SIFE Projects
SIFE teams develop outreach projects that help others improve their quality of life and standard of living. Projects encourage the development of skills and knowledge in these areas:
- Market Economics
- Success Skills
- Entrepreneurship
- Financial Literacy
- Business Ethics
- Environmental Sustainability
The students design and implement their own projects
The students are helped to identify the skills that their team have and the needs in the community that they could address. The projects may answer a need within their university - or out in the community (this may be their local community or an international one).
Educational outreach projects
The projects developed by teams should do one of two things: directly educate and/or create a learning opportunity for a particular group. For example, organising a workshop for young mothers on setting up a child care business would be a project that educated directly. Such a project could be conducted with original material created by the team or with material produced by another party. The actual working sessions could even be carried out by an outside expert, such as a business adviser from your community. The important point is that the students are responsible for making it happen.
If the project is not designed to educate directly, then it should create a learning opportunity - an experience that provides others with the chance to gain a more thorough understanding of an idea or concept related to at least one of the four areas mentioned above. For example, organising a business plan competition at your university for students who have an interest in entrepreneurship, and then awarding the winning student money to start his or her own business would be a project that created an opportunity for university students to learn more about entrepreneurship.