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Young Entrepreneurs Get A Glimpse At Business Realities

By Zachery Eanes
The Herald-Sun, Durham, N.C.

WWR Article Summary (tl;dr) The Durham Nativity School’s entrepreneurship club is made up of seventh and eighth graders. The club helps to demystify the startup process for students.

DURHAM

When students in the Durham Nativity School’s entrepreneurship club visit the offices and warehouses of local startups in Durham, their most common question is often, “How’d you get the money to start this?”

It’s a fair question for the students to ask — as every student who attends Durham Nativity School (DNS) comes from a low-income background, where capital is used to make ends meet rather than fuel an interesting business idea.

“They understand how a bank works,” said Mike Glenn, the school’s social studies teacher who also works with the club. “But I don’t think they ever thought it was possible to get a loan from a family member to start a business.”

The club, which is made up of seventh and eighth graders, is meant to demystify the startup process for these students at a young age.

DNS is a secular private school for boys in fifth through eighth grades that follows students through their time in middle school through college. The school’s mission is to provide a tuition-free enriched learning environment and 11-year support system for the students, which includes placing and funding their time at a private high schools.

The school is open to boys who have the academic ability and parental commitment for the school. Currently about 60 boys are enrolled.

This is the first year that DNS has had an entrepreneurship club, and eight boys have committed to the club this school year.

For the past few weeks, members have been leaving the grounds of DNS’s campus at Grace Baptist Church in the Old North Durham neighborhood to visit various startups and businesses in the city.

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