Junior Achievement Young Enterprise (JA-YE) kicks off the Fifth Annual Social Innovation Relay (SIR) today, supported by NN. The SIR is a global competition that challenges students to develop an innovative business concept that addresses a social need. The SIR provides young people with the hands-on skills and entrepreneurial expertise needed to start a successful career through a combination of virtual and face-to-face mentoring by experienced executives.
A new initiative aims to promote entrepreneurship education and make policy recommendations that can be put into effect by national school systems. The European Entrepreneurship Education NETwork (EE-HUB.EU) will exchange information and experience, improving and creating synergies between the many initiatives in the field.
European youth often lack necessary job skills and entrepreneurial competences, which contributes to consistently high youth unemployment rates. To address this problem, a group of policy and industry stakeholders gathered today to launch the Entrepreneurial Skills Pass (ESP), a European qualification in entrepreneurship for young people, giving potential employers proof that its holder has real entrepreneurship experience and relevant job skills.
“If half of the entire student population received practical experience in setting up a company while still in school, what would be the individual and wider societal impact? This is just one of the questions that will be addressed in this new three-year study,” says Caroline Jenner, CEO of JA-YE Europe, the largest provider of entrepreneurial education programmes in Europe.
Across Europe this academic year, fifteen countries will run the JAYE Europe – Hyundai Skills for the Future programme 2014-2015. That represents a 300% increase in the number of countries participating since Hyundai Motor Europe started its collaboration with JAYE Europe in 2012. Inspired by the impact of the initiative on young students, schools in seven new countries will integrate the programme into their academic activities this school year 2014-2015. These are Denmark, Norway, Romania, Bulgaria, Slovenia, the Netherlands, and Austria.
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