Karmyo Foundation has been providing entrepreneurship education to secondary school students from Government and low income schools, helping them develop 21st century life-skills.
Why Entrepreneurship for children?
Imagine as a school student if you had received a learning environment, where you collaborated with fellow-students to implement real-life projects, interacted with real stakeholders, celebrated failures and made a real impact. Definitely it would have helped any of us to realize our inner strengths early on in our lives and also to develop life-skills, such as Problem Solving, Teamwork, Decision Making, Managing Failures, Communication etc.
Today, the rate of change in technological innovations is the fastest that the man has ever seen. Millions of youngsters, going through the formal education system are neither being prepared to face the new challenges that the 21st century poses nor are they realizing their own strengths and potential!
At a macro level, our nation is facing serious challenges of unemployment and lack of innovation. 12 million people to be employed every year, whereas only 5.5 million jobs are created (AISHE Report 2015-16). The Global Innovation Index ranked India on number 52, although we have all the ingredients to be an Innovation Superpower!
Through experiential learning by working on entrepreneurial projects, students are able to develop 21st century life-skills & innovative thinking, as well as become better prepared to succeed as entrepreneurs in the future and create many jobs. Recent reports from European Commission and from United Nations show this correlation very clearly.
Under our Mini-Company Program, we implement a well-researched framework where a batch of about 50 students ideate, launch and manage their very own ‘mini-companies’. They assume the role of a ‘co-founder’ and work on their respective startups in small groups of five each, planning, taking decisions and interacting with real stakeholders. They go through a practical and fun curriculum, including 50 hours of facilitation by experts and interactions with ‘role-models’. Towards the end of the program, all batches shall present their mini-companies to the audience.
Entrepreneurship Mindset will enable students to
Life Skills Developed throughout the program
Story of Kanchan-
Kanchan studies in 10th grade in a PMC school. She attended Karmyo Foundation’s Mini-Company Program in summers 2019. During the program, along with her team, she created an online platform called “Talent Tales”, where school students could showcase their talents and could get appreciation and feedback from experts.
The number of registrations from talented young people that they received, surprised and inspired them. She shared, ‘This experience helped me to improve my confidence and made me aware of skills which I naturally have. I, now, think of starting my own business soon and provide jobs to people of my community”
She shares an incident very proudly, “We had student council election in our school and I was chosen as the head-girl. Also, during a Group Discussion at my school, I used my communication skills to put forth my views in a very polite way, without being provoked. The entrepreneurship program helped me to overcome my hesitation for public speaking.’’
About the Campaign
We have collaborated with Teach For India to conduct the Mini-Company Program, wherein students (grades 6th to 9th) from municipal corporation schools in Pune, shall be offered the program. Indian Institute of Science Education and Research (IISER), Pune has been very supportive to provide us the venue and other infrastructure to conduct this program. The E-cell at IISER shall also play an important role in the management of the program. Two experienced facilitators shall drive the program, with support from Pune TFI Fellows. Selected teams shall be provided further mentorship & seed capital to continue with their mini-companies and transform them into real startup ventures!
You can support the initiative by contributing the fees for 1 student, which is only Rs. 2000 (perhaps less than the cost of a movie outing for a family). All donors shall receive a shout-out on social media and an invitation for the pitch-day at IISER, Pune, where the teams shall present their projects in front of the audience. You can also volunteer to support the facilitators in guiding the young entrepreneurs during the sessions.