NEW YORK METRO 2021 VIRTUAL BIZCAMP OVERVIEW - PETER JOHNSON, DEVELOPMENT DIRECTOR, NORTHEAST - ROBERT PIERCEY, REGIONAL DIRECTOR ...
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New York Metro 2021 Virtual BizCamp Overview Peter Johnson, Development Director, Northeast – PeterJ@nfte.com Robert Piercey, Regional Director, New York Metro – RobertP@nfte.com
NFTE Entrepreneurship Pathway
Through a project-based learning model, that relies heavily on lean startup practices and integrated digital tools, NFTE’s Pathway
programs activate the entrepreneurial mindset through authentic experiential learning. Students create their own business idea, find
a sustainable business model and pitch to a panel of expert judges.
Students who complete Entrepreneurship 1 and 2 are prepared to take the
Certiport Entrepreneurship and Small Business exam for certification.
The NFTE curriculum is Certiport-recommended.
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BizCamp At-A-Glance
This out-of-school program, typically delivered during summer months, brings NFTE’s award-
winning curriculum, activating students’ entrepreneurial mindset while they learn the
fundamentals of entrepreneurship and create and pitch original business plans.
Program Details
Program Requirements and Recommendations
• Grades 9-12
• Student application required; limited space available
• Multi-week summer implementation; 60-80 hours of instruction (synchronous & asynchronous)
Current scheduled for July 19th through August 6th
Student Pitch Competition
• Students create an original business plan, individually or with a partner. Students prepare and pitch for
prize money.
Instructor Information and Volunteer Support
• This program is taught by senior educators from NFTE’s Entrepreneurial Teacher Corps.
• Volunteer business plan coaches work with students throughout the camp to refine their business plans.
• Expert judges provide feedback and evaluation during student business plan competitions.
• Guest speakers provide a critical link to real-world business insights.
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Program Content + Teacher Guides & Curriculum
UNIT 1: Lessons 1-5 1. Intro to Innovation and Entrepreneurship
2. Entrepreneurial Mindset
Thinking Like an Entrepreneur 3. Lean Business Canvas
4. Business Ideas and Opportunities
5. Evaluating Opportunities
UNIT 2: Lessons 6-7 6. Lean Market Research
7. Targeting a Customer Segment
Testing an Opportunity
UNIT 3: Lessons 8-9 8. Types of Competition
9. Competitive Advantage
Your Competitive Advantage
UNIT 4: Lessons 10-12 10. Elevator Pitch
11. Marketing your Business
Creating Your Biggest Fans 12. Key Metrics
UNIT 5: Lessons 13-16 13. The Cost of Doing Business
14. Delivering Products and Services
Making a Profit 15. Economics of One Unit Activity
16. Financials Workshop
UNIT 6: Lessons 17-20 17. Lean Business Canvas Workshop
18. Presentation Skills
Fast Pitch Challenge 19. Presentation Workshop
20. Fast Pitch Competition
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Activating the Entrepreneurial Mindset
NFTE empowers youth to approach the world with an innovator’s eye and a founder’s grit, not only during the NFTE
course but for the rest of their lives. An entrepreneurial mindset prepares young people for success throughout life.
Initiative Flexibility Communication Creativity
& Self-Reliance & Adaptability & Collaboration & Innovation
The power to take ownership The ability and willingness to The ability to clearly express ideas The ability to think of ideas and
without input or guidance change actions and plans to to an intended audience, including create solutions to problems
and to work through over-come present and persuading others to work towards without clearly defined structures.
obstacles independently. future challenges. a common goal.
Future Critical Thinking Opportunity Comfort
Orientation & Problem Solving Recognition with Risk
An optimistic disposition with a focus The process of applying higher-level, The practice of seeing and The capacity to move forward with
on obtaining the skills and knowledge process-oriented thinking skills, and experiencing problems as a decision despite inevitable
required to transition into a career. of transitioning that reasoning to opportunities to create solutions. uncertainty and challenges.
decision making.
In partnership with the Educational Testing Service (ETS), NFTE has developed the
Entrepreneurial Mindset Index – a valid assessment to measure mindset growth.
We thank EY for its signature support of this effort.
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BizCamp Benefits
NFTE New York Metro offers a summer experience that supports students who live in
under resourced communities. The focus of this summer program is to provide a
unique opportunity that allows students to create, stay engaged during the
summer, and combat summer learning loss. The benefits of being involved in this
experience last beyond the summer weeks
The benefits for student participants includes:
• Engage in a robust summer learning experience that elevates skills
students can utilize immediately and, in the future.
• Provide support with summer learning loss and the impact of COVID-19
by delivering a unique learning experience where students are leading
and learning about entrepreneurship.
• Participate in an end-of-summer pitch competition where students can
showcase their ideas with their families, friends, volunteers, and community.
• Enroll into NFTE’s Alumni Network where they gain access to internships,
scholarships, networking opportunities, and more.
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Sample BizCamp Agenda*
* Agenda, format and times subject to change based on New York Metro’s final BizCamp
schedule - to be released later in the Spring before applications open for students. 7
Sample Corporate Volunteer Session*
Volunteer Student
St
Student
Student
Volunteer
Facilitator:
NFTE Teacher/Staff
* Option for virtual volunteerism due to COVID-19 restrictions where we can engage corporate
partners as business plan coaches, industry panelists/guest speakers, and competition judges.
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BizCamp Experience: $1K / student (30 student minimum)
40+ Hours of program content and full NFTE experience (guest speaker/panel events, business plan
Curriculum
coaching, pitch competition)
Competition NFTE provides seed funding opportunities through its competition series
Assessments Pre/Post Entrepreneurial Mindset Index and Program Diagnostic/Summative
Platform Blended/Virtual Experience; Students and facilitators have access to Canvas, Zoom and Google Drive
Volunteers Volunteers provided by NFTE
Training Facilitator will be a trained NFTE teacher with support from NFTE program staff
Support NFTE involved in recruitment, event planning, and implementation support
Alumni Access to alumni network opportunities and benefits2021 BizCamp Budget
Direct Expenses
Student Stipends $9,000 ($300 per student)
Teacher Compensation $3,000 (~75-hour contract)
Pitch Competition & Awards $1,000
Student Materials $2,400
Miscellaneous $2,600
Subtotal $18,000
Indirect Expenses
NFTE Staff Time/Labor $8,500
Recruitment/Outreach $1,000
Marketing $1,000
Research and Evaluation $1,500
Subtotal $12,000
TOTAL (Per Class) $30,000
Please be advised that this BizCamp budget is:
▪ For 2021 only and subject to change when in-person BizCamps return.
▪ Subject to change based on final grant agreements/partner commitments.
▪ Based on one full class of 30 students. NFTE will look to build efficiencies if
there is funding and student interest for an additional BizCamp.Thank You!
For more information:
Peter Johnson, Development Director, Northeast - PeterJ@nfte.com
www.nfte.com
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