The Young Entrepreneur Fund
A team for National Youth Rights Association
The Young Entrepreneur Fund" a team fundraiser to help the United States Youth Chamber of Commerce.
According to the U.S. Department of Labor, nearly 80 percent of would-be entrepreneurs in the United States are between the ages of 18 and 34! A 2005 poll from Junior Achievement found that 68.6 percent of the teenagers interviewed wanted to become entrepreneurs, even though they knew that it would not be an easy path. In spite of this overwhelming interest, however, youth rarely receive any information about entrepreneurship as a career option. Entrepreneurship education offers a solution. It seeks to prepare people; particularly youth, to be responsible, enterprising individuals who become entrepreneurs or entrepreneurial thinkers by immersing them in real life learning experiences where they can take risks, manage the results, and learn from the outcomes.
Through entrepreneurship education, young people learn organizational skills, including time management, leadership development, and interpersonal skills, all of which are highly transferable skills sought by employers. According to the Logic Models and Outcomes for Youth Entrepreneurship Programs (2001), a report by the D.C. Children and Youth Investment Corporation, showed other positive outcomes include:
Improved academic performance, school attendance; and educational attainment
o Increased problem-solving and decision-making abilities
o Money management, and enhanced social psychological development
o Job Readiness