Five reasons why children need entrepreneurship education

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Using findings from Educating Future Founders* - an international research-led report into entrepreneurial  education - here are some compelling reasons why ABE supports widespread access to entrepreneurial 
education in school.

  1. Reduces unemployment: people who receive entrepreneurial education in school are shown to have a reduced chance of unemployment later in life.
  2. Increases financial stability: even after ten years, participants in a school entrepreneurship programme earned, on average, 10.2% more than those with a similar education background who had not participated.
  3. Raises academic engagement: entrepreneurial education enables students to see how subjects such as maths and literacy relate to the world of work and this has been shown to increase student engagement.
  4. Prepares for the future: many jobs of the future have not yet been invented. Entrepreneurial education develops flexible thinking that helps people adapt to change and recognise opportunity.
  5. Supports economic prosperity: in much of the world over half of all young people hope to start a business, however many businesses fail due to poor management. In developing countries, where entrepreneurial ambition is highest, access to university is lowest, so schools offer the best opportunity for would-be entrepreneurs to develop the skills that will help them build sustainable enterprises which benefit the wider economy.

Find out more about how ABE can help your school deliver entrepreneurship education at: www.abeuk.com/abe-schools

 

*Educating Future Founders is a report from the largest-ever international research-led study into early intervention in entrepreneurship education. Based on the study's findings the report calls on governments to embed entrepreneurship in the curriculum from the start of secondary school.  The report was produced by Westminister think tank The Entrepreneurs Network and supported by ABE.

For more information and to access the report go to:  www.abeuk.com/research-campaigns.