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Entrepreneurship 

Our Entrepreneurship program curriculum adheres to the National Content Standards for Entrepreneurial Education, which are based on two core assumptions:

  • Entrepreneurship is a key driver of our economy.

  • Entrepreneurship education is a life-long learning process.

Entrepreneurship
Curriculum Standards 

There are fifteen major standards, which are divided into the following three major sections:

  1. Entrepreneurial Skills: The unique traits, behaviors & processes that differentiate an entrepreneur from an employee or manager. 

  2. Ready Skills: The business, or entrepreneurial, knowledge & skills that are prerequisites or co-requisites for the study of entrepreneurship. 

  3. Business Functions:  The business activities performed in starting & running a business.

The Five Stages of the Entrepreneurial Process

There are five stages of the entrepreneurial process:

  1. Discovery: the stage in the entrepreneurial process in which the entrepreneur generates ideas, recognizes opportunities, and determines the feasibility of ideas, markets, ventures, etc. 

  2. Concept Development: The stage in the entrepreneurial process in which the entrepreneur plans the venture, identifies needed resources using a business plan, identifies strategies to protect intellectual property, etc. 

  3. Resourcing:  The stage in the entrepreneurial process in which the entrepreneur identifies and acquires the financial, human, and capital resources needed for the venture startup.

  4. Actualization: The stage in the entrepreneurial process in which the entrepreneur operates the venture and utilizes resources to achieve its goals/objectives.

  5. Harvesting: The stage in the entrepreneurial process in which the entrepreneur decides on the venture's future (growth, development, demise). 

The five stages of the entrepreneurial process, along with the individual traits and behaviors associated with the successful entrepreneur, comprise the set of “Entrepreneurship Skills” listed in the National Content Standards for Entrepreneurship Education (link below).