“Students had real money to make a real business with real consequences”
Teacher
$20 Boss is a nationwide in-school entrepreneurship program for primary and secondary school students. Students are provided with $20 of start-up capital to create, launch and operate a business venture over the course of a school term.
The $20 Boss program is about putting skills development at the forefront of learning. The program toolkit includes comprehensive lesson materials, a variety of tasks and activities, teacher notes, assessment and monitoring tools, as well as advice and inspiration to enrich enterprise learning.
Developed by the Foundation for Young Australians in consultation with students and educators, the $20 Boss program is the largest entrepreneurship program in Australia. In the past four years over 30,000 students across Australia from over 500 schools have participated in the program.
$20 Boss gives educators the tools, resources and frameworks to facilitate important enterprise learning. The world of work is changing and schools need to prepare students by creating opportunities to build valuable skills like financial literacy, teamwork and entrepreneurship.
By 2030 all jobs across all sectors are going to look different. Automation, globalisation and more flexible working arrangements are rapidly reshaping our economy and workforce. In this future world of work, young people are predicted to have 17 different jobs over 5 careers in their lifetime.
To ensure young Australians are equipped with the enterprise skills and career management capabilities needed to thrive in the new work order, there is an urgent need for early intervention in schools. While Australia’s education system has many strengths, we believe that more needs to be done to ensure all young people have the opportunity to build these important skills.
For more information read FYA’s New Work Order Report Series.
The $20 Boss program is about putting skills development at the forefront of learning. The program toolkit includes comprehensive lesson materials, a variety of tasks and activities, teacher notes, assessment and monitoring tools, as well as advice and inspiration to enrich enterprise learning.
