June, 2003

The latest news and
information about the
BizWorld Foundation
and its program.

Thanks to generous support and participation by so many, the 3rd Annual BizWorld Grand Prix raised over $90,000, allowing the BizWorld Foundation to continue to bring its BizWorld Entrepreneurship Program to more schools across the country at no cost to educators.

4th Grade BizWorld Graduates from Brittan Acres Elementary School, with the help of JP Digital Imaging, proudly display their thanks to BizWorld sponsors on El Camino Real in Palo Alto

We’d especially like to thank our sponsors:     Draper Fisher Jurvetson Docent, Inc. Draper Richards Manatt, Phelps & Phillips Palo Alto Investors Salomon Smith Barney Sequoia Capital Team Nueva GMG Capital Partners Merrill Lynch Silicon Valley Bank David Carrillo/Lisa Sardegna Kevin Hall Mollie Raab Special thanks to: Buck’s Restaurant School-Force – Belmont-Redwood    Shores School District St. Supery Vineyards & Winery Global Entrepreneurship Institute San Jose Mercury

First place champions of Draper Richards celebrate with BizWorld Founder Tim Draper, Jamis MacNiven of Buck’s Restaurant, and second and third place holders of Docent and Palo Alto Investors.

Even if you missed the Grand Prix, you can still make a donation to BizWorld. There are many ways to donate to BizWorld. Our current giving options include:one-time gifts, monthly gifts, annual gifts and giving stock.

BizWorld is a 501.c.3 public charity. All donations are tax-deductible. Join our growing list of BizWorld Supporters!

BearingPoint, one of the world’s largest business consulting and systems integration firms, recently hosted a BizWorld Training session in their Mountain View office for their Bay Area personnel. Employees participated in a two-hour BizWorld game as they played the roles of budding entrepreneurs in the friendship bracelet industry. BearingPoint volunteers will now teach children in underserved schools in their local communities about business using the BizWorld program.

Arun Kumar, a managing director with BearingPoint, remarked, “We used BizWorld as an activity to bring our colleagues together in a fun, interactive setting. The game was a great team-building event that ignited everyone’s passion for their jobs. The game also reinforced our core purpose, too – empowering businesses to turn their dreams into realities. BizWorld programs can instill such attitudes in young people, and this plays into all of our interests! We are very excited to be “BizWorld Certified” to bring the program to our children. We now look forward to transferring our finance, supply chain and customer management skills to a new set of young ‘clients’ – the schoolchildren who will learn how business works.”

Do you want to bring BizWorld to your company? To host a BizWorld Training, led by volunteers and BizWorld staff, please contact Nicole Norton at nicole@bizworld.org or 415-503-5880.

National 4-H
The BizWorld Entrepreneurship Program has been accepted into the National 4-H Collection of Experiential Youth Development Curricula. It will be recommended for use in all states and territories in which 4-H operates. BizWorld Foundation is thrilled about this partnership, which will greatly increase the number of children that will benefit from the BizWorld program!

School-Force Belmont-Redwood Shores Public School Foundation
BizWorld Foundation is happy to form an alliance with School-Force, the education foundation of the Belmont-Redwood Shores School District. BizWorld commends School-Force for its great effort to not only save, but also improve existing school programs in this time of need with innovative fundraising programs. Find out more about School-Force: www.school-force.org

For more information regarding partnerships and alliances, please contact Catherine Silvestre, Director of Development & Alliances at 415-503-5880 or catherine.silvestre@bizworld.org.

BizWorld in the News

Catherine Hutton appointed Executive Director of BizWorld (read more)

Kids give Grown-ups a Biz Lesson at the Palo Alto Chamber of Commerce (read more)

More news...

Click here to see photos from the BizWorld Grand Prix.

Teachers! Reasons why you should teach BizWorld on the first day of class:

• Nothing will engage your students more than BizWorld’s fun, team-building, hands-on activities.
• Your students will never ask “Why do we need to know this?” again. After BizWorld they will know how math, language arts, social studies and art prepares them for their future.
• Use BizWorld throughout the year to demonstrate the practical application of curriculum in the real world.
• Parents will be happy to know that you are teaching real world skills and information.

Sign up for BizWorld NOW!

Alan Greenspan on about education like BizWorld:

"The importance of basic financial skills underscores the need to begin the learning process as early as possible. Indeed, improving basic financial education at the elementary and secondary school level will provide a foundation of financial literacy that can help prevent younger people from making poor decisions that can take years to overcome. In particular, it has been my experience that competency in mathematics--both in numerical manipulation and in understanding the conceptual foundations--enhances a person's ability to handle the more ambiguous and qualitative relationships that dominate our day-to-day financial decision making. For example, through an understanding of compounding interest, one can appreciate the cumulative benefit of routine saving. Similarly, learning how to conduct research in a library or on the Internet helps one find information to enhance decision-making. Focusing on improving fundamental mathematical and problem-solving skills can develop knowledgeable consumers who can take full advantage of the sophisticated financial services offered in an ever-changing marketplace."

Read more.

4-H Conference

Visit us at the Galaxy II conference, Sept. 21-25 in Salt Lake City.