P y h ä j o e A.V.I.T.A.E n K u u l u m i s e t –10 .12 . 2 0 16
August 2016
sivu 5
A.V.I.T.A.E
AVITAE: Enterpreneurship Issue The AVITAE project travelled to Cyprus to learn how to deal with JA-companies and enterpreneurship, to study Cypriot traditions, culture and history and to meet each others once again. The trip was a success, and here are some fruits of our labour.
JUNIOR ACHIEVEMENT CYPRUS by Elena Demetriou – AVITAE Cyprus
JA Cyprus is a member of JA Worldwide, one of the largest global NGOs dedicated to addressing fundamental social and economic challenges of young people by educating and empowering them to transform their future and own their economic success. JA Worldwide was funded in 1919 and it currently has more than 100 member countries. The JA Worldwide network is powered by over 450 000 volunteers and mentors from all sectors of society, reaching more than 10 million young people around the world every year. JA Cyprus is a relatively young non-for-profit organization, specializing in entrepreneurship education. Through a variety of educational programmes the youth of today (5-25 year olds) acquire entrepreneurial, financial literacy and employability skills. Funded by businesses, institutions, foundations and individuals, JA Cyprus brings the public and private sectors together to provide young people in primary and secondary schools and early university with experiences that promote the skills, understanding and perspective that they will need to succeed
in a global economy. Students, who participate to this kind of programme, gain real-world experience. First of all, they build entrepreneurial skills and competencies because students are split into teams that will produce an innovative product. Each team operates like a mini company, the members of the teams become members of the board of directors and each of them takes their own responsibility and task (e.g. Marketing Manager, Communication Manager, IT Manager , CEO etc). However in order to achieve this, the students have to work together, create strong business plans, develop business concepts from bottom to top, set goal and manage their time. Apart from developing enterprising skills and attitudes, students learn to take responsibility and be accountable to their shareholders. Needless to say, during their time in the programme, students develop attitudes and skills necessary for personal success and employability, even understanding the innerworkings of business. They gain key understanding in selfemployment, business creati-
on, risk-taking and coping with adversity, all with the support of experienced business volunteers. Apart from these entrepreneurial skills and attitudes gained during the programme, which are necessary for personal success, there are also other impacts that are offered and they are worth-mentioning. To begin with, the entrepreneurial rate among JA alumni is twice as high as the average population. Furthermore, JA participants are 25% less likely to be unemployed after graduation. Moreover, 63% of JA alumni are confident managing their own money (compared to 37% of non-JA). This is due to the fact that JA participants during the programme have to decide the best way to spend their money and learn to deal with opportunity cost. Last but not least, JA participants are three times more likely to hold senior or middle management positions because they have experience in dealing with risk-taking situation and they are more capable of handling difficult decisions and puzzling problems.