yep – it works! israel dominguez, director, business & entrepreneurship center sue coupland ,...

Download YEP – It Works! Israel Dominguez, Director, Business & Entrepreneurship Center Sue  Coupland , CA$H Business Academy, Lompoc High School

If you can't read please download the document

Upload: meg

Post on 25-Feb-2016

65 views

Category:

Documents


3 download

DESCRIPTION

YEP – It Works! Israel Dominguez, Director, Business & Entrepreneurship Center Sue Coupland , CA$H Business Academy, Lompoc High School. Youth Entrepreneurship Program funding provided by. SB 70/CTE Young Entrepreneurs Project (YEP) Objectives. Identify target Audience - PowerPoint PPT Presentation

TRANSCRIPT

PowerPoint Presentation

YEP It Works!Israel Dominguez, Director, Business & Entrepreneurship CenterSue Coupland, CA$H Business Academy, Lompoc High School

1Youth Entrepreneurship Program funding provided by

2SB 70/CTE Young Entrepreneurs Project (YEP) ObjectivesIdentify target AudienceUnderstand the needs of youth in the regionCreate solutions that meet those needs

3Prepare students to think criticallyCommunicate effectivelyEngage in simulated business endeavorsRespect individualsTeach business ethicsUnderstand basics of work environment

Student Outcomes4Youth Outreach by the BEC at Cuesta CollegeClassroom presentationsStudent competitionsMicroloan programLocal job fair for youthHigh School visits to Cuesta CollegeProvided flashdrives to 1,000 students

5San 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

6Outreach on the Central CoastYouth and Young Adults (ages 14-27 )Paso Robles High SchoolAtascadero High SchoolArroyo Grande High SchoolRighetti High SchoolLompoc High SchoolSanta Ynez High SchoolChalk Mountain Community SchoolOne Stop Career Center for Youth

7Presentations to High SchoolsCareer Exploration& the Entrepreneur

Financial Literacy 101 and How to Start Your Own Business

8

Career Exploration (January)College visit and tour (March)Financial Literacy (April)Mini-Grant of $1,200Student Competition Judging for NFTE (April)New Venture Challenge at SBCC (May)Microloan project (May)Advisory Committee (June)

Lompoc High School CA$H Academy

9Microloan ProjectShort-Term BusinessMicroloan for products3 weeks to sellStudents must repay loanStudents keep profits

10The Next Big Idea

11Your IDEAS?Examples:Candy, Gum, ChipsGranola BarsBottles of GatoradeCake PopsCupcakesFrench LessonsHomemade LollipopsFrozen Chocolate Bananas

12Survey Your Target Market

13Determine Price Point

14Projected Revenue & Profit

Product Order Form

16Shopping: $378.88 5 stores 61 different items519 different piecesProduct order forms required:Description of itemQuantityPrice per itemTotal investment (>$25.00)

17Permission Slip

18Break-Even Analysis

19Summary of Revenue & Profit

Grade SheetItemPoints PossiblePoints EarnedCover/Title Sheet10Summary10Brand Drawing10Survey10Projected Revenue & Profit10Vendor Order Form10Break Even analysis10Summary of Revenue & Profit10Timeliness10Overall Appeal/Neatness10Total100

21Microloan Project ResultsSubmit completed forms and meet one-on-one with Cuesta YEP Coordinator 88% of the students made a profit68% said they were or maybe were interested in an entrepreneurial career Classroom ROI 77%All funds were paid back!

22Paperclip Trade

23Business Plan Competitions

242nd Place Winner at New Venture Challenge, Santa Barbara City CollegeFUN SUPPORT ORGANIZATION Jose Guerrero, Lompoc High School

25Santa Ynez High SchoolPresentationsNFTE Student Competition (cash prizes ranging from $100 - $250)New Venture Challenge Student CompetitionNFTE Regional Lyles Center for Innovation & Entrepreneurship, Fresno

26Partnership between the BEC at Cuesta College and Lompoc High SchoolThank you,

Sue CouplandCA$H Business Academy CoordinatorLompoc High [email protected]

27