Entrepreneurship Education Is Paramount To Combat
For Teaching Entrepreneurship (NFTE) issues a call to action at the World
Economic Forum for both public and private sectors to develop an
entrepreneurial mindset in all youth
Network for Teaching Entrepreneurship
for Teaching Entrepreneurship
Published: Thursday, Jan. 24, 2013 -
2013 . All rights reserved. This material may not be published, broadcast,
rewritten or redistributed.
NEW YORK, Jan. 24, 2013 -- /PRNewswire/
-- In the wake of the global economic downtown trends have emerged that are
threatening the future workforce. There are 75 million who are currently
unemployed and more than 200 million youth who are earning less than $US2 per
day. Yet 1/3 of businesses are still unable to fill vacancies due to skills
gap. Therefore educational systems are not preparing young people properly to
enter the labor market.
"Grow The Global Economy:
Entrepreneurship Education For All Youth"
released today at the World Economic Forum (WEF) by
For Teaching Entrepreneurship (NFTE
examines the youth unemployment crisis and the mismatch of skills being taught
in schools and those needed for young people to thrive in the fast-paced,
digitally-enabled global economy. The paper argues that the entrepreneurship
education for all youth, a goal first set in 2009 by the Global Education
Initiative of WEF, is even more imperative today with the general state of the
economy and specifically the state of youth unemployment globally.
Entrepreneurship education is a
global phenomenon and a proven solution to combat youth unemployment. It's a
tool that can arm young people not only to start businesses and create jobs,
but also to be opportunity-focused, flexible employees ready to fill existing
jobs. It provides youth with the ability to think like entrepreneurs and to act
like business owners, the ability to be problem solvers and the capacity to be
adaptable, comfortable and self-directed in unclear situations. It's these
types of real life skills and talents that employers have reported they are
looking for when hiring.
"It's the goal of NFTE to
empower all young people to develop the entrepreneurial mindset which enables
the attitudes, habits and skills needed to face the new global economy,
personally and professionally and to be economically competitive, locally and globally,"
said Amy Rosen, President and CEO of Network For Teaching Entrepreneurship.
"What NFTE seeks to achieve is vital to the worldwide economic recovery
and long-term prosperity. The more we can provide entrepreneurship education
around, the sooner our current young people will become our job creators in a
sustainable global economy."
NFTE has identified four steps
necessary to move this global initiative to a greater level of effectiveness:
1) Train at least 50,000 educators
to deliver entrepreneurship education and be influencers within the systems and
institutions in which they operate.
2) Build and deploy digital
platforms that better link education to the world of business and work.
3) Mobilize entrepreneurs and
business professionals to be role models and active participants in
entrepreneurship education programs.
4) Integrate entrepreneurship
education into schools' core curriculum, across age cohorts and socio-economic
"Now is the time to match the
needs of youth today with educational opportunities that will prepare them for
tomorrow's economy," said Maria Pinelli, Ernst & Young's Global Vice
Chair Strategic Growth Markets and Board Chair of Network For Teaching
Entrepreneurship. "It is my belief that NFTE will continue to change the
lives of young adults through youth entrepreneurship education, not only in the
US but in as many countries as possible. Students who can develop the
entrepreneurial mindset early on are going to have a distinct advantage whether
economic conditions are weak or strong."
NFTE, celebrating its 25 year
anniversary, is the largest global nonprofit of its kind, using
entrepreneurship to show how traditional school subjects like reading, writing
and math connect to the real world leading students to a more productive and
prosperous life. With proven success, NFTE has already brought this message and
program to nearly 500,000 young people around the world and has trained 5,000
About the Network for Teaching
Too many young people today drop out
of school and struggle to break the cycle of poverty. Since 1987, the Network
for Teaching Entrepreneurship (NFTE) has been inspiring young people to pursue
educational opportunities, start their own businesses, and succeed in life. By
providing entrepreneurship education programs relevant to the real world, NFTE
empowers students to own their educations in and out of the classroom and to
find their own path to success. Hundreds of thousands of students have
discovered opportunity all around them through entrepreneurship via thousands
of certified educators worldwide. NFTE supports active programs in 18 U.S.
states and 11 countries around the world. Entrepreneurs are a powerful driver
of economic growth and NFTE sows the seeds of innovation in students worldwide.
For more information, visit
CONTACT: Alyssa Miller 1-973-6151292
SOURCE Network for Teaching
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