School curriculums across the country from Pre-K to 12, unfortunately, lack key components: personal finance and entrepreneurship. Students often exit high school without the financial literacy skills that they need to enter in the real world.
InnovateX is a 501c(3) non-profit driven by a single goal: to spark a passion and appreciation for entrepreneurship within the younger generation. The ability to assess a problem with a critical eye, take risks, and utilize available resources to develop solutions is now more important than ever. By providing the opportunities and resources to help students understand and apply these skills to create new innovations, we hope to nurture the next generation of change-makers and doers.
Why is Entrepreneurship Important?
Entrepreneurship does more than teach students about money, investing, finances, and business strategies. It enables students to nurture 'unconventional talents and skills' and develop key critical thinking skills such as problem-solving, teamwork, risk taking, learning from failures, setting goals, and thinking creatively. These are lifelong skills that will stay with them through their educational careers and beyond whether or not they decide to pursue a business career in the future. Entrpreneurship creates opportunities and encourages social innovation as the next generation of changemakers will change the world for the better!
Economic and financial literacy is a foundational element to achieving financial health and needs to be included in early education programs. We have seen firsthand that improving the financial health of individuals has powerful ripple effects across families, communities, companies, and economies. And that process starts in the classroom.
DAN SCHULMAN PRESIDENT & CEO, PAYPAL
Source: Council for Economic Education
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