Why should Parents and Teachers care about youth entrepreneurship and entrepreneurship education?

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All parents want their children to do well in school, make good grades and be prepared for the world after school ends. It is for those reasons and many more that parents should care about youth entrepreneurship and entrepreneurship education.

According to a report by the D.C. Children and Youth Investment Corporation, “Logic Models & Outcomes for Youth Entrepreneurship Programs” (2001), there are myriad benefits to youth entrepreneurship education.

Among these benefits are:

  • Improved academic performance, school attendance and education attainment
  • Increased problem-solving and decision making abilities
  • Improved interpersonal relationships, teamwork, money management, and public speaking skills
  • Job readiness
  • Enhanced social and psychological development (self-esteem, ego development, self-efficacy)

According to the National Foundation for Teaching Entrepreneurship (NFTE) there are additional benefits to entrepreneurship education including:

  • Interest in attending college increased by 32%
  • Occupational Aspirations increased by 44%
  • Leadership behavior increased by 8.5%

For all these reasons a group of dedicated parents, teachers and volunteers have pitched in to help a group of teen entrepreneurs launch the first Startup Weekend event exclusively for teens.

This event will be a weekend of creativity, business building and education that will conclude with groups of teens presenting their business ideas to a panel of entrepreneurs and investors. Think of an educational Shark Tank, with a nicer, teen-friendly group of investors on the panel.

The event will be held the weekend of November 15-17, 2013 at the WESST Enterprise Center. Sponsors include, New Mexico Angels, PNM, Intel, WESST and Leverage Legal Group. Cost is $39.95 with scholarships available.

Please introduce this event to your student or teenager. Teenalbuquerque.startupweekend.org