innovative approaches to youth entrepreneurship in schools

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Innovative Approaches to Youth Entrepreneurship in Schools Nurturing Young Leaders in Enterprise and Innovation Established in Southeast Asia since 2003

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Page 1: Innovative approaches to youth entrepreneurship in schools

Innovative Approaches to Youth Entrepreneurship in Schools

Nurturing Young Leaders in Enterprise and Innovation

Established in Southeast Asia since 2003

Page 2: Innovative approaches to youth entrepreneurship in schools

We envision Entrepreneurship Education to

Provide an alternative route to empowerment and success for students with different talents and aptitudes

Nurture future leaders who are motivated and competent in pursuing positive change for global or macro-level issues

Support Singapore’s strategy to be a knowledge-based economy by positioning schools as hubs of open innovation

Grow and leverage every school’s entrepreneurial alumni network

Page 3: Innovative approaches to youth entrepreneurship in schools

We measure Entrepreneurial Performance with

Number of students competent in entrepreneurial leadership and innovation thinking Experiential Learning & Discovery

Number of innovations generated by the school Internal Startup Challenges

Number of student-led spinoffs and social change initiatives Startup Incubation Club & Social Enterprise Programme

Number of entrepreneurial success stories in alumni network Sustained Long-Term Entrepreneurial Success

Page 4: Innovative approaches to youth entrepreneurship in schools

Proposed Areas for Collaboration with Schools

“Tell me, and I will forget. Show me, and I may remember. Involve me, and I will understand.”

Experiential Learning & Discovery Enrichment

Startup Incubation Club Co-curricular Activities

Internal Startup Challenges Intra-school Competitions

Youth Social Enterprise Programme Enrichment

Page 5: Innovative approaches to youth entrepreneurship in schools

Simulation Games Startup Angel Valley This is a game of strategy, persuasion and charisma. Startups struggle to win over the hearts of investors to raise funding for their businesses while investors strive to grow their portfolio with the most attractive investment deals in the simulated marketplace. Players compete within and between roles to structure funding deal terms, maneuver changing market conditions as well as devise strategies to negotiate for win-win outcomes. Minimum 8 players. 2 to 4 hour game play depending on number of players.

Funding Marketplace"

Interpersonal Dynamics"

Page 6: Innovative approaches to youth entrepreneurship in schools

Management Mahjong This is a game of trust, communication and teamwork – key elements for the successful pursuit of innovation and change. Players adopt the role of the upper management, middle management or workers. Conflicting incentives and obstacles in the workplace enable players to draw lessons and insights into coping with failures and uncertainty. Minimum 9 players. 2 to 4 hour game play depending on number of players.

Simulation Games

Team Vision & Values"

Organizational Hierarchy"

Page 7: Innovative approaches to youth entrepreneurship in schools

Boot Camps and Workshops Idea to Investment – Entrepreneurship 101 Get started on your innovative and scalable business idea through the experiential Lean Startup approach. Turn your passion/dreams/ideas into an investable business by developing your problem identification, innovation, value proposition, market & competitive analysis, market strategy, sus ta inable compet i t ive advantage, operational plan, team, business model & basic financial plan. Length: 4-day boot camp or 10 weekly 2-hr workshops.

Ranking & Feedback"

Plan, Pitch & Prototype"

Page 8: Innovative approaches to youth entrepreneurship in schools

Social Innovation – Entrepreneurship 102 Learn how youths around the world are coming together to solve our social problems and join the community of change agents. Develop your team’s action plan for social change through design thinking, impact mission & measurement, business model innovation and sustainability. Length: 3-day boot camp or 6 weekly 2-hr workshops.

Boot Camps and Workshops

Plan, Pitch & Prototype"

Design Social Solutions"

Page 9: Innovative approaches to youth entrepreneurship in schools

Entrepreneurial Leadership – Entrepreneurship 201 E m p o w e r i n g y o u t h s w i t h t h e entrepreneurial mindset and ability to inspire and lead teams to pursue change. Participants will leave the final session with a concrete implementation plan to effect change upon returning to their teams. Length: 2 full days or 4 weekly 2-hr workshops.

Boot Camps and Workshops

Industry Mentors"

Plan, Pitch & Prototype"

Page 10: Innovative approaches to youth entrepreneurship in schools

Entrepreneurial Finance – Entrepreneurship 202 Developing profitable business models, pricing strategies, managing budgets (Revenue/Cost forecast, P/L statements), pivoting in crisis and growth funding strategies. Length: 2 full days or 4 weekly 2-hr workshops.

Boot Camps and Workshops

Strategy & Analysis"

Case Discussions"

Page 11: Innovative approaches to youth entrepreneurship in schools

Startup Takes Flight – Entrepreneurship 301 Founders ready to take the next step to launch their businesses will benefit from the understanding of the business climate in Singapore; public and private venture funding options available; tips on managing investor-company expectations; preparing grant proposals; and negotiating for win-win outcomes with their initial investors and customers. Founders will leave the final session with practical tools and a support network to kick-start their business. Length: 2-day boot camp or 4 weekly 2-hr workshops.

Boot Camps and Workshops

Tools & Network"

Tips from Industry Experts"

Page 12: Innovative approaches to youth entrepreneurship in schools

Innovation Challenges

Manage your challenges and track your students’ performance Idea submissions, audience voting, judge evaluation and crowd-sourced feedback are managed seamlessly online via Expara's Innovation Engine

Harness iteration and collaboration with the Lean Startup approach Students work in teams to refine their ideas progressively at each checkpoint

Help your students develop the skills to take their ideas to market Students learn how to pitch ideas, build prototypes and meet customer needs through our hands-on workshops and coaching by industry mentors

Engage and empower your students to generate ideas and lead teams in solving real world problems:

Page 13: Innovative approaches to youth entrepreneurship in schools

Online Innovation Software

Engage and reward the community of change agents within your school to solve real world challenges

Use the real time data reports to help you identify and nurture high potential individuals, ideas and teams to bring these ideas fruition.

Your School’s Very Own Innovation Social Network Powered by Expara’s Innovation Engine Software

Set up and access your innovation challenges anywhere from your iPhone, tablet or desktop computer

Page 14: Innovative approaches to youth entrepreneurship in schools

Inspirational Talks

What are social enterprises? How are they changing the world?

Finding your passion and pursuing your dreams

Real stories of youth entrepreneurs

Why is entrepreneurship so important? Who is an entrepreneur? How can I become an entrepreneur?

Page 15: Innovative approaches to youth entrepreneurship in schools

Mentorship & Advisory

Government Grant Application To raise funding for your entrepreneurship school programs and student projects through SPRING, Ministry of Social and Family Development, Media Development Authority, National Youth Council, Citibank-YMCA

Business Plan, Financial Plan & Investor Presentation For Internal/Inter-school/National Competitions & Fund Raising

Project Mentorship For Startup Incubation Club & Youth Social Enterprise Programme

Page 16: Innovative approaches to youth entrepreneurship in schools

Our Team

Douglas Abrams CEO & Founder of Expara!

•  Extream Ventures – Co-founder and MD S$20 million VC fund!

•  NUS – Adjunct Associate Professor, Business School, Entrepreneurship!

•  Parallax Capital Mgmt – Co-founder and MD Venture investing!

•  JP Morgan – Vice President of IB Technology, GM Internet Marketing!

Suwida "Kingmuangkow"

Managing Director!

Rosalind Tan"Incubation Manager!

Page 17: Innovative approaches to youth entrepreneurship in schools

Our Team

Germaine Inez International Business & Impact Investment!

Alicia Lye Business

Development!

Cato Gullichsen Partner!

Bonnie Lam Analyst!

Page 18: Innovative approaches to youth entrepreneurship in schools

Established Track Record

Page 19: Innovative approaches to youth entrepreneurship in schools

Contact Alicia LYE

+65 6323 3084 | [email protected]

Blk 71 Ayer Rajah Crescent Mediapolis #02-10/11, Singapore 139951

Page 20: Innovative approaches to youth entrepreneurship in schools