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By Jack E. Kosakowski

The Milstein Commission, convened by the University of Virginia to identify pathways for ¾«¶«Ó°Òµns to achieve middle class success, recentlyÌýÌýits findings. The commission’s report, “” identified ways to jumpstart ¾«¶«Ó°Òµ’s entrepreneurial engine by providing new businesses with access to capital, information, and support.

What helped distinguish the Milstein Commission’s work is that it went beyond the “nuts and bolts” or what goes into creating a business. It also touched on important aspects of how we prepare our young people to take on the challenge of entrepreneurship. Before we give aspiring business owners this needed support, how do we nurture the entrepreneurial spark in them so they are interested in starting a business in the first place? Moreover, how do we help our young people translate ideas into actions that can create jobs and spur economic growth?

Entrepreneurship education was cited as an important means of building the middle class by Carly Fiorina, Milstein Commission member and former HP CEO. Entrepreneurship education provides students with important real-world learning experiences that translate to business ownership or success in the workplace. Young people learn how to effectively collaborate, communicate, and apply critical thinking and creativity to solving challenges. It can provide a path to a successful and fulfilling future.

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