Foróige s NFTE Programme Network for Teaching Entrepreneurship Working towards achieving Outcome 4: Economic Security and Opportunity
History of NFTE 2
NFTE Global Locations 3
Where we are in Ireland NFTE in Ireland NFTE Ireland is an all-island Programme 100 CETs (Teachers & Youth Workers) & 200 Business Mentors are involved in the programme 4
NFTE at a glance Over 9, 000 young people participated since 2004 Currently 1,000 young people engaged annually 70 sites / 16 Counties 250K turnover by 600 NFTE businesses in 2014/ 2015
Rationale for Entrepreneurship Education People must believe that they can achieve a particular goal before trying to accomplish it (Krueger, NF 2000) Provides a positive method of intervention to young people trapped behind barriers of social, economic and educational exclusion. By unleashing the innate spirit, using interactive experiential forms of teaching, learning and connecting the classroom with the workplace entrepreneurship education may be a factor in helping keep young people in school. It teaches young people about financial independence. Instils a fundamental life skill, they learn to invest in themselves and know they have options and to take responsibility for their futures.
Video 1 https://www.youtube.com/watch?v=maazut 3XYhs&feature=youtu.be 7
NFTE Ireland Mission: NFTE Ireland teaches entrepreneurship to young people in disadvantaged communities to enhance their economic productivity by improving their business, academic and life skills. Our Objectives: NFTE Ireland is committed to changing the lives of young people who live in low income communities by: Increasing school completion, college attendance and career aspirations Developing students interest in business to become future entrepreneurs and intrapreneurs Building self confidence and interpersonal skills Increasing Career aspiration 8
NFTE Programme Outcomes On completing the programme the desired outcomes for the participants are that they will be able to: Develop and sell a product based on market research. Develop the skills required in setting up their own business such as communication skills, marketing, sales, leadership and customer relations. Demonstrate the ability to keep accurate records for their business. Have the self- belief to carry their intention in to action. Develop a vision for their future. Demonstrate improved self- esteem, confidence and interpersonal skills.
How does NFTE work Manualised programme open to all 12 18 year olds in formal and non formal education settings Train the trainer two day training programme NFTE University Students are given a seed grant of 15 to start a business Supported by volunteers from the business community Students must operate a business including trading Students meet entrepreneurs and partake in sales events On completion students present their business plan to a panel of judges Business Plan competitions, National, International & European Culminates in the Youth Entrepreneurship Graduation & Awards Alumni Group / Summer Biz Camps / Scholarship
To graduate from NFTE. Students must: Complete NFTE Curriculum Come up with a business idea and sell their product/service Develop their business plan and pitch their business idea to a panel of judges Winners recognized at the NFTE All Island Youth Entrepreneur Awards NFTE Students can compete in the International NFTE competitions: Annual NFTE Global Awards, New York, March 2016. European Business Plan Competition, Brussels October 2015.
Why NFTE? Video 2 https://www.youtube.com/watch?v=hkm3lryp7ac 12
Why NFTE? NFTE is proven to*: NFTE students interest in attending college increased 32% over the course of the program (compared to a 17% decrease for the control group of non-nfte students) Occupational aspirations among NFTE students increased 44% (compared to only a 10% increase for non-nfte students) Leadership behaviour among NFTE students increased 8.5% as starters/founders of activities and 13.2% as leaders (compared to a 2.4% decrease and a 6.2% increase for non-nfte students, respectively) Harvard Graduate School of Education (2002-2004)
Why NFTE? NFTE is proven to*: 83% of NFTE alumni want to start their own business (compared to 57% of the control group). 36% of NFTE alumni have actually started a business (compared to 9% for the control group). 95% of alumni report that NFTE improved their business skills and knowledge and 99% of them would recommend the program to others. Koch Foundation (1998-99)
Why NFTE? NFTE is proven to*: Business knowledge increased 62% among NFTE students (compared to 3% of the control group) In a follow-up survey of alumni 70% were in post-secondary education, 43% had part-time jobs, and 20% had full-time jobs. Brandeis University (1993-97 and 2006-08)
NFTE Research Outcomes Small qualitative research piece conducted in 2012 with Trinity College. Results highlighted an: - Increase in accountancy abilities - Increased desire to study accountancy - Option for the future - Entrepreneurship Creating their own business increased: - Their level of responsibility and independence - Their ability to be in control - Their sense of independence from the acquisition of money The study highlighted that NFTE assisted them to develop their inner strengths and abilities that empowered them to take control of their lives and unlock their potential..
NFTE in Reports OECD Document 2010 & 2012 Shooting for the Moon: Good Practice in Local Youth Entrepreneurship Support and a 2 nd report Local Job Creation it was cited again as an example of: Created a culture of entrepreneurship Creation of further employment opportunities in the local area Allowed interaction with local businesses European Network of Youth Employment 2012 identified the NFTE Programme as a best practice programme. Programme was presented to their dissemination conference in Cyprus organised by the Ministry of Labour, ESF Unit. Irish Government Report on Entrepreneurship Forum 2014 re: Entrepreneurship In Ireland identified the programme as best practice.
Challenges: Funding Group dynamic
Any Questions on the NFTE Programme? 19
Potential that the National Youth Strategy might provide to NFTE Objective 7: Young people are better able to participate in the labour market through enhanced employability skills that complement formal learning and training qualifications and entrepreneurship opportunities. 20
Potential that the National Youth Strategy might provide to NFTE Government Policy Recognition of Youth Work Sector Government/Public Body engagement Funding lines 21
How can the strategy support you in achieving Outcome 4: Economic Security and Opportunity? 22
Objectives for Outcome 4: Economic Security and Opportunity Objective 7: Young people are better able to participate in the labour market through enhanced employability skills that complement formal learning and training qualifications and entrepreneurship opportunities. Objective 8: Young people are a particular focus in policies that address social inclusion and poverty. 23
Discussion Points Group Work? Is your organisation/project currently working in the area of youth employment, employability, entrepreneurship etc. If no, do you see potential for your organisation to work in this area-what would be the biggest challenges? If yes, what has been your experience to date? Do you think the NYS and in particular the actions in Outcome 4 provide an opportunity for your organisation/project to work in this area? What practical actions will you take arising from the NYS document? 24
Conclusions from Workshop: 25
Bronagh Conlon NFTE Project Officer, Foróige Mobile: 086-4127319 Email: Bronagh.conlon@foroige.ie 26