FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff.

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Presentation transcript:

FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

Slogan Match Pick a slip of paper with either a slogan or the product Pick a slip of paper with either a slogan or the product Find the match to your slip of paper Find the match to your slip of paper Ex. Just Do It goes with NIKE Move to the wall with your partner Move to the wall with your partner When everyone has found their match share your slogan and product with the group When everyone has found their match share your slogan and product with the group

Slogans Make Your Product Memorable!

NC REAL Enterprises Grows Entrepreneurship By: Training teachers Training teachers Developing timely, hands-on entrepreneurial curriculum. Developing timely, hands-on entrepreneurial curriculum. Supporting local entrepreneurship programs in: Supporting local entrepreneurship programs in: –50 K-12 Schools –57 Post-Secondary including 54 Community Colleges –40 Community Based Organizations

Experiential Learning Cycle ApplicationExperience ExpansionReflection

What an Entrepreneurship Camp Looks Like

Day 1 Students learn about what it means to be an entrepreneur Students learn about what it means to be an entrepreneur Students learn about small businesses in their community Students learn about small businesses in their community Students are assigned business teams Students are assigned business teams Students work with team to create a business idea Students work with team to create a business idea Students present the idea to a Banker for a loan Students present the idea to a Banker for a loan

Day 1

Day 2 Teams learn about making commercials Teams learn about making commercials Students hear from a local entrepreneur Students hear from a local entrepreneur Students learn about business image and marketing Students learn about business image and marketing Teams start creating marketing tools for their business Teams start creating marketing tools for their business

Day 3 Students hear from a local entrepreneur Students hear from a local entrepreneur Students participate in marketing activities Students participate in marketing activities Students work on the marketing and operations for their business Students work on the marketing and operations for their business

Day 4 Students learn about personal and business financials Students learn about personal and business financials Teams develop financials for business Teams develop financials for business Teams complete commercials for their businesses Teams complete commercials for their businesses

Day 5 Teams complete their business plans Teams complete their business plans Teams practice presentations Teams practice presentations Teams present their businesses and commercials to a panel of judges Teams present their businesses and commercials to a panel of judges Judges award prizes to the teams Judges award prizes to the teams Party! Party!

Entrepreneurship Camp in Action Ashe County 4-H Entrepreneurship Camp Ashe County 4-H Entrepreneurship Camp

What Youth are Saying About Entrepreneurship Camp 21 surveyed were asked, “Would you attend the Camp again next summer?” 100 % – Yes 21 surveyed were asked, “Would you attend the Camp again next summer?” 100 % – Yes "I like how we came up with good business ideas from the games and activities." "I like how we came up with good business ideas from the games and activities." "I liked all the activities and group projects. Making our own business was loads of fun." "I liked all the activities and group projects. Making our own business was loads of fun."

How Communities are Making Entrepreneurship Camps a Success

Partners, Partners, Partners Many entrepreneurship camps are located and lead by the community colleges with partners Many entrepreneurship camps are located and lead by the community colleges with partners Western Piedmont Community College partners with 4-H to include the camp in their regular summer camps so they manage the paperwork and instruction Western Piedmont Community College partners with 4-H to include the camp in their regular summer camps so they manage the paperwork and instruction Piedmont Community College partners with the local Chamber of Commerce and the Chamber members provide lunches Piedmont Community College partners with the local Chamber of Commerce and the Chamber members provide lunches

Use Speakers and Judges to Recruit Advocates Wilkes Community College invited local banker to serve as the loan officer for the student businesses Wilkes Community College invited local banker to serve as the loan officer for the student businesses Carteret recruits economic developers, school administrators and other community leaders to serve as judges Carteret recruits economic developers, school administrators and other community leaders to serve as judges

Create Theme Camps That Celebrate the Local Heritage or Amenities Carteret Community College and the Core Sound Waterfowl Museum held a Marine Heritage Camp where students developed businesses related to their island culture Carteret Community College and the Core Sound Waterfowl Museum held a Marine Heritage Camp where students developed businesses related to their island culture Saponi-Occoneechee Tribe is Hillsborough incorporated tribal culture into the entrepreneurial lessons Saponi-Occoneechee Tribe is Hillsborough incorporated tribal culture into the entrepreneurial lessons Western Piedmont incorporated farming into their camp through field trips and speakers Western Piedmont incorporated farming into their camp through field trips and speakers

Actively Promote the Camp Youth Entrepreneurship is a great way to raise attention for entrepreneurship in your community Invite the press, especially on days when students are doing activities Invite the press, especially on days when students are doing activities Piedmont Community College has camp business teams present to their Chamber Piedmont Community College has camp business teams present to their Chamber Let schools know about the camp before summer starts Let schools know about the camp before summer starts

REAL Entrepreneurship Camp Facilitator Training Summer Camp- 2-day workshop on planning and leading a youth summer camp Summer Camp- 2-day workshop on planning and leading a youth summer camp Training includes a workbook with planning templates, sample agendas, and well over a weeks worth of REAL activities Training includes a workbook with planning templates, sample agendas, and well over a weeks worth of REAL activities Next training is January 20-21, 2010 in Raleigh Next training is January 20-21, 2010 in Raleigh Registration at Registration at

Thank you Arlene Childers Assistant Director NC REAL Enterprises 4168 Oak Hollow Dr. Morganton, NC phone: Malinda Todd Associate Director NC REAL Enterprises 3739 National Dr., Suite 110 Raleigh, NC Phone: x126