GoVenture

Issue #39


In this issue:
   [1] Bringing Business to Life
   [2] Fast Facts —
  • Apple, CNN, and other startups born in recessions
  • High-tech firms win at equity financing hunt
   [3] Toolbox Tips
   [4] MediaSpark/GoVenture News
   [5] Free Activity
   [6] Funding — Entrepreneurship Scholarship
   [7] Events/Tradeshows

 

Bringing Business to Life

  • Entrepreneurship education for prison inmates

    Inmates at a prison for men develop employment skills using GoVenture business simulations: An interview with Ron Burchfield, Coordinator of Vocational Training at the State Correctional Institute, Camp Hill, Pennsylvania.

    Read the SCI Camp Hill Case Study here

     

  • Video: How ideas trump economic crises

    Economist Alex Tabarrok argues that free trade and globalization are working, despite the global recession. Tabarrok presents numbers that suggest globalization is turning a divisive world into a global community that’s healthier, happier, and more prosperous than anyone's predictions. Video runs 14 minutes.

    Watch the video here

     

Fast Facts

Fast facts provide information to help you stay current and offer an interesting launch point for class discussions.

 

Apple, CNN, and other startups born in recessions

A list of companies founded during a recession or bear market:

3M, Adobe Systems, Amgen, Apple, Bath and Body Works, BET, Broadcom, Buffalo Wild Wings, CNN, Chevron, Dave and Buster’s, Disney, Electronic Arts, Enterprise Rent-A-Car, Exxon Mobil, Gallup, Genentech, General Electric, Genzyme, Guess, Hyatt, IBM, Johnson & Johnson, Kraft, Krispy Kreme, The Learning Company, Lotus Software, McDonalds, Merck, Microsoft, O’Reilly Auto Parts, Pizza Hut, Princeton Review, QuikTrip, Quiznos, Scottrade, United Technologies, Urban Outfitters, Valero, Whole Foods.

 

High-tech firms win at equity financing hunt

High-tech firms receive more outside equity investments in their first year of operations than any other type of company—on average, $31,136 compared with firms across all industries averaging $7,000.

 

Toolbox Tip

  • Try balancing the national budget: A free simulation

    Try balancing the American federal budget. You decide on national priorities and allocate budget accordingly. It turns out that balancing budget priorities isn’t so easy. This easy-to-use simulation is offered for free by the Council for Economic Education.

    www.econedlink.org

  •  

  • Quick and informative lifestyle calculator for students.

    Students can quickly estimate the income they'll need to survive on their own, using this Reality Check lifestyle calculator from JumpStart! Students will need an Internet connection. The survey takes less than 5 minutes. The results include appropriate job descriptions.

    www.jumpstart.org

    For a more involved and detailed lifestyle calculator, check out GoVenture's Personal Finance simulation.

    www.goventure.net

  •  

Events/Tradeshows

  • *Mark-Ed 2009 Conclave Professional Conferences
    June 21–24, 2009, Cincinnati, OH
    www.mark-ed.org
  • FBLA National LeadershipConference 2009
    June 25–28, 2009, Anaheim, CA
    www.fbla-pbl.org
  • *National Educational Computing Conference 2009
    June 28– July 1, 2009, Washington, DC
    www.iste.org/necc
  • *Business and Marketing Teacher Conference 2009
    July 28–31, 2009, Houston, TX
    http://texascte.com
  • * GoVenture will be there!

     

    Newsletter Details

    Free Online Demos GoVenture Live the Learning is published by MediaSpark Inc., producers of the award-winning line of GoVenture educational games and simulations and the GoVenture.NETwork (www.goventure.net), a website offering free resources and activities.


    “Your ability to learn faster than your competition is your only sustainable competitive advantage.”

    Arie de Geus
     
    Free Activity

    Accounting Activity – Determining Net Worth

    Learners will be able to calculate net worth and to differentiate between assets, liabilities, book value, and market value.

    You can access free activities by visiting www.goventure.net. Click on the .NETwork tab, and browse the many activities and resources available.

    This activity is free to Live the Learning Newsletter subscribers, who receive the Activity Code via email. Not a subscriber? Sign up now for a free subscription.

    Download free activity

     

    Funding Opportunities

    Lego project grants for educational organizations

    The Lego Children's Fund offers project grants between USD $500 and USD $5,000 on a quarterly basis. The mission statement talks about developing learning skills through constructive play. This includes (for instance) “technology and communication projects that advance learning opportunities.” Applicants are invited to take an online Eligibility Quiz starting June 1, for grants awarded in September.

    www.legochildrensfund.org

     

    Free Online Demos

     

    GoVenture Simulations

    GoVenture Simulation Tip

    Review 5 no-cost ways to benefit from GoVenture today!

    Free resources, business simulation competitions, and more — all available to teachers.

    Find out more here:

    www.goventure.net/hero

     


    GoVenture.NETwork

    FREE activities available online:

  • Lesson Plans
  • Crosswords
  • Cryptograms
  • Trivia Games
  • Word Search
  • Idea Wrestler
  • Self-Evaluation
  • Business Planner
  • Discovery Center
  • ... and much more!
    Browse to www.goventure.net and click the GoVenture.NETwork link.



    GoVenture Live the Learning

    Newsletter Details

    If you know someone else who would like to receive GoVenture Live the Learning, please forward this issue along and let them know signing up is easy — just click on the newsletter icon at www.goventure.net.

    GoVenture Live the Learning is published by MediaSpark Inc., producers of the award-winning line of GoVenture educational games and simulations and the GoVenture.NETwork (www.goventure.net), a website offering free resources and activities.

    Access FREE business learning tools, games, and activities. Visit the GoVenture.NETwork

    www.goventure.net
    1-800-331-2282
    info@goventure.net

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