Fundamentals of the Youth Entrepreneur and Advocacy Action Plan (YEAAP):
- It is an economic and social imperative to address youth unemployment challenges
- Boosting youth enterprises deliver substantial benefits both for the entrepreneur and for the economy
- Entrepreneurship is not for everybody, but for many it can provide a long-term route out of poverty
- Making entrepreneurship work is not the responsibility of one sector alone; it requires dedicated actions from all sectors of the community
- Young people need to be encouraged and supported to take advantage of the opportunities of entrepreneurship
While some programming and collaborative activity has existed, the YEAAP creates structure in the overall Surrey Board of Trade objective on the Workplace Development Strategy for Youth.
SURREY BOARD OF TRADE YOUTH ENTREPRENEUR BUZZ – JULY 2017
The Surrey Board of Trade (SBOT) has wrapped up another successful school year of inspiring youth through our Youth Entrepreneurship program, facilitated by Powerplay Strategies. Special thank you to our program sponsors: Coast Capital Savings, Fraserview Cedar Product, PW Trenchless, and Isha Enterprises.
Grades 4 to 8 students – Surrey Board of Trade PowerPlay Young Entrepreneurs®:
With PowerPlay Young Entrepreneurs®, Grades 4 to 8 students have fun discovering their passions, talents, and interests as they explore the world of business. They gain hands-on experience and discover that entrepreneurship is a skill set that can add to their success in all areas of life. They build confidence in their abilities and develop practical skills such as critical thinking, communications, and creative thinking. Over a six-week period, young entrepreneurs develop business plans, complete market research, create products, and prepare marketing materials. The enterprising students then showcase their achievements and earn real money. By donating a portion of their profits to charity, they also learn about the importance of social responsibility. Our next round will begin in Fall 2017. To learn more and get involved please visit our website.
Project Enterprise – High School program:
This year the SBOT continued our high school youth entrepreneurship program, this time with a new program facilitated by Powerplay Strategies called Project Enterprise. Project Enterprise helps Grades 9-12 students discover their ability to be change makers. Students are challenged to create business ventures with social responsibility as a cornerstone. The students create their own business plans, market test, design and sell their products. The program was debuted at three secondary schools: Frank Hurt, Princess Margaret, and Sullivan Heights Secondary. The program concluded with a “Dragon’s Den” style pitch and judging event the week of June 20th.
Youth Entrepreneurship Policy:
In May 2017, the SBOT composed a policy for the provincial government to focus on youth entrepreneurship – offering students of all ages the opportunity to pursue and receive the supports for entrepreneurship as a viable career. The SBOT received provincial chamber support. The SBOT will take this policy to the Canadian Chamber of Commerce to lobby the Federal government in September. To read more about the policy see below.
Sponsorship Investment for Youth:
The SBOT is leading the way in supporting and assisting our youth to become both job-seekers and job creators within Surrey, but we need your help! The SBOT is looking to expand our current support to youth, to include more elementary and secondary schools for the 2017 – 2018 year. If you are interested in sponsoring the program please contact Luke Arathoon for details at Luke@businessinsurrey.com or phone 604.581.7130.
Surrey’s Top 25 Under 25:
The award reception was held Thursday, April 20, 2017 with keynote speaker: Curtis Christopherson, Innovative Fitness, Reflex Supplements, RAD and 2016 Surrey Business Person of the Year. A list of this years winners is available here. The event is scheduled for Thursday April 26, 2018 with a nomination deadline in March. Start thinking of some remarkable under-25 youth to nominate. For questions and information about event sponsorship please contact Luke@businessinsurrey.com or 604.581.7130
Join Our Youth Entrepreneurship Team:
The Youth Entrepreneurship Team meets 6 times a year to discuss issues around youth unemployment, boosting youth enterprises so they may become the job creators of tomorrow, policy initiatives, and youth-based events. Want to get involved? Please contact Luke@businessinsurrey.com or 604.581.7130 to join the SBOT Youth Entrepreneurship Team.
Programs & Advocacy
The Surrey Board of Trade Youth Entrepreneur Team, comprised of business leaders and youth, will tie services, programming and events into the SBOT’s Business Centre as a hub for young entrepreneurs. The Youth Entrepreneur Team will engage in:
- Grades 4 to 8 Students: Surrey Board of Trade PowerPlay Young Entrepreneurs ®
- Project Enterprise sponsored by Coast Capital Savings – About 300 secondary students in Surrey participated in Spring 2017 with the support of a Community Grant from Coast Capital Savings. Taking business ideas from concept to completion, helped participants develop an entrepreneurial mindset and a sense of civic engagement.
- Post-Secondary-University & College Programming which include marketing services in collaboration with Kwantlen Polytechnic University (KPU)
and University and College Business Plan Competitions (including ongoing participation in the SFU Venture Connection Program)
- Career Mentorship
- Work Experience Program
- Youth Business Events which include the SBOT’s Top 25 under 25 Awards and Youth Innovator Award
- Youth Entrepreneur Business Centre Services
Their work plan and advocacy goals will be posted soon. The Surrey Board of Trade will be targeting investment at youth entrepreneurship to bring long-term benefits to governments and communities, both in reducing unemployment and in increasing tax revenue.