Reversing Youth Unemployment

Entrepreneurship education is the fundamental tool for reversing the youth unemployment crisis globally. It is a tool that can arm young people not only to start businesses and create jobs, but also to be opportunity-focused, flexible employees ready to fill existing jobs.

The numbers are sobering.  Over 1.2 billion people in the world are between 15 and 24 years of age, a growing number that amounts to nearly 17 percent of the world population.  And between 2008 and 2011, the youth unemployment rate saw its largest annual increase on record; it rose from 11.8 to 12.6 percent.

Meet a NFTE Teacher

Greg Malkin, Cleveland, Ohio

Greg Malkin was a successful entrepreneur for almost 30 years before he decided to share his passion for business with students.

Greg has wanted to be his own boss since his high school days when he spearheaded an effort to sell ads in school flyers to local businesses.

As an undergraduate at MIT, Greg started a specialty advertising business to help pay for his college tuition. “I enjoyed selling door to door and I loved the thrill of the close,” he says. 

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For Administrators

Our award-winning, innovative and experiential program teaches young people critical skills such as reading, writing and math while they learn the steps to write and defend a business plan based on their own original idea. We also teach the entrepreneurial mindset.