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Lincoln County, Oregon Youth Entrepreneurship Program Desired Outcomes: 1. Students learn about starting businesses and write their own business plan 2.

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Presentation on theme: "Lincoln County, Oregon Youth Entrepreneurship Program Desired Outcomes: 1. Students learn about starting businesses and write their own business plan 2."— Presentation transcript:

1 Lincoln County, Oregon Youth Entrepreneurship Program Desired Outcomes: 1. Students learn about starting businesses and write their own business plan 2. Create School Based Enterprises for real business experiences 2005: Kayak Rentals and Guided Tours 2006: Bicycle Rentals

2 Spring 2005: First Entrepreneurship class at Waldport High School Curriculum National Foundation for Teaching Entrepreneurship (NFTE) Rural Entrepreneurship through Action Learning (REAL) Open to all grade levels. Preference given to: junior and senior students students from low income households Results: Entrepreneurship instruction Students wrote a business plan or worked on the school based enterprise, the Kayak Shack History of Lincoln County Youth Entrepreneurship

3 Summer 2005: Waldport Outdoor Adventures/WHS Kayak Shack Opens Offers Kayak rentals Guided tours Open June through August, times based upon tides Liability insurance through school district Start up costs covered by grants Administered by volunteers, AmeriCorps*VISTA, Rural Community School Results: $12,000 profit 6 student summer jobs Positive customer evaluations Community support

4 Fall 2005: Second entrepreneurship class at WHS New instructor. Position funded by WHS Full year class Class still in progress Lessons Learned: Class works best if allow for one full year to instruct and write plans Students need to write plan while receiving instruction to make connections between material and their business Full time instructor is important When creating a school based enterprise Create partnerships Identify supervisor for the project History of Lincoln County Youth Entrepreneurship

5 Operated by Waldport High School Young Entrepreneurs Striving to Strengthen the Economy of South Lincoln County Oregon Coast Community College Small Business Development Center Lincoln County School District Waldport Rural Community School Partnership AmeriCorps and AmeriCorps*VISTA Port of Alsea Trust Management Services Ford Family Foundation City of Waldport Waldport Chamber Local businesses and individuals Friends of the Kayak Shack Partners for WHS Kayak Shack

6 Strengthen existing program Create second SBE Possible expansion of program: Younger students Other areas in Lincoln County Our program is very new, so we are working on this aspect. Prospect for loans to students through revolving fund set up by local banks Culture: participants beginning to promote entrepreneurship to other students Waldport community support for young entrepreneurs Connection to Entrepreneurship Development System Future Plans


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