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The vision of the National Foundation for Teaching Entrepreneurship (NFTE, pronounced "nifty") is to bring the power of entrepreneurship and economic self-sufficiency to young people around the world. Its mission is to teach low-income and at-risk young people the basics of starting and operating small businesses, in order to break the cycle of poverty and foster independence. NFTE strives to achieve its goals by creating curriculum, training teachers and youth workers, and providing alumni services.
A 501(c)(3) organization founded in 1987, NFTE has developed and implemented a proven entrepreneurship training program that targets at-risk and low-income youth. Nationally, the organization has served over 30,000 teens, and our Northern California Division - which opened 7 years ago - has reached over 4,000 youth in the San Francisco Bay Area. As the nationwide leader in youth entrepreneurship, we believe very strongly that the process of teaching a teen to properly plan for and then launch a small business is a tremendous tool for promoting leadership, job readiness, self-esteem, and a sense of self-sufficiency. We also find that the relevancy of entrepreneurship, combined with the experiential nature of our programs, significantly enhances students' basic academic, technical, and social skills. NFTE offers its entrepreneurial training to low-income youth through in-school courses, after-school programs, and summer BizCamps held in partnership with universities and community-based organizations around the world. Locally, our summer Bizcamp is held in collaboration with Stanford University.
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