Developing entrepreneurial skills not only gives students options for their futures — it also helps them perfect real-life skills, including problem solving, critical thinking, teamwork and resilience.
Participating in an entrepreneurship education and training program increases the probability students will start a business and derive higher income compared to students who didn’t participate in the program, according to a 2015 study published in the Journal of Economic Behavior & Organization.
That is especially important for students who experience barriers to participating in the economy, including BIPOC, Native American, low-income and rural youth, according to the Aspen Institute Forum for Community Solutions, which launched the Youth Entrepreneurship Fund in 2017. The fund aims to promote racial and economic equity and…