The BizWorld Foundation Reaches 200,000 Children Around the World

Jun 30, 2008
Press Release

THE BIZWORLD FOUNDATION ANNOUNCES 200,000 CHILDREN REACHED
National not-for-profit brings business and entrepreneurship education to 200,000 children around the world

The BizWorld Foundation today announced that over 200,000 students around the world have gone through their programs: BizWorld and BizWiz. Started in 1997 by venture capitalist Tim Draper, The BizWorld Foundation develops curriculum that teaches elementary and middle school children exciting and pertinent concepts of business, entrepreneurship, and money management in the classroom, bringing 21st Century Skills into classrooms around the world.

In the BizWorld program, students work in teams to start and run their own businesses in a simulated friendship bracelet industry. Taking on different leadership roles, students learn the basics of business and entrepreneurship as they apply for jobs, design, manufacture, market, and sell their products in the BizWorld marketplace. In the BizWiz program students play the roles of analysts, controllers and traders to learn the basics of saving and investing. Working in teams, students set financial goals, analyze forecasts, create a diversified portfolio, track their investments, allocate assets and trade.

“The expansion of our programs over the past 11 years is remarkable,” said Ana Blanco, V.P. Director of Programs, The BizWorld Foundation. “The teachers who have embraced BizWorld and BizWiz are truly the champions of education innovation.  We continue to grow at an unprecedented pace, which enables us to reach more students and impact the next generation of business and community leaders.”