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.
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
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.
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.
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.
Communication and Presentation Skills
Students will learn to:
Articulate, structure and present their ideas in an organized and attractive ways through different communication tools
Structure, write and present a persuasive message
Handle questions and answer them in a professional manner
Design and ask useful questions to gather information for completing tasks
Negotiate for a win-win situation
Creativity, Problem-solving, Critical Thinking and Teamwork Skills
Students will learn to:
Communicate with team members and work collaboratively to achieve the team goal together
Solve problems and implement their ideas creatively
Collect relevant information and discuss with team members to make a team decision
Respond to unexpected events and adjust their plans and decisions accordingly
Entrepreneurship Mindset and Skills
How to create social value and responsibilities by giving back to the communities
The world of work
Take calculated risks
Never give up
Work hard towards the goals
Curriculum Developed In
*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
100 + Countries
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
Real life business cases and 20+ years of teaching experience
Project-based. Experiential Learning. Students form groups and complete tasks together.
Develop leadership, teamwork, problem - solving and critical thinking skills, entrepreneurship mindset and skills.
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
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.