www.nyctecenter.org
Virtual Enterprises as a Capstone Course:
NYS CTE Approved Program Status
Ellen Palazzo
Long Island Field Associate, CTE TAC of NY
Director of Long Island Region of VE
ellenp@spnet.us
Successful Practices Network
www.nyctecenter.org
What is happening with Business Education
programs on LI?
What does it mean to you?
• What is Virtual Enterprises?
• How does it prepare students for college and
careers?
• CTE Approved Program Status: “meaningful
program of study”
– VE as a capstone course
• How can you redesign your business education
program?
Successful Practices Network
www.nyctecenter.org
WHAT IS VIRTUAL ENTERPRISES INTERNATIONAL?
• VEI is an applied-learning instructional model
for global business, economics,
entrepreneurship, financial literacy and
technology.
• Under the guidance of a teacher-facilitator
and business mentor, students create and
manage a business.
• Students engage in commerce with other
student-run businesses in the U.S. and across
the globe.
3
Successful Practices Network
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Let’s Take a Look…..
https://vimeo.com/70942856
Successful Practices Network
4
www.nyctecenter.org
WHAT DIFFERENTIATES VEI?
 In-school, live, global business simulation
 Offices, not classrooms
 Executives, not students
 Open to all students
 Develops college and career-ready students in the European tradition of
apprenticeships
 Emphasizes project-based, collaborative learning
VEI approach emphasizes learning in four key areas:
Ownership: Students take responsibility for their own learning
Experiential: Students’ learning is authentic and realistic
Cooperative: Students understand the dynamics of working as a team
Reflective: Students experience the consequences of their decisions
5
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BUSINESS ENGAGEMENT AND RECOGNITION
 Industry Partners: Integral to VEI success
 Mentors, Speakers, Judges
 Business Plan Competitions
 Global Business Challenge
 International Trade Fair
 Advertising Futures Competition
 Internship Providers
 Scholarship Sponsors
 Advisory Board/Council Members
 Workshop/Webinar Leaders
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Successful Practices Network
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NOTEWORTHY ELEMENTS OF VEI
• Open to all students
• Student-oriented approach
• Practical, task-oriented instruction
• Real-world environment
• Rigorous curriculum & online resources
• Hands-on application of academic skills
• Context that has relevance
7
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A CYCLE OF SUCCESS
Standardsbased
Curriculum
Program
Evaluation
& Impact
Real World
Learning
VEI
Professional
Development
Business
Mentor
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Successful Practices Network
www.nyctecenter.org
How does VE prepare
students for college
and CAREERS?
“Strong academic skills and the ability to apply
those skills to solve real-world predictable and
unpredictable problems and situations has
become a minimum requirement for the vast
majority of American jobs.”
Dr. Willard Daggett,
Ed.D.
International Center for Leadership in Education
Successful Practices Network
www.nyctecenter.org
Let’s discuss what a “meaningful program
of study” in business ed with VE as a
capstone course might look like:
Hewlett High School—required prerequisites; integrates eco
William Floyd High School---newly introduced as part of a
Commercial Foods, Cosmetology and Construction Programs
East Islip Global Business Academy---senior year; cohort
All have gained
NYS CTE Program Approval Status
http://www.p12.nysed.gov/cte/
Successful Practices Network
www.nyctecenter.org
• All students should graduate high school
with a diploma and something else
• http://www.nyctecenter.org
• http://www.p12.nysed.gov/cte/ctepolicy/
Successful Practices Network
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Our Website
Successful Practices Network
www.nyctecenter.org
CTE Program Approval Process
• Assures quality technical and academic
curriculum-meaningful program of study that
prepares students for real world
• Post secondary articulation agreements• Work-based learning opportunities
• Established partnerships with local business
and industry
• Certification of individual programs; Recertification every five years
Successful Practices Network
www.nyctecenter.org
https://vimeo.com/70961847
Successful Practices Network
www.nyctecenter.org
Challenge:
How can you redesign your current
program to help students transition to
college and careers using VE as a
capstone?
Successful Practices Network