Teaching youth to build businesses
A NFTE-UK case study

Page 1: Introduction

Many people dream of owning their own business and being their own boss, but most hesitate to take the plunge. Like them, you may worry that you don't have enough money, time, or experience to operate your own small business. Michelle Araujo insists there is always time, as a single mother and full-time college student. Michelle should know, because at 19 she started her own business while...
Read full page

Page 2: NFTE's vision

NFTE’s vision is to foster economic self sufficiency among children/teens in need worldwide. Its mission is to provide excellent curriculum, teacher certification and alumni/graduate support.  Educational research shows people learn best when introduced to new ideas in a meaningful context. If they can see the value of what they are learning and relate it to their own interests, their...
Read full page

Page 3: NFTE in the UK

NFTE fits well with recent educational and social developments in the UK. The curriculum in UK schools now places stronger emphasis on vocationalism, preparing young people for adult responsibilities and working life. A range of vocational subjects is taught, with business proving one of the most popular options. NFTE-UK maintains that universal entrepreneurial literacy is an essential...
Read full page

Page 4: The structure and function of NFTE-UK

NFTE-UK's vision is: ‘To provide every disadvantaged young person with the knowledge and confidence to achieve economic self sufficiency.’The social objectives of NFTE-UK are to: teach young people to build businesses prepare NFTE students to succeed in school and the workplace link educators, businesses and civic leaders to the lives of socially excluded young people support and...
Read full page

Page 5: Supporting learning

Rigorous scientific research methodology has been used to evaluate NFTE’s impact. Statistically successful participants in the NFTE scheme in the US show a significantly higher level of business understanding and ability than non-participants. Research from a control and experimental cohort shows that NFTE educated students learn 30 times more than non-NFTE students about critical business...
Read full page

Page 6: Conclusion

NFTE is not just about helping young people set up their own businesses. It also helps them to stand on their own feet, and become more productive and responsible in general society. It enables young people to take a more realistic view of the challenges they face in life and to develop the skills they need to succeed.The programme's directors argue that entrepreneurism teaches young people...
Read full page

Related: NFTE-UK
Case studies in Business Case Studies