A new entrepreneurship education project launches in Lithuania: 100 pupils will create their own ventures

A leader in economic and entrepreneurship education programs “Lithuanian Junior Achievement”, together with Marius Jakulis Jason (MJJ) foundation will implement a new entrepreneurship project in Lithuania – “Class X”. In the first stage of the project, as many as 100 10th and 11th grade students from schools of Alytus, Jonava and Šiauliai will be participating and creating their own business ideas.

In the first classes of entrepreneurship and financial literacy education, students, with the help of economics and entrepreneurship teachers, will create as many as 15 innovative business ideas by the end of the year. The project will also involve professional business mentors who will share their experiences, practical advice and insights with students.

In the first entrepreneurship and financial literacy classes, students, with the help of economics and entrepreneurship teachers, will create innovative business ideas and, by the end of the year, will have created a total of 15. Professional business mentors will also be participating in the project, and they will be sharing their experience, practical advice and insights with the students.

“Class X” is an initiative to highlight the cultural change in education. Inventive problem-solving, a mindset that is open for opportunities, persistence in achieving goals and confidence in one’s ability to act – those are the X factors for a successful career in the 21st century. In “Class X” we will teach all of these skills as we will have a friendly space for students to learn from each other, share their discoveries and lessons learned,” rejoices Andželika Rusteikienė, the Head of “Lithuanian Junior Achievement”.

According to the founder of the MJJ philanthropic foundation and entrepreneur Marius Jakulis Jason, as many as 50% of fifteen-year-old students in Lithuania do not receive the necessary economic and financial literacy knowledge.

“Creating young companies develops students’ entrepreneurship and financial literacy. Putting to test real business management while still in school helps young people to strengthen their understanding of economics from hands-on experience. Research shows that young people who have traversed the path of entrepreneurship education can later see how much can be achieved in their homeland and then decide to stay here to study and build their future. I am glad that the MJJ foundation invests in innovative education and helps to grow an enterprising future generation of Lithuania,” says Marius.

At the end of the project, representatives of the most successful young business teams will participate in a camp for young leaders during which they will meet entrepreneurs, visit innovative companies and participate in additional leadership competence development programs.

Read the article on 15min.lt


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