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Teen Entrepreneur
 
Tuesday, 29 March 2016, Issue # 2

2016 IS GOING TO BE A LANDMARK YEAR FOR OUR PROGRAMME!

imageWow! We're already one month into the new school year, and here at the Teen Entrepreneur office we have hit the ground running. The first of our Idea Generation Workshops at a number of our Entrepreneur Societies across schools in and around Cape Town have gone amazingly well. The level of commitment to the programme from both teachers and learners has been really awesome, and for us has served as confirmation that the programme will achieve what it was designed to do... to foster a spirit of enterprise development amongst our school-going youth. The learners we have interacted with thus far have had really innovative ideas, ones that, with help and support from the programme, can be turned into viable and sustainable businesses over time.
We are piloting the project at 8 high schools in the Western Cape, and requests to roll-out to the rest of the country are already pouring in. Our objective is to pilot 8 active schools in each province, in 2016 and increasing this to 100 or more in each province in by 2017, so if you are reading this right now, and your school has not signed up yet, do get in touch with us!

We are thankful for our private sector partners, SAP and Shoprite, for their support of the Teen Entrepreneur Programme. Their support has enabled those schools wishing to create Societies, but without the means to do so, to enrol and become part of the programme. We encourage other businesses to make contact with us so we can explore how they might be able to come on board to support this initiative.

Essentially, each school requires a minimum of R35,000 to set up and run an Entrepreneur Society - see enclosed video to give you an idea as to how these funds are apportioned:

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If we can instil a culture of entrepreneurship amongst our youth, we will go a long way to creating a better outlook for our economy and our country.

 

Herzlia and Spes Bona launch their Idea Cafés with much excitement and enthusiasm!

Our Idea Café road show has kicked off, and schools are receiving us with much
excitement and enthusiasm!

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Learners from the Herzlia Middle School are taken through the programme for the year.

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Teacher and learners from Spes Bona High School discuss their business ideas at their first Society meeting for the year.

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Back-a-Buddy partnership drives society launches in schools

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Our long-term goal is to see that all high schools run Entrepreneur Societies across South Africa. While we believe that this goal is achievable, it is unfortunately a reality that not all schools are in a position to afford R35,000 per year to run the programme.

We therefore will continue to be reliant on funders for their ongoing support, and have therefore entered into a partnership with BackaBuddy - a crowd funding platform - which will enable each Society to continue to operate through fundraising.

This will mean that each school will need to build and maintain their network of stakeholders and alumni in order to assist the school with lobbying for financial assistance.

We appeal to all Society Champions and school principals to register their schools at https://www.backabuddy.co.za/charity/profile/sa-teen-entrepreneur-foundation in order to start building their networks and connections.

Should you need to talk to someone about the concept of crowd funding, kindly contact Catherine Taylor on E: catherine@backabuddy.co.za or T: 062 163 2276.


WE CELEBRATE OUR YOUTH ENTREPRENEUR AMBASSADORS

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We are most fortunate to be supported by a team of Youth Entrepreneur Ambassadors. They work tirelessly to promote the SA Teen Entrepreneur Programme amongst the youth and encourage sign-ups. We caught up with Marcelino Julies and asked him why he is so passionate about the programme:

Q: How old are you?
A: I am 29 years old

Q: Why do you support the SA Teen Entrepreneur Programme?
A: I support the programme because it aims to reduce the level of unemployment in our communities by empowering young people with the required skills to run their own businesses one day.

Q: What are your interests outside of promoting the programme?
A: I run my own small business, so in fact I am an Entrepreneur Ambassador for the SA Teen Entrepreneur Programme as well as for my own business.

Q: What are your plans for the future?
A: I plan to grow my business into a huge enterprise in the next 3 to 5 years.

Thank you Marcelino for your support and unwavering commitment to the SA Teen Entrepreneur Programme!!!

 
 

WE WELCOME YOU TSiBA INTERNS

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The Tertiary School in Business Administration (TSiBA) has made available to us 4 of their Business Studies students as part of a 6-month internship programme. The timing of their arrival is perfect as they are already proving to be invaluable in the establishment of our Entrepreneur Societies. They are our direct liaison with the champion teachers at each of our participating schools, and will drive social media activity around what is happening at each of our societies.

 
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For further information, or if you have any comments about the content of this eNewsletter, or you/your school want to become a member of the SA Teen Entrepreneur Programme, please contact:

Teen Entrepreneur

SA Teen Entrepreneur Foundation (Trust)
C/o Cape Academy for Maths, Science and Technology
Firgrove Way, Constantia, 7966
www.teenentrepreneur.co.za
Tel: +27 (0)21 795 0566
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