What if there was a class at Lake Forest High School that could teach students essential and marketable skills? Skills like critical thinking, communication, problem-solving, time management, organization, and goal-setting? And what if that same course could also build leadership and teamwork abilities, encourage fresh-thinking and creativity, and help cultivate an entrepreneurial mindset? Well, that is precisely what the
LFHS Business Incubator
course is providing students each year thanks to the generosity of LFHS Foundation donors and community volunteers.
In 2014, the LFHS Foundation partnered with teachers at the high school providing the funding and support needed to pioneer an innovative new way of teaching critical business concepts and practical life skills. Students in the Business Incubator have the unique opportunity to become real entrepreneurs by creating and developing their own product or service. Student teams are coached and mentored by local entrepreneurs and business leaders, who volunteer their time and business acumen to assist the students in cultivating new product concepts. During the year-long course, students learn about ideation, marketing, accounting, human resources, as well as the legal and financial aspects of running a business in a hands-on, practical way.