Entrepreneurial spirit takes hold in Victorian schools

Students at a Melbourne private school are learning valuable skills through a compulsory entrepreneurship program called StartUp. The program teaches students to identify business ideas, launch them, and learn from failure. Students have started various side hustles, including a clothing label, online keychain business, and drone photography business. The program is also being implemented at Mansfield Secondary College, where students have launched a car wash business and a label called Summit Society, with the funds raised going towards modifying classrooms.

In a significant shift towards future-proofing education, Melbourne private schools are incorporating compulsory entrepreneurship programs into their curricula. The initiative, dubbed StartUp, aims to equip students with practical business skills and an entrepreneurial mindset. This approach is gaining traction, with programs like StartUp being implemented at schools such as Mansfield Secondary College.

The StartUp program at Melbourne private schools focuses on teaching students to identify business ideas, launch them, and learn from failure. This hands-on education is designed to prepare students for real-world challenges and instill a resilient, innovative mindset. Students have already started various side hustles, including a clothing label, online keychain business, and drone photography venture.

At Mansfield Secondary College, students have launched a car wash business and a label called Summit Society. The funds raised from these ventures are being used to modify classrooms, demonstrating the practical benefits of entrepreneurial education. The program aligns with the broader trend of incorporating entrepreneurship into the curriculum, as seen in the NEEEV scheme in Delhi government schools [2].

The impact of entrepreneurial education is underscored by research from Learning Creates Australia, which shows that strengthening social and emotional learning (SEL) in schools could boost lifetime earnings by $22 billion for the current generation of students [1]. This validates the importance of entrepreneurial education, not just for creating future business owners, but for developing essential life skills.

The success of these programs highlights the potential of integrating entrepreneurship into the educational system. By teaching students to identify opportunities, take calculated risks, and learn from failures, these programs are preparing the next generation for a rapidly changing job market. As the world demands more adaptable and innovative individuals, entrepreneurial education is becoming an indispensable part of modern education.

References:
[1] https://au.linkedin.com/company/first-pivot
[2] https://timesofindia.indiatimes.com/city/delhi/govt-schools-to-teach-entrepreneurship-across-classes-vii-xii/articleshow/122797473.cms