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YEP – It Works!
Israel Dominguez, Director, Business & Entrepreneurship CenterSue Coupland, CA$H Business Academy, Lompoc High School
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Youth Entrepreneurship Program
funding provided by
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SB 70/CTE Young Entrepreneurs Project (YEP) Objectives
Identify target Audience
Understand the needs of youth in the region
Create solutions that meet those needs
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Prepare students to think critically
Communicate effectively
Engage in simulated business endeavors
Respect individuals Teach business ethics Understand basics of
work environment
Student Outcomes
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Youth Outreach by the BEC at Cuesta College
Classroom presentations
Student competitions
Microloan program Local job fair for
youth High School visits to
Cuesta College Provided flashdrives
to 1,000 students
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San Luis Obispo and Northern Santa Barbara County High
Schools Outcomes
Classroom presentations to 1,667 students in the region
Pretest and Posttests were given showing a 150% avg. improvement in correct answers
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Outreach on the Central Coast
Youth and Young Adults (ages 14-27 )
Paso Robles High School Atascadero High School Arroyo Grande High School Righetti High School Lompoc High School Santa Ynez High School Chalk Mountain Community
School One Stop Career Center for Youth
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Presentations to High Schools
Career Exploration& the Entrepreneur
Financial Literacy 101 and How to Start Your Own
Business
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Career Exploration (January) College visit and tour (March) Financial Literacy (April) Mini-Grant of $1,200 Student Competition
Judging for NFTE (April) New Venture Challenge at
SBCC (May) Microloan project (May) Advisory Committee (June)
Lompoc High School CA$H Academy
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Microloan Project
Short-Term Business Microloan for products 3 weeks to sell Students must repay
loan Students keep profits
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The Next Big Idea
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Your IDEAS?
Examples: Candy, Gum, Chips Granola Bars Bottles of Gatorade Cake Pops Cupcakes French Lessons Homemade Lollipops Frozen Chocolate
Bananas
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Survey Your Target Market
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Determine Price Point
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Projected Revenue & Profit
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Product Order Form
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Shopping: $378.88 – 5 stores
61 different items
519 different pieces Product order forms required: Description of
item Quantity Price per item Total investment
(>$25.00)
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Permission Slip
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Break-Even Analysis
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Summary of Revenue & Profit
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Grade SheetItem Points
PossiblePoints Earned
Cover/Title Sheet 10
Summary 10
Brand Drawing 10
Survey 10
Projected Revenue & Profit
10
Vendor Order Form 10
Break Even analysis 10
Summary of Revenue & Profit
10
Timeliness 10
Overall Appeal/Neatness 10
Total 100
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Microloan Project Results
Submit completed forms and meet one-on-one with Cuesta YEP Coordinator
88% of the students made a profit 68% said they were or maybe were
interested in an entrepreneurial career Classroom ROI – 77% All funds were paid back!
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Paperclip Trade
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Business Plan Competitions
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2nd Place Winner at New Venture
Challenge, Santa Barbara City College–FUN SUPPORT ORGANIZATION–
Jose Guerrero, Lompoc High School
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Santa Ynez High School
Presentations NFTE Student
Competition (cash prizes ranging from $100 - $250)
New Venture Challenge Student Competition
NFTE Regional – Lyles Center for Innovation & Entrepreneurship, Fresno
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Partnership between the BEC at Cuesta College and Lompoc High School
Thank you,
Sue CouplandCA$H Business Academy CoordinatorLompoc High [email protected]