lincoln county, oregon youth entrepreneurship program desired outcomes: 1. students learn about...

Lincoln County, Oregon

Youth Entrepreneurship Program

Desired Outcomes:

1. Students learn about starting businesses and write their own business plan

2. Create School Based Enterprises for real business experiences

• 2005: Kayak Rentals and Guided Tours

• 2006: Bicycle Rentals

Spring 2005: First Entrepreneurship class at Waldport High School

• Curriculum

National Foundation for Teaching Entrepreneurship (NFTE)

Rural Entrepreneurship through Action Learning (REAL)

• Open to all grade levels. Preference given to:

junior and senior students

students from low income households

• Results:

Entrepreneurship instruction

Students wrote a business plan or

worked on the school based enterprise,

the Kayak Shack

History of Lincoln County Youth Entrepreneurship

History of Lincoln County Youth Entrepreneurship

Summer 2005: Waldport Outdoor Adventures/WHS Kayak Shack Opens

• Offers

Kayak rentals

Guided tours

• Open June through August, times based upon tides

• Liability insurance through school district

• Start up costs covered by grants

• Administered by volunteers, AmeriCorps*VISTA, Rural Community School

• Results:

$12,000 profit

6 student summer jobs

Positive customer evaluations

Community support

Fall 2005: Second entrepreneurship class at WHS

• New instructor. Position funded by WHS

• Full year class

• Class still in progress

Lessons Learned:

• Class works best if allow for one full year to instruct and write plans

• Students need to write plan while receiving instruction to make connections between material and their business

• Full time instructor is important

• When creating a school based enterprise

Create partnerships

Identify supervisor for the project

History of Lincoln County Youth Entrepreneurship

Operated by Waldport High School Young Entrepreneurs Striving to Strengthen the Economy of South Lincoln County

• Oregon Coast Community College Small Business Development Center

• Lincoln County School District

• Waldport Rural Community School Partnership

• AmeriCorps and AmeriCorps*VISTA

• Port of Alsea

• Trust Management Services

• Ford Family Foundation

• City of Waldport

• Waldport Chamber

• Local businesses and individuals

• Friends of the Kayak Shack

Partners for WHS Kayak Shack

• Strengthen existing program

• Create second SBE

• Possible expansion of program:

Younger students

Other areas in Lincoln County

Our program is very new, so we are working on this aspect.

• Prospect for loans to students through revolving fund set up by local banks

• Culture:

participants beginning to promote entrepreneurship to other students

Waldport community support for young entrepreneurs

Connection to Entrepreneurship Development System

Future Plans