The International Labour Organisation (ILO) in 2008 put youth unemployment globally at 12.7% as against the 2007 pre-recession figure of 11.7%. In real numbers that is a jump from 70.5 million unemployed youths to 75.1 million. These totals are based on the readily available official figures (excluding discouraged job seekers).
Youth unemployment has exceptionally hit hard places such as Greece which recently had a 50% youth unemployment rate, Spain where youth unemployment skyrocketed from 18.2% to 41.6% and Ireland where it went from 9% to 27.5% (and actually much higher if discouraged job seekers were to be counted), reflecting different degrees of economic collapse and state bankruptcy.
One way to create a culture of entrepreneurship in South Africa is through “teaching kids at school that business may be the only option for them so they had better master it”. A number of other experts agree that it is important for society to stimulate an entrepreneurial culture through highlighting role models that have succeeded at entrepreneurship.
Mounting youth unemployment has significant implications for social welfare, health, safety and security, and overall economic growth. By investing in youth entrepreneurship, both unemployment and the welfare burden can be reduced.
Part of the solutions as recommended by the GEM (2011) Report is education and training: Focus on entrepreneurial education at school and university level.
Entrepreneurship education is a vehicle for teaching our youth to look for a need or problem and to create a solution. Entrepreneurship means change. It helps our youth understand their options in a free market economy, and encourages them to look for entrepreneurial opportunities for themselves.
Entrepreneurs are a vital asset to the world economy, but it is important to understand that the accomplishments of entrepreneurs in our modern world have been possible because of a climate of individual freedom that is so rare in human history.
Entrepreneurship education seeks to prepare people, especially youth, to be responsible, enterprising individuals who become entrepreneurs or entrepreneurial thinkers and who contribute to economic development and sustainable communities.
A good entrepreneurship education is not based on a text book only format. Instead, students are immersed in real life learning experiences where they have an opportunity to take risks, manage the results, and learn from the outcomes
Nobody’s sure if great entrepreneurs are born or made, but parents and schools around the United States have been embracing the value of teaching entrepreneurship to today’s youth.
The benefits of teaching our youth how to run a business are endless, according to Doug Miller, director of Children and Youth Entrepreneurship Education at the Ewing Marion Kauffman Foundation, a nonprofit organization dedicated to fostering entrepreneurship. “Kids gain life skills like responsibility, follow-through and communication. They learn business skills, like how to manage scarce resources, he says.” But most important, youth gain tremendous self-esteem as they try to overcome obstacles or see their ideas start to work.
The Schools Entrepreneurship Camp is a 7-day camp that teaches youth about being entrepreneurs and starting their own business. The idea is to explore entrepreneurship while promoting innovation and skill development. The Conference is a 7 day event comprising of guest speaker sessions, training workshops and business idea pitch sessions.
Learners will learn how to develop an idea, organize that idea into a business plan, how to make their products, and how to sell them in a marketplace at the end of the week.
The idea is to see this Camp be on par with the annual School Maths and Science Olympiads and we are hoping to partner with stakeholders that will allow us to establish and position the School Entrepreneurship Camp. A Camp of this kind has never been done before. This camp is for High School Learners only, from grade 10 to 12.
Over the last year or two, a large emphasis has been placed on developing entrepreneurship in South Africa. The Global Entrepreneurship Monitor is the view that implementing post-school initiatives that develop entrepreneurship is too late. Kids need to be exposed to entrepreneurship as early as possible and we are hoping that this Camp activates this awareness, interest and exposure.
Venue: To be confirmed
Date: 23 – 30 June 2013
Number of Students: 100
Target Students: Grade 10 and 11 previously disadvantaged students
Confirmed guest speakers in this camp include:
There will also be introductory training workshops in the following areas of business:
There are also 10 business idea pitch sessions on the final day for 10 lucky learners who will be randomly selected to pitch an idea for some money.
We will also have some mobile technology activity throughout the Camp where the learners will be required to give feedback, answer questions, post questions to guest speakers and guest lecturers and provide feedback on the Camp.
Any media wanting to attend are also welcome to do so. Any exposure would be great, as well as the opportunity to interview all guest speakers and the learners attending. For more information on the inaugural School Entrepreneurship Camp or to get involved, please feel free to contact Priscilla Morley on [email protected]
The Camp runs from 9:00am until 9:00pm. The 12 hour schedule includes workshops, guest speakers, video/movie and discussion times, team building exercises and will be a hands-on learning experience designed to guide program participants in becoming the owner of a real small business. This is a wonderful and diverse opportunity to learn about business at an early age. The idea of the camp is to get students from various schools in Gauteng, so that they will go in their school and will share these ideas with friends and parents.
The camp will be held Sediba Kwele Lodge which is located 40kms outside Brits at the North West.
For more information visit www.sedibakwele.co.za
Participants will learn real world business skills: team building, leadership development, financial management, verbal communication, and business etiquette through interactive lessons and exercises. Participants also learn how to successfully negotiate for business materials, set goals, and recognize real business opportunities.
We aim to motivate the previously disadvantaged youth to: