American Student Assistance collaborates with Network for Teaching Entrepreneurship in a strategic alliance

Introduction:

American Student Assistance ® (ASA) has teamed up with the Network for Teaching Entrepreneurship (NFTE) to expand access to entrepreneurship education for middle and high schoolers from marginalized communities. NFTE currently serves 50,000+ students annually across 30 U.S. states and ASA’s support will allow NFTE to expand its position as one of the nation’s largest entrepreneurship education nonprofits.

Full Article: American Student Assistance collaborates with Network for Teaching Entrepreneurship in a strategic alliance

American Student Assistance and Network for Teaching Entrepreneurship Announce 10-Year Affiliation Agreement

American Student Assistance (ASA) and the Network for Teaching Entrepreneurship (NFTE) have entered into a 10-year, $25 million affiliation agreement. This strategic alliance aims to expand access to high-quality entrepreneurship education programs for middle and high schoolers from rural, marginalized, and economically disadvantaged communities.

Agreement Details

The affiliation agreement includes an immediate $5 million unrestricted grant and annual matching grants of up to $2 million for the next 10 years. ASA’s support will help NFTE move from a school-by-school approach to a more systemwide strategy, expanding the number of schools, teachers, and students the organization works with each year. NFTE currently serves over 50,000 students annually across 30 U.S. states.

Impact of the Alliance

The alliance will support curriculum development, business plan competitions, professional development for teachers, research on career readiness through entrepreneurship education, and policies promoting students’ acquisition of credentials and certifications in entrepreneurship. NFTE CEO Dr. J.D. LaRock emphasized that the partnership aligns with the organizations’ missions to help young people discover their potential and foster creativity, success, and self-actualization.

About ASA and NFTE

ASA is dedicated to changing the way kids learn about careers and navigate a path to postsecondary education and career success. They believe in providing equitable access to career readiness learning for all students. On the other hand, NFTE ignites the entrepreneurial mindset in students through unique learning experiences, empowering them to own their futures. NFTE has educated over 1.25 million students, delivering programs in school, out of school, in person, online, and through hybrid models.

Impact of Entrepreneurship Education

Research shows that access to high-quality entrepreneurship education leads to better career and economic outcomes. Through this affiliation, ASA and NFTE aim to expand their reach and impact on young people from underrepresented communities, preparing them for the future of work and reducing educational and workplace inequities.

Board Appointment

As part of the strategic alliance, Jean Eddy, CEO and President of ASA, will be joining the NFTE’s Board of Directors, and Dr. LaRock will be appointed to ASA’s Board of Directors.

Conclusion

The 10-year affiliation agreement between ASA and NFTE is a significant step towards providing high-quality entrepreneurship education to students from underrepresented communities. This partnership aims to foster creativity, success, and self-actualization among the nation’s youth, equipping them with the skills and mindset for future career and economic success.

Summary: American Student Assistance collaborates with Network for Teaching Entrepreneurship in a strategic alliance

American Student Assistance (ASA) and Network for Teaching Entrepreneurship (NFTE) announced a 10-year, $25 million affiliation agreement to expand entrepreneurship education programs for middle and high schoolers in rural and disadvantaged communities. ASA’s CEO, Jean Eddy, stated that access to entrepreneurship education leads to better career and economic outcomes. The alliance aims to help students discover their career paths.

Frequently Asked Questions

What is the Strategic Alliance between American Student Assistance and Network for Teaching Entrepreneurship?

American Student Assistance has formed a strategic alliance with the Network for Teaching Entrepreneurship (NFTE) to help students and young professionals gain access to resources, mentorship, and opportunities for entrepreneurship education and training.

How will this alliance benefit students and young professionals?

Through this alliance, students and young professionals will have access to NFTE’s proven curriculum, mentorship, and funding opportunities to help them develop their entrepreneurial skills and explore career pathways in entrepreneurship.

Will there be any new programs or initiatives as a result of this alliance?

American Student Assistance and NFTE will collaborate to develop new programs and initiatives that will provide tailored support to individuals interested in pursuing entrepreneurship as a career. This may include workshops, networking events, and funding opportunities.

How can students and young professionals get involved in the alliance?

Students and young professionals can get involved in the alliance by participating in NFTE’s programs and initiatives, and by seeking mentorship and resources through American Student Assistance’s network of partners and resources.

What are the long-term goals of the alliance?

The long-term goals of the alliance are to empower students and young professionals to pursue entrepreneurial opportunities, to foster a culture of innovation and creativity, and to support the next generation of business leaders and innovators.

How can I learn more about the alliance and its upcoming events?

For more information about the alliance and upcoming events, please visit the American Student Assistance and Network for Teaching Entrepreneurship websites for updates and announcements.

Is this alliance only for students or can young professionals also benefit from it?

Both students and young professionals can benefit from the alliance, as it is designed to support individuals at various stages of their entrepreneurial journey, from exploration to execution.