia November 6 10, 2009
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Who is NFIB?

• The National Federation of Independent Business
  (NFIB) is the largest small- and
  independent-business advocacy group in the
  country
• NFIBs mission is to promote and protect the
  right of its members to own, operate and grow
  their businesses
• NFIB created the Young Entrepreneur Foundation to
  promote the principals of small and independent
  business to Americas youth

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What is YEF?

• 501(c)3 organization serving as the education arm
  of the National Federation of Independent
  Business (NFIB)
• Educating young people about the critical role of
  small business and the American free-enterprise
  system
• Helping students interested in small business and
  entrepreneurship further their education
• Promoting the lessons of free enterprise in the
  classroom through a variety of programs

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Young Entrepreneur Foundation Staff

• Hank Kopcial Executive Director
• Julie Carney Senior Program Manager
• Kate Vislay Executive Assistant

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Why is entrepreneurial education important?

• Studies show that 6 out of 10 young Americans
  want to be in business for themselves
• VISA/NFIB survey of educators and guidance
  counselors found that the entrepreneurial spirit
  is alive in students
• Most students dont know where to go for advice
  on turning ideas into reality
• 64 felt high schools should offer basic how to
  classes on starting a business
• Kauffman Center for Entrepreneurial Leadership
  found that 85 percent of students said they were
  taught little or nothing about how business works

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Are there entrepreneurs in your classroom?What
can you do to help bring out the entrepreneurial
spirit in your students?
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YEF Programs

• NFIB YEF Educational Programs
• Entrepreneur-in-the-Classroom Curriculum
• Johnny Money The Online Game
• NFIB Young Entrepreneur Awards (scholarships for
  high school seniors)

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Entrepreneur-in-the-Classroom (EITC)Curriculum

• Three-module curriculum written by YEF George
  Washington University for use in high school
  classrooms
• Module One - Explores small business and its
  importance to the US economy
• Module Two - Discusses the characteristics of an
  entrepreneur and how to turn an idea into a
  business
• Module Three - Reviews the basics of how to start
  a business
• Each module includes teacher notes, lesson plans,
  overheads, activities, and a quiz/answer key
• Interested educators/teachers register for FREE
  with YEF in order to
• download and use the curriculum
• EITC is designed for any classroom and any
  teacher, regardless of discipline.
• Visit us online at www.NFIB.org/eitc

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YEF Programs (continued)

• Johnny Money The Online Game
• Small-business simulation game allowing teens to
  explore the risks and rewards of business
  ownership
• Designed to reinforce lessons learned from the
  Entrepreneur-in-the-Classroom curriculum
• Simulates running a small business where the
  student makes day-to-day decisions affecting the
  success of their business
• Currently there are over 3,800 high school
  teachers across the United States using the game
• Over 124,000 virtual businesses have been created
  (as of October 28, 2009)
• www.johnnymoney.com
• Visit us online at
  www.NFIB.org/eitc

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JMOG Leader Board
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NFIB Young Entrepreneur Awards

• NFIB Young Entrepreneur Awards are merit-based,
  renewable and non-renewable scholarships
• Applied to educational expenses at any
  accredited, nonprofit two- or four-year college,
  university or vocational/technical school in the
  US
• Eligibility high school seniors entering
  his/her freshman year
• Should have entrepreneurial spirit and
  initiative starting a business, participation in
  organizations such as DECA, Future Business
  Leaders of America (FBLA), and Junior Achievement
• An established business is not required

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NFIB Young Entrepreneur Awards

• Apply online October 15, 2009 December 15, 2009
• Visit www.NFIB.com/YEA to apply
• ACCESS KEY NFIB
• By January 31, 2010, an impartial committee will
  choose a group of semi-finalists
• Semi-finalists will be notified by email by the
  middle of February, 2010

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NFIB Young Entrepreneur Awards

• Semi-finalist applicants will be required to
• Submit a typed 1,000 word essay
• High school transcripts
• NFIB member nomination
• Semi-finalist materials postmarked by March 16,
  2010

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Promote Entrepreneurship to the Next Generation
of Small-Business Owners

• How can you help?
• Deliver application packets to your high schools
• Talk to your local school boards about
  entrepreneurial education
• Utilize the FREE EITC curriculum and the Johnny
  Money Online Game in your classroom
• Identify students eligible for an Award and
  encourage them to apply

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• For more information regarding the NFIB Young
  Entrepreneur Foundation
• Visit www.NFIB.com/yef
• E-mail YEF at yef_at_NFIB.org
• Call 1-800-552-6342