One-quarter of NFTE alumni respondents launched a business, with launch rates varying by program (over 42 percent for BizCamp and Startup Summer versus 16 percent for a single course)¶

Claim · All claims
Evidence · 1 study · associational r1 · q2
Currency · newest study 2017 · not yet checked against its sources · not reviewed by a person

Subclaims¶

q2 i? One-quarter of respondents (n = 484) launched a business, and launch rates differed across NFTE programs: over 42 percent of BizCamp and Startup Summer participants launched at least one business versus 16 percent of single-course participants. → Nakamoto 2017

Evidence¶

Nakamoto 2017¶

Nakamoto, J. & Rice, J. (2017). Network for Teaching Entrepreneurship (NFTE) 2016 Alumni Survey Findings. San Francisco, CA: WestEd. https://eric.ed.gov/?id=ED582976

q2 · i? · associational · r1

Descriptive survey analysis comparing business launch rates across NFTE program types among respondents. The report names the contrast between BizCamp/Startup Summer participants and single-course participants, with 484 respondents overall reporting a launch.

"Over 42 percent of participants of the BizCamp and Startup Summer programs launched at least one business; only 16 percent of the respondents who participated in a single course launched a business."

Discussion¶

Related Claims¶

• 89 percent of NFTE alumni survey respondents reported NFTE contributed to their knowledge, skills, and/or personal development, with top areas aligning with entrepreneurial mindset domains — related
• Startup Summer participants launched businesses at much higher rates (71 percent) than other alumni respondents (24 percent) — related
• Among NFTE alumni respondents who launched businesses, 47 percent had a business open in the past year, 65 percent of open businesses were profitable, and 52 percent employed at least one other person — related
• The self-employment rate among employed NFTE alumni respondents (16 percent) was higher than the national rate of 6 percent for young adults ages 25–34 — related
• A majority of NFTE alumni respondents were attending or had finished college, and 91 percent of college finishers completed a four-year degree or higher — related
• In one trial, task-centered Entrepreneur course students analyzed a new business as well as completed business majors — related
• Review reports Bolashak scholarship alumni had above-95% employment but very few became entrepreneurs despite desire to start businesses — related