This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Program Encourages Youths To Become Entrepreneurs

By LUCAS L. JOHNSON II

NASHVILLE, Tenn. (AP) â¿¿ At a time of high youth unemployment, a national entrepreneurial program has a solution for youngsters who can't find a job: make your own.

Lemonade Day teaches youths â¿¿ from age 3 to 18 â¿¿ to operate their own businesses through the real-world experience of a lemonade stand.

Last week, a report released by the Annie E. Casey Foundation's Kids Count project showed employment of people ages 16 to 24 nationwide is at its lowest point in 50 years.

In Tennessee, fewer than one in four youths age 16 to 19 were working last year, and only about 60 percent of those age 20 to 24 were employed, according to the report.

It called on businesses, governments, philanthropies and communities to work together to create opportunities that will benefit young people and build a stronger workforce.

In an effort to inspire at least 1 million youth to become entrepreneurs, Lemonade Day has partnered with Google Inc., which will use its online technology to broaden the program's reach.

Lemonade Day uses a 14-step process to provide youngsters concepts for starting a business and teaches them to spend wisely, save and share by giving back to their communities.

Nashville is among 20 cities that will be part of the initiative in 2013. Nashville Mayor Karl Dean said the effort complements the city's entrepreneurial spirit.

"Nashville is fast becoming a hotbed for entrepreneurs in the country, and instilling the entrepreneurial spirit into our young people through a hands-on experience is a great education for them," he said in a statement to The Associated Press.

Julie Eberly, president of Lemonade Day, said her organization encourages youths to focus on creating jobs, rather than always seeking them.

"These kids are understanding that they don't have to wait for those jobs to come to them; they can be the innovators themselves," she said.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,689.86 -56.12 -0.32%
S&P 500 2,103.84 -4.79 -0.23%
NASDAQ 5,128.2810 -0.5040 -0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs