Entrepreneurial Skills Training for Youth
Entrepreneurial skills training, one of the 14 program elements for the WIOA youth program, provides the basics of starting and operating a small business.
This training helps youth develop the skills associated with entrepreneurship and the gig economy, such as the ability to take initiative, creatively seek out and identify business opportunities, develop budgets and forecast resource needs, understand various options for acquiring capital and the trade-offs associated with each option, and communicate effectively and market oneself and one’s ideas.
Examples of approaches to teaching youth entrepreneurial skills include:
- Entrepreneurship education that provides an introduction to the values and basics of starting and running a business, such as developing a business plan and simulations of business start-up and operation.
- Enterprise development which provides supports and services that incubate and help youth develop their own businesses, such as helping youth access small loans or grants and providing more individualized attention to the development of viable business ideas.
- Experiential programs that provide youth with experience in the day-to-day operation of a business.
Check out the resources below for information and ideas on providing entrepreneurial skills training to youth.
Guides for Program Development
- Financing Entrepreneurship Programs for Youth Transitioning Out of Foster Care rel="noopener noreferrer"
Youth rel="noopener noreferrer" Entrepreneurship Program Examples
- Youth Entrepreneurship Manual: Implementing Entrepreneurship into Lincoln County, Oregon High Schools rel="noopener noreferrer"
Additional Resources & Curriculum
- Office rel="noopener noreferrer" of Disability Employment Policy Youth Entrepreneurship Education Resource Page