National Standards for Entrepreneurship Education Enhance Student Performance

M. Catherine Ashmore, Consortium for Entrepreneurship Education, Columbus, OH

Melba Kennedy, Louisiana Department of Education, Career and Technical Education

Karen Pohja, Michigan Department of Labor & Economic Growth

ENTREPRENEURSHIP EDUCATION

EVERYWHERE

Dr. Cathy Ashmore

Executive Director Consortium for Entrepreneurship Education www.entre-ed.org

The ENTREPRENEURS of TOMORROWAre In Our Schools Today

The Consortium for Entrepreneurship

Education

•Members include State Departments of Education, local school systems, community colleges, national leadership organizations, foundations and professional development organizations

• National Content Standards released June 2004

Accelerating Entrepreneurship Everywhere!

•Website to provide resources for teachers <www.entre-ed.org>

•Newsletter featuring programs of members

•National conference to provide professional development for teachers/ program designers

Entrepreneurs are not Born….

They “Become”

through the Experiences of their Lives!

Professor Albert Shapero, The Ohio State University

WE BELIEVE….

* Entrepreneurs have a great diversity of personal characteristics, the common one: being willing to take a risk in return for a profit. 

* Anyone can be an entrepreneur at any time of one's life.

* There is no educational degree requirement to become an entrepreneur.

* Entrepreneurship success varies with the goals of the individual, from part-time income to fast-growing corporate structures. 

“A JOB IS…..

Work that needs to be done…

that someone will pay you to do.”

“ In the future you will need a business plan more than a career plan.”

Source: Job Shift by William Bridges

Programs are growing…

• 7 of 10 high school students want to start their own business according to Gallup Polls

• More opportunity to exercise creative freedoms

• Higher self-esteem

• Greater sense of control over your life and future.

Lifelong Learning Model

National Content Standards for

Entrepreneurship Education

•Are a FRAMEWORK for many levels of curriculum development

•Identify KNOWLEDGE AND SKILLS developed by entrepreneurial activities

•Provide for acquisition and application of CORE ACADEMIC SKILLS

•Are a CONTEXT for LEARNING and (Subject Matter) CONTENT for CURRICULUM

National Content Standards for

Entrepreneurship Education

Organized in three sections:

•Entrepreneurial Skills

•Ready Skills

•Business Functions

ENTREPRENEURIAL SKILLS

Understands concepts and processes associated with successful entrepreneurial performance. Provide the unique expertise that entrepreneurs use during the entire process of creating and managing a business.

(A) Entrepreneurial Processes(B) Entrepreneurial Traits/Behaviors

Entrepre-neurial Skills

Ready Skills

Business Functions

(A) Entrepreneurial Processes

Understands concepts and processes associated with successful entrepreneurial performance. The steps in the process of creating and running a business are:

* Discovery (A.01-A.08)Dreaming about possibilities

* Concept Development (A.09-A.16)Choosing an idea and creating a plan

* Resourcing (A.17- A.24)Testing the feasibility of the plan

* Actualization (A.25-A.36)Starting and running the business

* Harvesting (A.37-A.40)Deciding on the future of the business

(B) Entrepreneurial Traits/Behaviors

Understands the personal traits/behaviors associated with successful entrepreneurial performance. These entrepreneurial traits and behaviors are especially important to the success of the entrepreneurial processes:

–Leadership

–Personal Assessment

–Personal Management

Entrepre-neurial Skills

Ready Skills

Business Functions

READY SKILLS

The basic business knowledge and skills that are prerequisites or co-requisites for becoming a successful entrepreneur. Provide the developmental curriculum opportunities that enable individuals to operate in competition with the world and a context for experiences related to becoming an entrepreneur.

(C) Business Foundations

(D) Communications and Interpersonal Skills

(E) Digital Skills

(F) Economics

(G) Financial Literacy

(H) Professional Development

BUSINESS FUNCTIONS

The business activities performed by entrepreneurs in managing the business. Provide the day-to-day skills that are essential to the success of any business be it a home-based venture or a fast-growing corporation. They also provide the expertise that enables entrepreneurs, and future entrepreneurs, to see and create entrepreneurial opportunities.

(I) Financial Management

(J) Human Resource Management

(K) Information Management

(L) Marketing Management

(M) Operation Management

(N) Risk Management

(O) Strategic Management

Visit the Consortium website to access the FREE Standards Toolkit

www.entre-ed.org

1.Benefits of Entrepreneurship Education

2.The Importance of Entrepreneurship Education

3.Nurturing the Entrepreneurial Spirit

4.The Standards (PDF files)

a. Overview

b. Summary

c. Detail

5.Curriculum a. Educational Issues

b. Examples

c. Sources

6.Testimonials

7. About the Consortium for Entrepreneurship Education

8. Our Sponsors

9. The Research Processa. Overview

b. Focus Groups

c. Validation

d. Bibliography

10.National Entrepreneur Advisory Council (NEAC)

11.FAQ

12.Helpful Downloads

(Word Documents)

National Content Standards for

Entrepreneurship Education

• Identified as a 21st Century Skills CONTENT by the 21st Century Skills Partnership

Bring the power of entrepreneurship education to your program:

•Content for developing future entrepreneurs•Context for building and applying

academic skills•Career Opportunities for all types of students•Economic Development for communities,

states, and our nation

WHAT IS THE 21ST CENTURY SKILLS PARTNERSHIP?

LEADING TECHNOLOGY COMPANIES AND THE US DEPARTMENT OF EDUCATION HAVE CREATED AN INITIATIVE TO FOCUS ON IMPORTANT NEW EUCATIONAL PRIORITIES THAT HAVE BEEN UNDERVALUED IN AMERICAN EDUCATION.

See details at <www.21stcenturyskills.org>

Topic: Financial, Economic and Business Literacy, and

Developing entrepreneurship skills to enhance workplace productivity and career choice

The ENTREPRENEURS of TOMORROWAre In Our Schools Today

Building an Entrepreneurial CultureIn American Communities via Our Schools

Growing Entrepreneurship in Michigan

Karen Pohja, Education Consultant,Office of Career and Technical Preparation

Growing Entrepreneurs in Michigan

Michigan needs to be a powerhouse state for the 21st century by:Growing the state’s economy.Developing a supportive educational environment, and Instilling entrepreneurial thinking opportunities.

http://www.michigan.gov/cis

Michigan Entrepreneurship Initiative History

Michigan’s economy centered on the automotive /manufacturing industry.Governor’s Initiative September, 2004Executive Order-Established the Cherry Commission with a variety of stakeholders headed by Lt. Governor Cherry.Goal- Double the number of Michigan residents with college degrees or other valuable credentials.

Michigan Entrepreneurship Education Initiative:

Led by the Michigan Department of Labor & Economic Growth (DLEG), Bureau of Career Education Programs( part of Governor’s plan). Charge -To improve Michigan’s infrastructure for entrepreneurship advocacy and support.Awarded total of $1.2 million in competitive grants to develop entrepreneurship educational programs in high schools and community colleges (9/24/04).

Entrepreneurship Education Initiative Goal was twofold:

1.)Develop postsecondary entrepreneurship certificate and degree programs, including an accelerated associate’s degree in entrepreneurship for high school and college students.

2.)Encourage schools to offer grade-level-appropriate entrepreneurship curricula.

http://www.michigan.gov/cis/0,1607,+7-154-10573_11472-101158--M_2004_9,00.html

Entrepreneurship

“Entrepreneurship plays an important role in growing our economy,” Governor Granholm said. “It is critical that we develop a supportive educational environment for our young people that instills entrepreneurial thinking so they can see themselves as innovators, producers of jobs and financial success.”

http://www.michigan.gov/cis/0,1607,+7-154-10573_11472-101158--M_2004_9,00.html

25 Existing Tech Prep Consortia

State of Michigan Entrepreneurship Grant Projects by Region

Entrepreneurship Competitive Grants

25 Tech Prep Regional teams eligible for competitive grant .Funded by the Carl D. Perkins Vocational and Technical Education Act 1998.4 and WIA Initiative Award.15 Grants awarded to 17 Regions (3 regions combined in one application).Awarded November 2004. Grant Period –November 15, 2004 through August 31, 2005.

Entrepreneurship Grant AwardsProcess Planning

Stakeholders were brought together by DLEG, Career Education Bureau, Office of Career and Technical Preparation to plan an Entrepreneurship Conference in September, 2004 for 25 Tech Prep Consortia teams.The stakeholders included:1) state agencies, 2)education, and 3)business/industry .

Entrepreneurship Conference Included:

National and State Entrepreneurial Speakers.Standards for Entrepreneurship Education Toolkit www.entre-ed.orgEntrepreneurial Panels and Networking.Two published entrepreneurial books.Entrepreneurial Technology Exhibitors.Two Resource Notebooks.Grant Application and technical assistance.American Careers Magazine-included a survey.

Two Resource Notebooks contained:

Standards for Entrepreneurship and Standards Toolkit www.entre-ed.org.State, National, and Local Resources.Web site resources-sampling.Michigan 2004 Guide to Small Business http://www.michigan.org/medc/services/startups/index.asp .National Business and Industry endorsed Entrepreneurial Curriculum.Sampling of Entrepreneurial published books.

Michigan Awards 15 Tech Prep Entrepreneurship Curriculum Development Grants =$1.2 million

Included 17 regions out of 25.Readiness and Partnership of the Regions varied. Grantee had to identify activities for development and/or strengthening of entrepreneurship in the community.Grantee in many cases developed deliverables to share with others through creativity and adaptability.Implementation was a collaborative effort developing programs specifically designed from the outset as articulated from high school to the community college.

September 2005, Entrepreneurship Follow-Up Conference included:

Grantees disseminated successes in Goals of Grant by:Experiences shared. Simulations created.Curriculum aligned and articulated.Newly established partnerships and alliances. Sharing tools developed to start a business.

Michigan Curriculum Entrepreneurship Grants Surpass Goals

Beginning Goal-50 programs. Ending Goal -266 New Articulated Entrepreneurship Education Programs in Michigan’s Community Colleges. Utilization of entrepreneurial education in helping to meet the Cherry Commission’s concern in the educational area by: 1) preparing the student, 2) retention of the student, 3) participation of the student, 4) and economic development.

Further Outcomes

Entrepreneur Posters “Be Your Own Boss” Website for Entrepreneurs developed-http://www.michigan.gov/beyourownbossEntrepreneurship is part of every Career Cluster Pathway.Completed Entrepreneurship Survey of 10th graders in Michigan through American Careers Magazine.

Melba Kennedy, Louisiana Department of Education

ENTRE’ LA: Homegrown

LouisianaGrowing Their Own

The Importance of Entrepreneurship In Louisiana:

Louisiana economy driven by small business

Entrepreneurship focus for State leadership as as a result of hurricanes

Academic skills reinforced

Concepts and skills enhance student performance

Entrepreneurship Curriculum Aligned with National Standards

Middle school Kauffman curriculum Draft high school curriculum based on NCE

Curriculum development modelAdvisory Council to address changes and

professional development for teachers

Curriculum Development Model:

Collaborate with postsecondary and industryDiscuss “Know and Do”

Create curriculum frameworkWrite curriculumPilot curriculum

Revise curriculumRollout curriculum

Resources and Benefits of Entrepreneurship Curriculum:

Growth in our EconomyDecreased Out-Migration (Further Increased by the Hurricanes)More Success Stories for Louisiana

Utilization of local entrepreneurs“Real Deal” video plannedExploration of simulation options

Next Steps:

Across the curriculumPathway integration

Existing curriculum enhancementArticulation

Contact Information

Susan Nealy Melba Kennedy225-219-0364 225-219-9334snealy@certla.org melba.kennedy@la.gov

Patricia Merrick Beth Thompson225-342-3488 225-939-4088patricia.merrick@la.govthom4028@bellsouth.net