fy 2019 - nfte · 2019-01-25 · calls for service to young people to dramatically increase across...
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“NFTE taught me how to create something
from nothing. I learned that I can create my
own opportunities and I can be an innovator.”
NFTE activates the
entrepreneurial mindset and
builds startup skills in youth from
under-resourced communities to
ensure their success and to
create a more vibrant society.
–Anthony Halmon
www.nfte.com
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Why NFTE?
The future of work is entrepreneurial…..
Today
20% of freelancers
earn $100,000 or more
By 2027
50% of US workforce
will be freelancers
1 in 3U.S. employers want
to hire people with
entrepreneurial experience
65% of the jobs
children entering
school today will do
…do not exist yet
90% of employers identify
entrepreneurial skills as
very important
74% 89% 1of college-aged NFTE alumni
are enrolled in college
65% of low-income students
nationwide are enrolled in college.
of alumni believe the skills
they learn from NFTE help them in life and business
Nationwide 41% of bored students say their class work is not relevant to
their life.
NFTE alumni have started at
least one business
Only 2% of youth aged 16-24 were
self-employed in 2015.
IN 4
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Impact & Outcomes
NFTE students apply the entrepreneurial mindset—succeeding in the workplace, starting
businesses, and furthering their education.
50%of NFTE alumni report
earning more than the national median salary
The 2016 national median salary was $43,264.
Initiative
& Self-Reliance
Critical Thinking
& Problem Solving
Flexibility
& Adaptability
Future
Orientation
Communication
& Collaboration
Opportunity
Recognition
Creativity
& Innovation
Comfort
with Risk
The power to take ownership
without input or guidance and
to work through obstacles
independently.
The ability and willingness to
change actions and plans to over-
come present and future
challenges.
The ability to clearly express ideas
to an intended audience, including
persuading others to work towards
a common goal.
The ability to think of ideas and
create solutions to problems
without clearly defined structures.
The capacity to move forward with
a decision despite inevitable
uncertainty and challenges.
The practice of seeing and
experiencing problems as
opportunities to create solutions.
The process of applying higher-level,
process-oriented thinking skills, and
of transitioning that reasoning to
decision making.
An optimistic disposition with a focus
on obtaining the skills and knowledge
required to transition into a career.
NFTE empowers youth to approach the world with an innovator’s eye and a founder’s grit, not only during the NFTE
course but for the rest of their lives. An entrepreneurial mindset prepares young people for success throughout life.
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Activating the Entrepreneurial Mindset
In partnership with the Educational Testing Service (ETS), NFTE has developed the Entrepreneurial Mindset Index – a valid assessment to measure mindset growth. We
thank EY for its signature support of this effort.
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NFTE Entrepreneurship Pathway
Through a project-based learning
model, that relies heavily on lean startup practices and integrated digital tools, NFTE’s Pathway
programs activate the entrepreneurial mindset through
authentic experiential learning. Students create their own business idea, find a sustainable
business model and pitch to a panel of expert judges.
Students who complete
Entrepreneurship 1 and 2 are
prepared to take the Certiport
Entrepreneurship and Small
Business exam for certification.
The NFTE curriculum is
Certiport-recommended.
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Youth Entrepreneurship Challenge Series
Support Students in NFTE’s Business
Plan Competition Series
• Over $150,000 in cash prizes are awarded annually to top student entrepreneurs in their classes, schools, regions and nationally.
• Students prepare their business plans and pitches, with
support from teachers and volunteer business coaches
• Classroom and school competitions progress to regional
and national finals, with hundreds of guests attending each competition event
• Featured entrepreneurs and judges have included famous entrepreneurs such as Artist and Entrepreneur Sean “Diddy”
Combs and Cofounder of Warby Parker, Dave Gilboa
• Judges from the business community provide students feedback and evaluation
The Entrepreneurial
Teacher Corps
• In order for NFTE to be successful, we are reliant upon our teaching partners who execute the curriculum.
• All teachers participate in robust quarterly in-person meetings focused on best practices and led by their peers
who act as NFTE’s lead teachers and master educators in the field.
• Teachers also participate in monthly professional development webinars focused on entrepreneurship
content and topics.
• NFTE’s Model Teacher Challenge offersadditional
recognition and incentives for stellar NFTE educators.
• NFTE holds a national conference for educators, the Entrepreneurial Teacher Summit, annually in mid-July.
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Volunteers
Business Plan Coach
Coaches assist students
with developing their business plans, presenting before an
audience, and preparing for questions from a
panel of judges.
Competition Judge
At NFTE pitch
competitions, judges listen to presentations, ask questions and offer
students a realistic perspective on their
business plan.
Field Trip Host
As a host, your
organization provides an invaluable insider perspective into the
real-world, career opportunities today,
and the future of work.
Business Advisor
Through multiple sessions,
advisors help NFTE’s advanced students develop their products,
test their business model, assess financials, design
marketing strategies, and more.
“Witnessing my students gain confidence in themselves has
been one of the most fulfilling aspects of volunteering.”
–Evan H. Eichorn, EY
Volunteers provide a lens into the business world for students from under-resourced communities, inviting
them into a world beyond their current circumstances.
NFTE Across the United States
NFTE works with districts, schools, and community-based organizations across
the country that serve under-resourced communities.
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Student Demographics
51% Male
49% Female
53% in 11th & 12th Grades
35% in 9th & 10th Grades
12% in 6th to 8th Grades
41% Latino
29% Black
15% White
7% Asian
2% Native American
6% Other
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Philadelphia Metro Program Snapshot
NFTE’s Philadelphia Metro office provides schools and partners across Philadelphia,
Pittsburgh, Lansdale, as well as Southern New Jersey and Northern Delaware the
opportunity to change young lives through entrepreneurship.
StudentsSchool
PartnersClasses
Teacher Corps
Members
FY18
Actuals 1,296 21 69 31FY19
Projections 2,160 32 91 43
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Philadelphia Metro Highlights
Donovan Williams of Philadelphia,
PA, has spent the last 10 years
providing music for local and
national events. It was through the
NFTE course that Donovan learned the business and entrepreneurship
skills needed to launch his DJ career. He is
currently 19 years old attending Community
College of Philadelphia while interning at
Boom 103.9 radio station. Donovan’s hope is to bring his DJing worldwide, but for now he is
focused on giving back to his community with
The Don Project. To learn more about
Donovan visit: www.djdonwill.com
Alumni Profile Student Reach Across the Region
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Growing Young Innovators
Through districts, schools, and
community-based organization
partnerships, our current NFTE
2022 Strategic Growth Plan,
calls for service to young people to dramatically increase across
the U.S. NFTE will reach at
least 200,000 students by the
end of the plan.
We saw great results in the first
year of NFTE 2022, reaching
over 50% more youth than in
the prior year (52,493 vs
34,840).
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Get Involved
GiveVolunteer Spread the Word
NFTE relies on the generosity of
corporations, foundations, and individuals to provide financial support for our programs. Grants, sponsorships, and personal gifts
offer exciting ways to have a charitable impact.
Individuals and corporate employees are
needed to coach, advise, judge, host field trips, and mentor NFTE students. Put your interests and expertise to good use through
a variety of meaningful skills-based volunteering opportunities.
Make connections to area schools, donors,
media, local government and other community partners to help NFTE grow throughout Pennsylvania and beyond.
NFTE is growing and welcomes individuals, corporations, and other community
partners to be a part of our work. Please consider joining us today.
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Key Supporters
NFTE Philadelphia supporters:
Coca-Cola Foundation
The Galman Group
Andrew Jordan, III
Microsoft
Santander Bank
Verizon
Kevin Wolfgang
Zeldin Family Foundation
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Philadelphia Advisory Board
Kevin Wolfgang, Board Chair
President & CEO
Evergreen Apartment Group
David Arena
Founder & CEO
Alcove Media
Phil Jaurigue
CEO
Sabre Systems, Inc.
Andrew Jordan
Strategic Growth Markets Leader
EY
Milan Patel
CEO
Inspiroz
Brian Paule
Director of Property Management
The Galman Group
Frances R. Pierce
Chairman and CEO
Data Systems Analysts, Inc.
Chuck Sacco
Assistant Dean for Strategic Initiatives and
Director of the Baiada Institute
Charles D. Close School of Entrepreneurship,
Drexel University
Arlen Shenkman
CFO
SAP
Adam VeVerka
Managing Director of Business Development
NewSpring
Ira Wallace
Vice President
Walter Greenblatt & Associates
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Board of Directors
Kyle Garman
SVP & Managing Director,
Global Strategic Partners
SAP SE
Noah Hanft
President & CEO
International Institute for Conflict Prevention &
Resolution
Gus Harris
Executive Director
Moody's Analytics
Michael J. Kacsmar
Partner
EY
Kellam Mattie
Chief Marketing Officer, Vice President of
Marketing and Innovation for Venturing &
Emerging Brands (VEB)
The Coca-Cola Company
Andrew Oliver
CEO
Giantmicrobes, Inc.
Shawn Osborne
President & CEO
NFTE
Anthony Salcito
VP of Worldwide Education
Microsoft Corporation
Diana Davis Spencer
President
The Diana Davis Spencer Foundation
David Spreng
Founder and CEO
GSV Growth Credit
Peter J. Boni, Chair
Managing Principal
Kedgeway
Timothy Murphy, Co-Vice Chair
General Counsel & Chief Franchise Officer
Mastercard
Tucker York, Co-Vice Chair
Global Head, Private Wealth Management,
Head of US Private Wealth Business
Goldman, Sachs & Co.
Patricia Alper
President
The Alper Portfolio Group
David Chubak
Head of Global Retail Banking and Consumer
Lending
Citigroup
Thank You
For more information:
Peter Johnson, Development Director, Northeast
www.nfte.com