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JADE - European Confederation of Junior Enterprises -
STUDENTS FOSTERING ENTREPRENEURSHIP
Simona Lascu
VicePresident
October 2011
2
16 • Countries
180 • Cities
200 • Universities
280 • Junior Enterprises
20.000 • Students
16M • 16.000.000 euro European turnover
INTERNATIONAL COLLABORATION
JADE – European network of Junior Enterprises (with sister-Networks in Brazil and Asia)
which ensures their collaboration, communication and builds synergies, so that students can
gain international entrepreneurship experience.
Junior Enterprises?
Non-profit real-life businesses, established,
run and developed solely by students
alongside University
STUDENT ENTREPRENEURS
University support?
Office and phone-line;
legal advice on registering a business
Concept:
The enterprise operates like a real SME – the students own the business, acquire external projects,
generate revenue, practice what they learn in lectures and build social and professional networks.
The surplus on the activity is re-invested back into the development of the students
It is almost risk-free, as does not require large initial investment, does not generate debt, and is subject to
market forces. Students have the opportunity to learn from both: success and failure.
Success story:
Junior Enterprises exist since 1960s, some of the largest ones turn over more than 1.000.000 euro per
year, run up to 200 external commercial projects and engage up to 100 students
Facts and Figures:
-26% of the Junior Entrepreneurs start their
own business within the first 3 years after
graduation (EU avg 2009: 4%)
-- 83% of Top 100 FT Universities 2009 have
a Junior Enterprise
-- Junior Enterprise is best practice example
in EU Policies: Oslo 2006, EU 2020
STUDENT ENTREPRENEURS
Junior Entrepreneurs?
Business Model ?
Consulting?
Enterprises correspond to the field of study, but
projects can engage multi-disciplinary teams.
5
Being part of an international network
gives the students the opportunities to
Work in a multicultural
environment – to enhance
transferrable skills
Work on international projects and learn about
outsourcing and contracts
Attend business meetings all over Europe
Exchange knowledge and experience with Entrepreneurs
from other cities/ countries
Present to clients as a part of a big network
thus building trust and
confidence
Build their own confidence in negotiations,
presentations, public speaking
4th year, Entered a Junior Enterprise in ESADE Business School in Spain direct contact with real companies practical experience (“learning by doing”) • launched the company TOUCHLAND one year ago
(March 2010) and she has already managed to sell her product to big organizations
• 25 years old, and less than 5 years of experience, she is already one of the members of the CEO – Collaborative Forum.
• She is the youngest one of this network, in which 98% of the members are men.
Andrea LISBONA
Success Stories
Eric Hoefmans & Jeroen Hoogeveen Bridge between the Dutch and Chinese business communities 12enter (Shanghai) Europeans working together with Chinese young professionals www.12enter.com
Before entering a Junior Enterprise, no success in start-up • Entered JE • One of the clients of the JE
business idea • www.spreadshirt.com • Without any external financing • 300 people, 300,000 shop
partners worldwide • Internationally-renowned
European market leader in online merchandising
• Co-founded studiVZ one of Germany’s biggest websites
• 40 internet based companies
Lukasz GADOWSKI
ENTREPRENEURSHIP:
ON THE HOT SPOT
Focus: EDUCATION
• Global education strategies that highlight entrepreneurship – 2009-2010 by UNESCO,
World Bank, World Economic Forum, OECD, European Union
• Entrepreneurship modules, degrees and Doctorates – with associated research,
analysis and certification
Socio – economic trend:
• SMEs play a key role in innovation and crisis-exit agendas
• Employment alternatives and creation of social welfare
2000s: Entrepreneurship is sexy!
2010s: Entrepreneurship is necessary!
Controversy:
• Are the entrepreneurs the bad profit-driven guys?
• Are entrepreneurs born or developed?
•Is social entrepreneurship a PR strategy?
Primary and Secondary Education
Higher Education Employment in its variety
Entrepreneurship needs to be embedded in all disciplines across our lifetime
ENTREPRENEURSHIP:
WHY YOUNG PEOPLE BOTHER
“We are currently being prepared to undertake jobs that don’t yet exist”
“ We have tried everything – nothing
works… until we innovate and
create something new”
“Entrepreneurship is not a job description, it is a life-skill”
We are often called “the leaders of tomorrow”, and entrepreneurship develops
the skills that are needed by every leader regardless of their education
background:
-Critical thinking outside of the box – that generates freshness and innovation
-Responsibility for own decisions – and ownership over tasks, challenges and solutions
-Cultural awareness – and tolerance and team-work
-Self-confidence – knowing that we can and we should
-Resource awareness – saving and gaining
-Impact and efficiency drive – be cautions about the effects of our work and actions
-Solution-focus – attacking challenges as they come along
Students
Education Institutions
Policy
Employers / Investors
ENTREPRENEURSHIP:
STAKEHOLDER MATTERS
Funds/Modernisation
State of Art knowledge
Sound
strategic
approach
Enterprising
environment
Inspiration
Competitiveness
Multi-stakeholder partnerships:
- Create synergies and efficiency – and save resources
- Build sound overall systems of development
- Reduce the risk of failure
- Ensure overall satisfaction by all stakeholders
Ask th
e righ
t qu
estion
s!
Students as stakeholder in the equation:
- The responsibility should not be solely on institutions and companies,
but on students as well.
- The ones to provide feedback, be heard and contribute to the
entrepreneurship development
UNIVERSITIES BENEFITS
UNIVERSITY
Government support for
creative/new education
University Mission Branding
Business Cooperation
Students’ development
Extra benefits
The Junior Enterprise movement exists throughout the world:
16 European countries are members of JADE, the European
Confederation of Junior Enterprise
In South America, Brasil Júnior, the Brazilian Confederation, is
present all across the country
Several other initiatives around the globe.
If your Junior Enterprise is affiliated to the network, the University
increases its international exposure
International Students
Successful Junior Enterprises add to the image of their universities and
help to attract ambitious and entrepreneurial students from abroad.
The Junior-Entrepreneur can also gain international experience thanks to
the international nature of the Junior Enterprise Network.
…BRANDING
International Exposure
…BRANDING
Junior Enterprise is an example of best practice for practical education and
development under the Lisbon Strategy: governing strategy of EU in 2000-
2010.
“Facilitate the development of Junior Enterprises” is a key priority for
Education and Youth Framework of EU2020 – governing strategy of EU in
2010-2020.
JADE is a best practice of an intermediary organisation that brings
universities and businesses together under EU Oslo Agenda for
Entrepreneurship Education.
JADE is in the Steering Board of UNESCO Youth Committee for Higher
Education.
JADE is a stakeholder consultant for World Bank, World Economic Forum
and EU.
JADE has good relations with the European Commission.
International Recognition
STUDENTS’ DEVELOPMENT
Employability of students
The JE’s allow the student to acquire practical and professional
experience while in University.
It is proven that participation in a JE dramatically improves a
student’s career perspectives. 60% find work before ending their
studies.
Alumni have a significantly better career start after university and
continue to develop more successfully in the long-term than their
peer average without JE experience.
21% of the Junior Entrepreneurs end up starting their own business
within the first 3 years after graduation. (EU average 4-8 %)
Student’s commitment to University life
They are used to having contact with the teachers as the later
can help with specific training or even in projects.
…EXTRA BENEFITS
Practice of Corporate Social Responsibility
Junior-Entrepreneurs manage the Junior
Enterprises as volunteers.
JEs offer cost-efficient projects to small and
medium-sized enterprises which helps
developing of the local economy
Developing SMEs
"The future of the European Union lies in the hands of Europe´s
youth. To get the European Union back on the track of growth, jobs and
prosperity, we need initiatives and action to strengthen the base of our
future by developing entrepreneurial mindsets among young people.
JADE - the European Confederation of Junior Enterprises is a
prime example when it comes to "learning by doing". By fostering the
entrepreneurial mindsets among students, Junior Enterprises help to
provide a conducive and competitive learning environment, creating
leaders for the future of Europe."
"Exchanging views with students working in Junior Enterprises is
always enlightening, as one is impressed by the enthusiasm, innovation
and creativity that these activities help to unlock in young people. I would,
therefore, like to stress the role played by organisations like JADE, and
the importance of Junior Enterprises as learning tools and bridges
between university and the business world, particularly in a European
context. Promoting the enterprise spirit of young people through
education and practical experience is, and will be in the coming years, a
main priority of the European Union.”
"We need the build bridges between the academic world
of education and training on one side and the practical world
of enterprises on the other side. We need to shape a more
entrepreneurial Europe for the future of the next generations.
JADE is doing an excellent job in this respect by offering
students the chance to gain experience as entrepreneurs.
This is why EUROCHAMBERS supports and promotes this
initiative."
José Manuel Barroso, President of the EUROPEAN COMISSION
Philippe de Buck, Secretary General of BUSINESSEUROPE
Arnaldo Abruzzini, Secretary General of EUROCHAMBERS
More Information?
www.jadenet.org
www.jadenet.org - Press
www.facebook.com/JADE.network
Contact: Simona Lascu
www.jadenet.org
@JADEnetwork
http://be.linkedin.com/in/jadeaisbl