This week NFTE CEO Amy Rosen is in Davos, Switzerland at the 2014 World Economic Forum (WEF). WEF brings together world leaders to discuss and think through economic issues affecting the world. Amy is on the ground meeting key thought-leaders in business, academia and government to find solutions to a quickly rising problem: global youth unemployment.
NFTE Fairchester (Fairfield County CT & Westchester County NY) students in PortChester High School enjoy a special partnership with the business professionals at MasterCard, whose corporate headquarters is a mere five minutes down the road from their school. MasterCard and PortChester High School are partnered through the NFTE Adopt-a-School program, now in its second year.
Knight Foundation supports the Network for Teaching Entrepreneurship (NFTE) to use technology to prepare students from low-income communities for today’s tech landscape. Below, Alice Horn, executive director of NFTE South Florida, writes about a national initiative to teach teens to code.
I had a wonderful experience today helping chart the course for bringing financial literacy to all young Americans. I joined the President's Advisory Council on Financial Capability in presenting our findings to President Obama.
“Education = Opportunity. The opportunity to work. The opportunity to escape poverty. The opportunity to live healthily. The opportunity to live confidently. The opportunity to hope. I believe you deserve an education. Whoever you are. It's your right.”
I feel a strong sense of optimism as I continue to participate in meetings and events, and talk with people spontaneously in and out of the Congress Centre. A growing group of business and government leaders, social entrepreneurs and journalists are coming to the conclusion that we must act NOW and together to find solutions that offer hope to the growing global army of unemployed youth. Driven by economic interests and/or moral callings, I sense that urgency is suddenly entering the discussion. Add 75 million current unemployed youth with the 200+ million that today make less than $2.00 per day and suddenly, we are facing a cold reality. 35% of young people under 27 are turning more and more towards hopelessness.
“It is entrepreneurs who represent the best hope of creating sustained economic growth around the world. Students who can develop the entrepreneurial mindset early on are going to have a distinct advantage, whether economic conditions are weak or strong.”– MARIA PINELLI, GLOBAL VICE CHAIR,STRATEGIC GROWTH MARKETS, ERNST & YOUNG GLOBAL LTD. & CHAIRMAN, NFTE BOARD OF DIRECTORS