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

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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

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Page 1: Lincoln County, Oregon Youth Entrepreneurship Program Desired Outcomes: 1. Students learn about starting businesses and write their own business plan 2

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

Page 2: Lincoln County, Oregon Youth Entrepreneurship Program Desired Outcomes: 1. Students learn about starting businesses and write their own business plan 2

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

Page 3: Lincoln County, Oregon Youth Entrepreneurship Program Desired Outcomes: 1. Students learn about starting businesses and write their own business plan 2

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

Page 4: Lincoln County, Oregon Youth Entrepreneurship Program Desired Outcomes: 1. Students learn about starting businesses and write their own business plan 2

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

Page 5: Lincoln County, Oregon Youth Entrepreneurship Program Desired Outcomes: 1. Students learn about starting businesses and write their own business plan 2

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

Page 6: Lincoln County, Oregon Youth Entrepreneurship Program Desired Outcomes: 1. Students learn about starting businesses and write their own business plan 2

• 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