School management June 15, 2023 · 4 min read

Entrepreneurial Education Isn't Just for Universities

Did you know that developing skills such as creativity, teamwork, and decision-making is at the heart of entrepreneurial education?

children receiving an entrepreneurial education to contribute to society

Did you know that developing skills such as creativity, teamwork, and decision-making is at the heart of entrepreneurial education? These abilities can be acquired from the earliest grades; however, many schools are not fully aware of the advantages they offer, not only for students' personal and professional lives but also for the growth of society as a whole.

What Is Entrepreneurial Education and Why Is It So Important?

Entrepreneurial education is part of an educational approach that seeks to give students the knowledge, resources, and tools they need to identify opportunities, create or manage projects, and take risks.

The goal? For students to learn to innovate, guided by the intention of finding more effective solutions to social problems and, in doing so, making a positive impact on the environment around them. In other words, it is the education that tomorrow's leaders need.

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3 Key Aspects of Entrepreneurial Education

Promoting autonomy and initiative

By cultivating a proactive, action-oriented mindset, entrepreneurial education strengthens the ability to take on the economic, political, and social challenges of today's society. As a result, students begin to see themselves as confident agents of change who can pursue their goals and actively contribute to the development of their communities.

Stimulating creativity and innovation

Hand in hand with the above, this approach fosters their ability to generate original ideas and find new ways to tackle the challenges of an increasingly globalized world. In fact, encouraging creativity and innovation also promotes economic and social development, as it produces novel solutions to existing problems in society.

Developing solidarity and cooperation

None of the above can be achieved without important skills such as joint decision-making, effective communication, and teamwork. This is where components such as empathy, respect, tolerance, and solidarity are key to resolving conflicts, building consensus, and advocating for a fairer future in which a plurality of opinions is recognized.

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Young Entrepreneurs: Success Stories from an Early Age

Two clear examples showing that entrepreneurial education can bear great fruit before university are Julián Fernández and Allison Avendaño, two young people who founded their own companies while still minors and now enjoy global recognition.

Julián Fernández, born in Spain, was 16 when he launched the first Spanish picosatellite into space. Now his startup, FOSSA Systems (Free Open Source Software and Aerospace Systems), aims to put a constellation of 80 small satellites into orbit to expand access to IoT (Internet of Things) connectivity in rural and maritime areas outside the coverage of 3G or 4G networks.

His company seeks to complement the infrastructure already deployed by other companies, but with lighter, more affordable equipment, offering huge cost benefits. As he explains, connectivity via stationary satellites costs around 50 to 100 euros a month, while with his technology it is possible to pay only 4 or 5 euros a month.

Then there is Allison Avendaño, a Colombian girl who founded Digitally School when she was just 11 years old. This digital school of entrepreneurship and marketing teaches children and teenagers between the ages of 6 and 16 how to turn their dreams into businesses.

Together with expert guests in each field, it offers workshops on digital marketing, programming, brand design, social media content creation, and much more, so that children learn to use technology to launch their own businesses. Today, it has students from Europe, North America, and Latin America.

Ultimately, it is crucial that entrepreneurial education is not limited to universities but is integrated from the earliest levels of schooling. By doing so, students have the opportunity to develop a mindset that prepares them to responsibly face the challenges of an increasingly competitive and changing future, so that they can even become drivers of positive change in society.

It is also important to remember that entrepreneurial education is not only about creating business owners; rather, it is committed to developing leaders capable of making a significant impact on the economy and on society as a whole.

At Phidias, we are dedicated to providing innovative, transformative solutions that raise the quality of the educational experience in schools. Contact us and discover the tools we offer to enrich every one of your academic management processes!

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