1. The FOURTH "R" Real Learning Via Problem-based Entrepreneurship Presented by: Dr. Cathy Ashmore, Consortium for Entrepreneurship Education Ronni Cohen, Director, Delaware Financial Literacy Institute Horace Robertson, Consortium for Entrepreneurship Education Chip Lowe, Consortium Tech Coordinator, Buchholz High School

2. The FOURTH "R" Real Learning Via Problem-based Entrepreneurship Entrepreneurship literacy is an essential component currently missing in 21st Century Skills. Because of tight schedules and lack of teacher expertise we are creating an entrepreneurship problem-based strategy to weave into core curriculum. Based on entrepreneur-created scenarios and questions for students to explore, activities require student engagement with the Internet and the community. The Consortium's 403 performance indicators serve as a basis for design and evaluation of K-16 and adult problem-solving experiences. Problem-based learning is not necessarily a "project", and Project-based Learning does not require addressing a "problem". Problem-based learning requires creativity, critical thinking, analyzing and interpreting, external contacts, community connections, questioning, and finding a solution... all that prepare them for life.

4. "D.I.Y." Problem Creation ON YOUR MARK (COMPETENCIES) GET READY GET SET GO! FINISH LINE ! Assessment Ideas

5. ENTREPRENEURSHIP EVERYWHERE Check out the NEW LOOK for the National Content Standards for Entrepreneurship Education.NEW LOOK for the National Content Standards for Entrepreneurship Education Now you can easily select the performance indicators related to where your program stands in the lifelong learning process! Check out the Choices - 5 Stage Model 1.Overview 2.Levels 1 & 2 3.Level 3 4.Levels 4 & 5 5.Total Lifelong Model LIFELONG ENTREPRENEURSHIP EDUCATION MODEL Developed by The Consortium for Entrepreneurship Education Columbus, OH

6. STANDARDS/Performance Indicators BASICSCOMPETENCY AWARENESS CREATIVE APPLICATIONS STARTUPGROWTH Entrepreneurial Skills The Processes and Traits/Behaviors associated with entrepreneurial success. A Entrepreneurial Processes Understands concepts and processes associated with successful entrepreneurial performance ** Discovery A.01Explain the need for entrepreneurial discovery A.02Discuss entrepreneurial discovery processes A.03Assess global trends and opportunities A.04Determine opportunities for venture creation A.05Assess opportunities for venture creation A.06Describe idea-generation methods A.07Generate venture ideas A.08Determine feasibility of ideas ** Concept Development A.09Describe entrepreneurial planning considerations A.10Explain tools used by entrepreneurs for venture planning A.11Assess start-up requirements A.12Assess risks associated with venture A.13 Describe external resources useful to entrepreneurs during concept development A.14Assess the need to use external resources for concept development A.15Describe strategies to protect intellectual property A.16Use components of a business plan to define venture idea ** Resourcing A.17Distinguish between debt and equity financing for venture creation

7. Student Name: __________________________________________________________ __ Problem-Solving Rubric If the Learning Manager desires to specify and assign percentages to the various assessment categories they can weight each of the chosen areas for which they want to assign the most focus of the problem solving activity. The National Content Standards for Entrepreneurship Education provide the source for selection of performance indicators. Score Assessment Categories4-Advanced 3-Proficient / On Target 2-Developing/ Getting There 1- Incomplete/ Needs More Competencies / Performance Indicators addressed appropriately Evidence indicates that performance indicators are all addressed in solution provided Most of the performance indicators are addressed in solution provided A good portion of the performance indicators were addressed in solution provided Few performance indicators were addressed in solution provided

8. Problem Based Learning & Entrepreneurship Education Creativity …. Critical Thinking … Real World Problems … Student Solutions … No one Correct Answer … Based on Entrepreneurship Standards … Teachers as Managers … Rubrics and Portfolios for Assessment … Combine with all disciplines … Problems available at all education levels … Encourage students to THINK!