Monday, April 20, 2015
New York Life Foundation Backs Pilot Program for Future Entrepreneurs
Starting in seventh grade, students will begin to build their applied technology skills, while as eighth-graders they'll create and run simulated companies that replicate the functions and demands of a real business. All students will receive business coaching from VEI's business partners, including employees from New York Life, as well as high school students participating in the program.
In addition to hands-on experience, the program will provide students with opportunities to develop skills in problem solving, decision-making, time management, public speaking, financial literacy, and teamwork. Rising eighth-graders also will participate in a Summer Business Leadership Camp hosted at a local college, where they will be introduced to the basic concepts of entrepreneurship, develop a concept paper for a new business, and pitch their business ideas to college faculty and mentors acting as "investors....