Miami Schools Teach Entrepreneurship

National Foundation for Teaching Entrepreneurship Funds Programs in Miami Schools

This summer, 126 students from Miami Schools entered a six-week training session and contest to learn about entrepreneurship. Funded and managed by the National Foundation for Teaching Entrepreneurship, the six-week session in the summer is to teach students how to create a business plan, how to fund start-up, and then how step the idea of real business people. The twelve best plans to compete in the National Foundation for Teaching Entrepreneurship Macy’s 2006 Business Plan Competition. Only one winner will represent Florida in New York in October, with the chance to win $ 10,000.

The system of schools in Miami are some of the highest dropout rates in the state of Florida. One of the main reasons that students may be bored and do not see how their school work relates to the real world. The National Foundation for Teaching Entrepreneurship contest shows how owning a company deals with math and reading. This gives a meaning and relevance to education. A study by the Harvard Graduate School of Education found that students exposed to entrepreneurship classes are more interested in education are more likely to attend college and more likely to participate in independent reading with their peers.

New National Foundation for Teaching Entrepreneurship Programs in Miami Schools

The National Foundation for Teaching Entrepreneurship, in the next two years, programs in 20 schools in Miami as the program that is accessible via and about 3400 secondary school students. Some schools offer more than just the summer contest, but integrated into the curriculum. A business lawyer in Miami and one of the judges who helped select the finalists, emphasized the issues related to insurance and salary employees. These are the same issues to be addressed with real entrepreneurs. Several of the students from schools in the Miami program had actually tried to start a business. A student in the competition, Steve Rodriguez, has created X-Pak, a company that sells backpacks cord that may occur in the form and color the client wants. Sixteen years old, is an aspiring engineer who wants to go to MIT. Confident that word of mouth marketing to take your business success. Her partner is her mother who does the sewing and shares half of the profits.

Another student in the competition, Elise Lawrence, has created a plan for a company called Imagine Art. This sophomore in high school business plan regarding the creation of an online art gallery, won points with the judges for his creative use of the structure of an S corporation, allowing it to reflect the benefits of societies in their personal tax return.

National Foundation for Teaching Entrepreneurship

National Foundation for Teaching Entrepreneurship was founded in 1987. National Foundation for Teaching Entrepreneurship was started by a former teacher and businessman, Steve Mariotti. National Foundation for Teaching Entrepreneurship program of Miami School aims to prevent dropout and improve academic performance among students who were at risk of failing or quitting school. Mr. Mariotti used his business knowledge to help connect low-income students, giving them the opportunity to learn about entrepreneurship, their innate “street intelligence” can easily become “academic intelligence” and “business intelligence” . Through entrepreneurship, youth discover that what they are learning in the classroom is important for the real world.