Below you'll find some interesting facts about NFTE and compelling statistics that portray the need for entrepreneurship education.

Quick Facts about the Network for Teaching Entrepreneurship (NFTE)

  • The Network for Teaching Entrepreneurship (NFTE) was founded in 1987 by New York City entrepreneur turned high school teacher Steve Mariotti.
     
  • Headquartered in New York City, NFTE has local offices in Baltimore, Bay Area, Chicago, North Texas, the DC Region, Fairchester (Fairfield County, CT & Westchester County, NY), Greater Los Angeles, New England, New York City Metro, Philadelphia and South Florida. Find out more about our program offices.
     
  • NFTE also operates programs via 6 domestic licensees and 9 international licensees in Europe, Asia, the Middle East and Africa. Find out more about our licensed partners.
     
  • NFTE has reached more than 500,000 young people around the world since it was founded.
     
  • Staff size: 70
     
  • Annual budget: $13 million. View our most recent annual report.
     
  • The 11th edition of NFTE high school curriculum, Entrepreneurship: Owning Your Future, was awarded the 2010 Distinguished Achievement Award for best high school math curriculum by the Association of Educational Publishers.


The Need for Entrepreneurship Education

  • 1 in 3 high school students in the US drop out - that's 7,000 students every day or one student every nine seconds - including nearly 50 % of all African American, Latino and Native American students.
     
  • High school students from low-income families were 6 times more likely to drop out than students from higher income families.
     
  • High school dropouts earn, on average,  $250,000 less over a lifetime than high school graduates, costing state and federal governments more than $26 billion in lost income taxes.
     
  • 81% of dropouts report they would have stayed in school if it were relevant to their lives.