Young Entrepreneur Academy
Very often young people from underserved communities may not have much exposure to the many opportunities that business ownership can provide for personal and economic success. As a result, they may lack hope and settle for less than their full potential. To address this issue, the Academy is designed to teach transition-aged youth from underserved communities how to identify, plan, and start their own businesses.
During their time in the Academy, students will learn key fundamental structures, business plan development, industry knowledge, and systems models that will give them a strong foundation for success. In addition, they will have the opportunity to learn from successful diverse business owners firsthand, gaining valuable insight into the skills and characteristics that are necessary for success in the business world. All participants in the Academy are required to start a micro-business, providing them with real-world experience in developing a business plan, raising capital, and managing a business.
The program includes wraparound services that provide leadership opportunities and includes a one-to-one adult mentoring component to increase support for participating youth. Through their participation in the training program and internships at successful DBE companies, youth will learn the value of hard work as a means to succeed in life.
Our collaboration with the Juvenile Diversion Initiative (JDI) by the DA’s office, allows eligible youth the opportunity to attend our Young Entrepreneur Academy as part of the program designed to divert them from the court system.
Participants in the YEA can register their start-up with the Council as a "Young DBE" at no cost. These youth benefit from the long-term support of the council and have access to mentorship opportunities.
If you are interested in making a contribution to support the continuation and expansion of programs like these please click the button below to make a donation.