Presentation nfte

NFTE teaches entrepreneurship and entrepreneurial attitudes to underprivileged youth
NFTE stimulates and revitalizes youth to become the entrepreneur of their own future NFTE helps defining objectives for their professional orientation Underprivileged youth Non-natives Youth with a low level education Unemployed youth From vocational schools What does NFTE do ? Target groups

Creation of a business plan based of a virtual company of their choice in 60 hours – 9 full days
The business plan will outline
Marketing issues of their business : What do I sell ? To whom ? How ? At what price ? Where ?
Human resources : Do I hire ? Who ? What are my expectations ? And my workers expectations ?
Financial matters : what will be my turnover ? My expenses ? My profit ?
Quality issues : balance between price and quality
Ethical and environmental issues : how can I contribute to society ?
Short term and long term forecast : projections at 1 and at 56 years
Focus is on understanding why these elements are important in a company and how an employee with an entrepreneurial attitude can contribute to its working.
The NFTE program

Small groups of 12 to 15 students  more attention for each participant
Each student prepares his business plan on a personal computer using powerpoint and excel  useful in professional life Importance of correct and clear instructions , timing and debriefing after each exercise to link game and reality  set rules and limits Participative and interactive teaching methods : role play and simulations are constantly used  envision the reality of some situations Students are brought up to level when using the pc and encouraged to a professional use of the internet  useful in real life Focus on presentation skills : the business plan is presented to a public and a jury at the end of the session  increase self confidence Team work is stimulated  improve solidarity The NFTE methodology

Over 400 groups
4000 youngster
72% of the participants
42% found a job
7% started a business
23% continued or returned to school
Improved positive attitudes
motivation + 57%
self confidence + 56%
punctuality + 51%
respect + 51%
Team spirit + 52%
92% of enrolled students complete the NFTE training The NFTE results in 10 years in Belgium

CSR – around 30 sponsoring companies with a 3-year engagement
National and regional funding at project level
Fonds de Participation
NFTE Funding

Presentation nfte

by aletom78 on Nov 08, 2010

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