The document discusses the National Foundation for Teaching Entrepreneurship (NFTE), which teaches entrepreneurship and entrepreneurial attitudes to underprivileged youth. NFTE helps youth develop business plans for a virtual company over 60 hours and 9 days. The plans cover marketing, human resources, finances, quality, ethics and forecasts. NFTE uses small groups and interactive methods like role playing to encourage participation. After NFTE training in Belgium, 72% of participants found jobs or started businesses and 92% completed the training, with improved motivation, confidence and skills. NFTE is funded through corporate sponsorships, national funding and participation funds.

1. E-COP – Project no. 167127-LLP-1-2009-1-IT-KA1-KA1ECETB
Kick-off meeting, Milan, February 25 and 26, 2010 1

2. E-COP – Project no. 167127-LLP-1-2009-1-IT-KA1-KA1ECETB
Kick-off meeting, Milan, February 25 and 26, 2010 2
What does NFTE do ?
NFTE teaches
entrepreneurship and
entrepreneurial
attitudes to
underprivileged youth
NFTE teaches
entrepreneurship and
entrepreneurial
attitudes to
underprivileged youth
NFTE stimulates and
revitalizes youth to
become the
entrepreneur of their
own future
NFTE stimulates and
revitalizes youth to
become the
entrepreneur of their
own future
NFTE helps defining
objectives for their
professional
orientation
NFTE helps defining
objectives for their
professional
orientation
Target groups
Underprivileged
youth
Underprivileged
youth Non-nativesNon-natives
Youth with a low
level education
Youth with a low
level education
Unemployed
youth
Unemployed
youth
From vocational schools

3. E-COP – Project no. 167127-LLP-1-2009-1-IT-KA1-KA1ECETB
Kick-off meeting, Milan, February 25 and 26, 2010 3
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

4. E-COP – Project no. 167127-LLP-1-2009-1-IT-KA1-KA1ECETB
Kick-off meeting, Milan, February 25 and 26, 2010 4
Small groups of 12 to 15 students 
more attention for each participant
The NFTE methodology
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

5. E-COP – Project no. 167127-LLP-1-2009-1-IT-KA1-KA1ECETB
Kick-off meeting, Milan, February 25 and 26, 2010 5
The NFTE results in
10 years in Belgium
Over 400 groups
4000 youngster
Over 400 groups
4000 youngster
72% of the participants
• 42% found a job
• 7% started a business
• 23% continued or
returned to school
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%
Improved positive
attitudes
• motivation + 57%
• self confidence + 56%
• punctuality + 51%
• respect + 51%
•Team spirit + 52%
92% of enrolled
students complete the
NFTE training
92% of enrolled
students complete the
NFTE training

6. E-COP – Project no. 167127-LLP-1-2009-1-IT-KA1-KA1ECETB
Kick-off meeting, Milan, February 25 and 26, 2010 6
• CSR – around 30 sponsoring companies with a 3-year engagement
• National and regional funding at project level
• Fonds de Participation
NFTE Funding

7. E-COP – Project no. 167127-LLP-1-2009-1-IT-KA1-KA1ECETB
Kick-off meeting, Milan, February 25 and 26, 2010 6
• CSR – around 30 sponsoring companies with a 3-year engagement
• National and regional funding at project level
• Fonds de Participation
NFTE Funding