| National Foundation for Teaching | | | | Schools |
| Entrepreneurship Funds Programs in Miami | | | | |
| Schools | | | | The National Foundation for Teaching |
| | | | Entrepreneurship will, over the next two |
| This summer, 126 students from Miami Schools | | | | years, establish programs in 20 Miami Schools |
| entered a six-week training session and | | | | resulting in the program being accessible by |
| contest to learn about entrepreneurship. | | | | nearly 3,400 middle and high school students. |
| Funded and run by the National Foundation for | | | | Some schools will offer more than just the |
| Teaching Entrepreneurship, the six week | | | | summer contest but integrated into the |
| summer session will teach the students how to | | | | curriculum. A Miami business lawyer and one |
| create a business plan, how to secure start | | | | of the judges who helped pick the finalists, |
| up funds and then how to pitch the idea to | | | | stressed issues pertaining to the insurance |
| real business people. The twelve best plans | | | | and salary of the employees. This is the same |
| will compete in the National Foundation for | | | | issues that he would address with actual |
| Teaching Entrepreneurship Macy's 2006 | | | | entrepreneurs. Several of the students from |
| Business Plan Competition. Only one winner | | | | Miami Schools in the program have attempted |
| will represent Florida in New York in October | | | | to actually start a company. One student in |
| with a chance to win $10,000. | | | | the contest, Steve Rodriguez, has created |
| | | | X-Paks, a company that sells drawstring |
| The Miami Schools system has some of the | | | | backpacks that can be produced in the shape |
| highest dropout rates in the state of | | | | and color the client wants. The sixteen year |
| Florida. One of the principal reasons for | | | | old is an aspiring engineer that wants to go |
| this may be that students a bored and do not | | | | on to MIT. He hopes that word of mouth |
| see how their school work relates to the real | | | | marketing will lead his company to success. |
| world. The National Foundation for Teaching | | | | His partner is his mother who does the sewing |
| Entrepreneurship contest shows how owning a | | | | and shares in half the profits. |
| business relates to math and reading skills. | | | | |
| This gives a meaning and a relevance to | | | | Another student in the competition, Elise |
| education. A study by the Harvard Graduate | | | | Lorenzo, has created a plan for a company |
| School of Education found that students | | | | call Envision Art. This high school |
| exposed to entrepreneurship classes are more | | | | sophomore's company plan, based around |
| interested in education, are more likely to | | | | creating an online art gallery, won points |
| go to college and more likely to engage in | | | | with the judges for her creative use of an S |
| independent reading than their peers. | | | | Corporation structure, which will allow her |
| | | | to reflect company profits on her personal |
| New National Foundation for Teaching | | | | tax returns. |
| Entrepreneurship Programs in the Miami | | | | |