Business 101
Through running their companies, students will understand company formation, what a business is and its objective, and gain business vocabulary.
Basic Accounting & Budgeting
Students will calculate and understand the relationship between price, unit sold, cost, revenue and profit. They will also learn basic budgeting skills and keep track of their finance records.
Production Line
To produce products in high quantity and quality for their company, students will learn about process management, flow and efficiency in the production line.
Silicon Valley Entrepreneurship Program
LEARNING THE BASICS OF BUSINESS AND ENTREPRENERUSHIP
For 8 -14 years old
Students run accessories company
Decisions are student-driven
Skills Developed
Teamwork
Leadership
Interviewing
Problem Solving
Decision Making
Goal Setting
Creativity
Budgeting
Presentation
Communication
Design Thinking
Marketing and Sales
This project-based learning program gives children the opportunity to learn first hand how to start and operate their own business. Working in teams of six, students start, fund, and run their own company.
The decisions that the companies make are entirely student-driven. The students decide everything from what to name their company to how many products to make and how much to charge for them! The program culminates with the Sales Bazaar, an exciting opportunity for students to engage with other students, parents, administrators, and community members. During the Sales Bazaar, students sell their products to their customers - don’t worry; no real money is involved! Students use the BizWorld monetary denomination, BizDollars.Throughout BizWorld, students have multiple opportunities to practice leadership skills and hone their math and communication skills.
Topics
Design and Prototype
Students will conduct customer interviews to find out customers’ needs and preferences. They will use the research result for designing and creating prototypes.
Source of Funds and Venture Capitalist
Students will learn different ways of getting money to start their business. They will experience applying for a bank loan and pitching to Venture Capitalist to fund their business.
Social Impact
To create positive social value, students learn how to use their company profit to give back to the community to make a positive difference in the lives of others.
Learning Highlights
Communication and Presentation Skills
Students will learn to:
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Articulate, structure and present their ideas in an organized and attractive ways through different communication tools
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Structure, write and present a persuasive message
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Handle questions and answer them in a professional manner
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Design and ask useful questions to gather information for completing tasks
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Negotiate for a win-win situation
Creativity, Problem-solving, Critical Thinking and Teamwork Skills
Students will learn to:
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Communicate with team members and work collaboratively to achieve the team goal together
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Solve problems and implement their ideas creatively
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Collect relevant information and discuss with team members to make a team decision
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Respond to unexpected events and adjust their plans and decisions accordingly
Skills
Leadership
Communication
Teamwork
Planning
Presentation
Decision Making
Design Thinking
Financial
and
business
literacy
Learning Outcomes
Value
How to create social value and responsibilities by giving back to the communities
Knowledge
The world of work
Business world
Career options
Attitude
Take initiative
Solve problems
Think critically
Take calculated risks
Never give up
Be optimistic
Work hard towards the goals
Our Programs
Curriculum Developed In
Silicon Valley*
San Francisco
*Leading hub of startups and entrepreneurs
*Home to many of the world's largest technology companies including Apple, Cisco, Google, HP, Intel and Oracle
World No. 1 Entrepreneurship program
Since 1997, the programs have been delivered to
610,000 Students
100 + Countries
Recommended by
Schools and Teachers
Over 95% of school teachers* agree that the programs:
1. Connect academic content to real world
2. Develop students' leadership skills
3. Help students to learn to work together to solve problems
*Survey conducted to school teachers in US
COURSE DEVELOPMENT
Real life business cases and 20+ years of teaching experience
TEACHING FORMAT
Project-based. Experiential Learning. Students form groups and complete tasks together.
LEARNING PURPOSE
Develop leadership, teamwork, problem - solving and critical thinking skills, entrepreneurship mindset and skills.
INSTRUCTOR
Trained and committed instructors. A diverse mix of qualified teachers and business professionals.
Students' Creative Commercials
Students created commercials for their products and companies to differentiate themselves before the start of the sales bazaar.
Company Name: Just Be Happy
Members: Yenji, Angie, Sophie, Nicole
Company Name: DIY Crafty Charms
Members: Isabella, Julie, Linda, Yu Cheuk, Valerie, Kennice
Company Name: Drak's
Members: Oli, Moo, Kirby, Brady, Jasper, Austin
Company Name: Extra Extra Accessories
Members: Alex, Gus, Ben, Caitlin, Parker
DRAK'S
DIY Crafty Charms
Just Be Happy - Commercial
Extra Extra Accessories Commercial
The Story of BizWorld
The BizWorld founder, venture capitalist Tim Draper from the US, was asked by this eight-year-old daughter to describe what he did at work every day. Excited by the opportunity to explain entrepreneurship business to a third grader, he used his daughter's enthusiasm for making a friendship bracelet to create a project-based program in which students learn to start and run a business.
The need and demand for BizWorld's hands-on, interdisciplinary approach to learning quickly became apparent. The BizWorld Foundation was established in 1997 to make BizWorld programs available to all children around the world.
Being the exclusive partner of BizWorld, Kids Biz Academy allows children in Hong Kong, without needing to travel to Silicon Valley, to understand the real world and discover more about themselves through the experiential entrepreneurship programs.
