One
of the most exciting pieces of news on the small business front today is the
emergence of youths 11-18 years of age starting and operating real,
money-making businesses. This is due to such rapidly growing organizations as
YEA (Young Entrepreneurs Academy ),
which caters to students in 168 different communities and 30 states across the
country.
Here
in Palm Beach County , South Palm Beach SCORE was the
very first organization to provide a team of volunteer business executives to
assist in the mentoring of the youngsters in the program. The program, now
entering its 4th year of operation, is administered locally by the
Boca Raton Chamber of Commerce, and the class size is limited to 24 students,
all of whom pay a fee for the 30 week, 100 hour program, with scholarships
available.
The
fruits have been rich and growing. The
YEA program boasts over 1000 businesses started, with one fifth still operating
in the 2nd year. Assisted by scholarships of over $500,000, the
savvy youngsters are tasting real financial success and developing true
entrepreneurial skills for their futures. And our SCORE Chapter is in the
forefront of promoting this exciting small business concept.
Martin
Kahn, Certified
SCORE Mentor
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