Company: Young Americans Center For Financial Education
Founder: Bill Daniels
Cost: $195 (scholarships available)
Duration: 5-day and 1-day sessions
Location: Denver, Lakewood and Stapleton, Colo.
Description: The Young Americans Center for Financial Education offers eight types of weeklong camps throughout the summer. They focus on teaching youngsters to be financially responsible through real-life experiences and hands-on programs. Themes include personal finance, free enterprise, global economics or entrepreneurship. Each session culminates in a one-day real-world scenario in which purchases are necessary and financial assets limited. Examples include running a kid-sized town, running a "world economy" (with a focus on trade, currencies and deficits) or hosting a marketplace to sell products from a newly-created business.
Company: Camp BizSmart
Founders: Dr. Michael Gibbs and Peggy Gibbs
Ages: 11 to 15
Cost: $600 to $1,480
Duration: 5- or 10-day sessions
Locations: Stanford University, Calif.; Punahou, Hawaii; Silicon Valley Community Foundation, San Mateo, Calif.; JFK University, San Jose, Calif.; JFK University, Pleasant Hill, Calif.
Description: The camp's mission is "to train aspiring entrepreneurs in the 'thrival skills' required for success at home, school, and in the increasingly competitive global marketplace." Michael Gibbs, founder of Camp BizSmart and a former Fortune 500 exec, started the camp with his wife, Peggy, during the height of the economic recession to focus on "tweenpreneurs." Students work on "hot topic" business problems offered by hip companies like Hope Lab, NeuroSky, Hara and Serious Energy. Students are mentored by industry executives as they learn and practice business skills including competitive analysis, design innovation, cost analysis, and profit-and-loss cash flow. Students are coached by executives from companies such as Cisco, Apple and Google, and apply the skills they learn to the business case they are solving, as teams of six come up with ideas for business solutions.