This project is designed to engage students in entrepreneurship by creating a business that meets a community need, aligning with Kentucky Social Studies standards for 5th grade. Students will develop critical thinking, problem-solving, and self-directed learning skills while fostering a sense of identity and belonging. Collaborating with community partners and peers, they will gain real-world insights and feedback, enhancing their understanding of economics and business principles. This project encourages exploration of innovative solutions, meaningful reflection, and builds confidence in students' ability to contribute to their communities.
Learning goals
Students will develop a comprehensive understanding of basic economic principles by creating a business plan that addresses a community need, aligned with Kentucky Social Studies standards for 5th grade. They will enhance their research skills by conducting market analysis and exploring local businesses to identify gaps in the market. Through collaboration with peers and community partners, students will refine their critical thinking and problem-solving abilities. They will also cultivate self-directed learning by utilizing feedback to improve their projects and build an academic mindset that fosters a strong sense of identity and belonging.
Standards
[Common Core] CCSS.ELA-Literacy.WHST.6-8.7 - Conduct short research projects to answer a question (including a self-generated question), drawing on several sources and generating additional related, focused questions that allow for multiple avenues of exploration.
[Common Core] CCSS.ELA-Literacy.W.1.7 - Participate in shared research and writing projects (e.g., explore a number of "how-to" books on a given topic and use them to write a sequence of instructions).
[Common Core] CCSS.ELA-Literacy.W.8.7 - Conduct short research projects to answer a question (including a self-generated question), drawing on several sources and generating additional related, focused questions that allow for multiple avenues of exploration.
Competencies
Self Directed Learning - Students use teacher and peer feedback and self-reflection to monitor and direct their own learning while building self knowledge both in and out of the classroom.
Academic Mindset - Students establish a sense of place, identity, and belonging to increase self-efficacy while engaging in critical reflection and action.
Critical Thinking & Problem Solving - Students consider a variety of innovative approaches to address and understand complex questions that are authentic and important to their communities.
Products
Students will create a comprehensive business plan, a creative advertisement, and a professional business card for their proposed business. They will also develop a digital portfolio that documents their research, drafts, and reflections on feedback received. Additionally, students will prepare a presentation for the 'Business Showcase Day,' where they will present their business ideas to peers, teachers, and community partners. Throughout the project, students will incorporate elements of Kentucky's 5th-grade Social Studies standards by exploring local economic history and how businesses have shaped their community.
Launch
Begin the project with a 'Kentucky Community Exploration Day,' where students explore local businesses and historical sites relevant to Kentucky's economic history. They will conduct interviews with business owners and community leaders to understand current needs and opportunities within the state. This immersive experience will provide students with a foundation for developing business ideas that reflect Kentucky's unique economic landscape, fostering critical thinking and creativity.
Exhibition
Students will present their business concepts to peers and school administration in their homeroom classes. This exhibition will culminate in a 'Business Showcase Day,' where students display their business ideas to community partners, including local entrepreneurs. During the showcase, students will engage in discussions, receive feedback, and answer questions about their business plans, providing a platform for authentic interaction and reflection. This aligns with Kentucky's 5th-grade Social Studies standards by encouraging students to explore economic concepts and community engagement.