Youth Entrepreneurs
Founded1991 (1991)
FounderThe Charles G. Koch Charitable Foundation
TypeCharitable educational organization
48-1187886
FocusEducation of "at-risk" students
Location
  • 4111 E. 37th St.
    Wichita, KS 67220
Coordinates37°45′05″N 97°17′10″W / 37.7515°N 97.2861°W / 37.7515; -97.2861
Area served
United States
Methodoffering specialized classes for high school credit
OwnerIndependent
Key people
Kylie Stupka, Executive Director
Phoebe Bachura, Development Director
Jill Engstrom, Development Coordinator
WebsiteYE official website
Formerly called
Youth Entrepreneurs Kansas

Based in Wichita, Kansas, Youth Entrepreneurs (YE) is a 501(c)(3) official non-profit charitable educational organization.[1] Their goal is to provide entrepreneurship education to students in middle and high school, inspiring “students to overcome barriers and seize opportunities for the betterment of themselves and others.” [2]

Origin

In 1991, Liz and Charles Koch founded Youth Entrepreneurs, originally an eight-week course at a Wichita high school.[3] By 2019, the organization had grown to a presence in over 126 schools throughout the United States.[4]

Goals and operations

Youth Entrepreneurs states that their major objective is to provide high school students, particularly at-risk students, with business and entrepreneurial education, focusing primarily on three objectives:[5]

  1. Providing students with the knowledge and skills necessary to start their own businesses
  2. Teaching students how to apply those entrepreneurial skills to become better employees, and
  3. Encouraging students to continue onto higher education

YE cites the following “Foundational Values” as the key to student success: Responsibility, Be Principled, Knowledge, Freedom, Passion, Opportunity, Sound Judgment and Win-Win Focus.”[6]

Currently, the organization offers year-round high school classes about economics with an emphasis on "free market principles" and practical business skills.

After 2010, the organization began offering YA students college credits through the organization's partnership with Butler Community College and other higher learning institutions, in the hopes of helping students to "get a head start on their college career".[7] Like the high school classes, these college-level courses are aimed at providing business training.[8]

Classes that run through the school year are supplemented by summer camps. The summer camp at Dodge City High School in Dodge City, Kansas, for example, aims to provide students with an interactive and exciting way to practice business principles, including by competing for cash prizes and receiving feedback for business ideas that students present.[9]

In 2011, YE awarded $100,000 in scholarship money to YE alumni to pursue 4-year degrees. YE also supports alumni through mentorship programs, ensuring that they have a support structure including continuing education and networking to aid them in breaking into the business world.[10]

Controversy

The YE program has been criticized for being a platform to disseminate the Koch philosophy. Charles and his brother David Koch were longtime supporters of the Libertarian Party before becoming Republican kingpins. In 1980 and at the beginning of the Reagan era, the Libertarian platform proposed a drastic revision of the American education system: "We advocate the complete separation of education and state. Government schools lead to the indoctrination of children and interfere with the free choice of individuals. Government ownership, operation, regulation, and subsidy of schools and colleges should be ended."[11]

YE High School posters target predominantly poor students with the premise of receiving generous financial incentives including startup capital and scholarships after graduation. YE classes are disguised as typical high school business courses, taught in public schools by a certified teacher. But they are actually guided by Youth Entrepreneurs, with lesson plans and class materials promoting the Koch Industries free-market Libertarian ideology. Course information includes: The minimum wage hurts workers and slows economic growth. Low taxes and less regulation allow people to prosper. Public assistance harms the poor. Government, in short, is the enemy of liberty.[11]

Importance

Analysts recognize entrepreneurship as an essential part of economic development,[12] and is especially necessary in areas like the Midwestern United States that have been hit hardest by recent economic recession.[13]

Education analyst Dr. Steve Wyckoff[14] said of YEK's role in the rehabilitation of the economy of the Midwest,

One of the major issues we have in rural America is the shortage of jobs and businesses. If we can find those students across rural America who have a passion that can be applied in a local business, we can grow our own jobs. We're never going to get businesses to move to rural Kansas in sufficient numbers to solve the problem. It's imperative for the survival of rural America that we begin to grow our own jobs.[15]

YEK works in partnership with the Network For Teaching Entrepreneurship, another international nonprofit organization dedicated to providing entrepreneurship programs to young people from low-income communities.[16]

References

  1. ↑ "Youth Entrepreneurs-FAQ". Retrieved 16 June 2019.
  2. ↑ "Youth Entrepreneurs-Business Brought to Life". Retrieved 16 June 2019.
  3. ↑ "Our Story". Retrieved 3 June 2019.
  4. ↑ "Year in Review". Retrieved 3 June 2019.
  5. ↑ "Raise money for Youth Entrepreneurs of Kansas - YEK through simple, everyday actions!". GoodSearch.com. Retrieved 17 January 2012.
  6. ↑ "About YE". Retrieved 20 May 2019.
  7. ↑ "Business Plan Executive Summary - Youth Entrepreneurs Kansas Offers Credit Through Butler". 12 December 2010. Retrieved 17 January 2012.
  8. ↑ Way, Allison (14 April 2011). "Youth Entrepreneurs: A new generation of business leaders". Retrieved 17 January 2012.
  9. ↑ Reagan, Mark. "Summer Entrepreneurship camp gives students chance to hone business skills". Dodge City Daily Globe. Retrieved 17 January 2012.
  10. ↑ "YEK Homepage". Retrieved 17 January 2012.
  11. 1 2 "Koch High: How The Koch Brothers Are Buying Their Way Into The Minds Of Public School Students". Huffington Post. 2014-07-16. Retrieved 17 July 2014.
  12. ↑ "The importance of entrepreneurship". United Nations Conference on Trade and Development. Retrieved 17 January 2012.
  13. ↑ "MIDWEST HIT HARDEST IN RECESSION, BUT JOB OPPORTUNITIES GROWING". Georgetown University. 13 September 2011. Retrieved 17 January 2012.
  14. ↑ Wyckoff, Steve. "Bio - Dr. Steve Wyckoff". Retrieved 17 January 2012.
  15. ↑ Wyckoff, Steve. "School change: YEK . ... AWESOME!". Real School Change: Questioning Assumptions About Education. Retrieved 17 January 2012.
  16. ↑ "NFTE partners with these established organizations to bring our innovative curriculum to even more young people across the country". NFTE. Retrieved 17 January 2012.
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