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NFTE's mission is to teach entrepreneurship to low-income young people, ages 11 through 18, so they can become economically productive members of society by improving their academic, business, technology and life skills.
Founded in 1987 by Steve Mariotti (a former business executive and entrepreneur) while he was a public high school teacher in New York CityÃ¢Â Â s South Bronx, NFTE began as a dropout prevention and academic performance improvement program for students who were at risk of failing or quitting school. Combining his business background with his desire to teach at-risk students, Steve discovered that when low-income youth are given the opportunity to learn about entrepreneurship their innate Ã¢Â Â street smartsÃ¢Â Â can easily develop into Ã¢Â Â academic smartsÃ¢Â Â and Ã¢Â Â business smarts.Ã¢Â Â Through entrepreneurship, youth discover that what they are learning in the classroom is relevant to the real world.
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