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Craig Schroeder Senior Associate Engaging Entrepreneurial Young People February 21, 2008 Indiana HTC Academy

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Craig SchroederSenior Associate

Engaging Entrepreneurial Young People

February 21, 2008

Indiana HTC Academy

Agenda:

Making the CaseEngaging ‘E’ Young PeopleSystem for Youth EngagementModels and ResourcesNext Steps for Your Community

Critical Issues

Generational Wealth Transfer

Historical Youth Out-Migration Trends

Loss of Farms, Industry and Small Businesses

Erosion of Leadership and Civic Capacity

Gallup Poll Results

Seven out of 10 (69%) high-school students are interested in starting their own business, but 86% rated themselves as very poor to fair on their knowledge of business and entrepreneurship.

85% of these students thought it was important or very important to receive entrepreneurship education in schools.

Gallup Organization, Inc. 1994

Sampling of Youth Survey Results

  

Plan toAttend College

Desire to Return Home

Want toOwn Business

OwnBusiness Now

         

Atkinson Pop. 1380

96% 66% 57% 14%

O'Neill Pop. 3,852

98% 55% 64% 12%

Stuart Pop. 650

100% 66% 60% 14%

Survey of all high school (9-12) students, 2005-06

Survey QuestionsCambridge

Pop. 1,041McCookPop. 7,994

ColumbusPop. 20,971

Garden County

Pop. 2,292

Rate your community (1-10) 6.6 5.3 5.1 6.2

Interested in owning your own business in the future? 47% 41% 43% 51%Have a business right now? 17% 9% 7% 19%Picture yourself living in the area in the future? 47% 48% 49% 49%

More Youth Survey Results

Survey of all JH and HS (7-12) students, 2007

New Opportunities– Entrepreneurship– Information Technology– Biotechnology

Youth Perspectives– Family and Community– Quality of Life and Civic Engagement– Entrepreneurship – a preferred career path

Youth Are Critical to Rural Vitality!

3:1 positive impact upon population Long-term business and career goals Educated workforce for expanding businesses Substantial consumers of goods and services New energy, skills, ideas and resources Support and use public institutions Retention of local generational wealth

Targeting Youth “E” Talent…Youth currently in your community may well represent your greatest resource for

economic growth and community sustainability.

The challenge is to: engage these youth, equip them with the skills and knowledge

to be successful, and then support them and their

enterprising ventures.

Exercise:

Youth Engagement

Community Capacity Questionnaire

How do communities involve youth?

Do to Youth Do for Youth Do with Youth

Skateboard Zoning

Trash Cleanup

Focus on Stars and Ignore Other Youth

Teen Center

College Scholarships

Tell Youth the Right Way to Do Things

Youth Events

Decision Making

Listen and Support Youth Discovery

Tools for Youth Engagement

Listening and encouraging by adults Scholarships and apprenticeships Personal finance education Micro-lending fund Business incubator and support services Peer networks and adult mentors Generational Business Transfer

Identifying E-Youth May not immediately come to mind Can be introverted to very engaging Creative and enjoy experimenting May find them in the workshop or craft room May not be high academic achievers Often have one or more micro-businesses May talk about markets more than sports, etc. Usually know they are wired differently (1:10)

Young Adult ‘E’ Indicators Own a business or express this desire Have a micro-business on the side Might find them drawing ideas on napkins Engaged in creative hobbies – talent or gift May be involved in non-profit or civic roles Taking a marketing class at an area college Come up with creative ways to solve problems May have put their dream on the back burner

Community Support of

Youth & Enterprises

Entrepreneurial Education &

Career Development

Youth Involvement & Leadership in Community

Engage

Equip

Support

Youth Engagement System

Models…

…Putting All the Pieces Together!

Indiana Success Story

KnoxCounty

Valley County

Two HTC Case Studies…

KnoxCounty

Case Study #1:

Thinking Outside the Box Event

Youth Chamber of Commerce

Inventors Club

Community Foundation

Leadership QuestBusiness

Project

Group Project

Individual Project

Community Focused

11th Grade Summer E-ship

Program

Nebraska Business Development Center

Community College Campuses

Host Communities

Invitation to Get Involved!

Valley County

Case Study #2:

Ord’s Young Entrepreneur Fair

The Vision: 100’s of Young

Entrepreneurs!Nancy Glaubke

Business Development Coordinator

Resources: Innovation Center

Tool Kit for Youth & Adults In Charting Assets & Creating Change(Formerly part of National 4H Council)

www.theinnovationcenter.org Consortium for Entrepreneurship Education

Clearinghouse of entrepreneurship education resourceswww.entre-ed.org

The Rural School and Community TrustResources for rural schools and community-based learning

www.ruraledu.org EntrepreneurShip Investigation (ESI)

Project oriented curriculum for middle-school age youth4h.unl.edu/esi

Local Resources:TeachersYouth Program LeadersYoung AdultsSuccessful EntrepreneursParents and GrandparentsService ProvidersVolunteers

Mobilizing the Community

Find Several Champions

Engage School Administration Early

Look for Youth Organization Partner(s)

Core Mobilization Team:Youth and Young Adults

School Administration and Key FacultyYouth Organization Leaders

Vehicles to Consider

4H

Jr. Achievement

FFA, FCCLA, FBLA, DECA

Young Adult Groups

Community Organizations

Center Resources

Center for Rural Entrepreneurship www.energizingentrepreneurs.org

RUPRI www.rupri.org

[email protected]