General information

Name of the activity:	ÜFA Übungsfirma - Practice Firm
Country:	Austria
Homepage of the activity:	http://www.act.at
Organisation providing the activity:	ACT-Servicestelle österreichischer Übungsfirmen
Contact data:	Esslinggasse 5/9 A-1010 Wien / Telephone: +43 1 532 29 78 / Fax: +43 1 532 29 78-18 / E-Mail: info@act.at

History of the activity:

Since when is the activity implemented?

More than 10 years

Main Target Group

What target group is directly addressed by the activity?

Students

Target groups:

Education levels	Headmasters / Teachers / Students	Age of students
pre-school
primary school
lower secondary school
upper secondary school	Teacher , Students	15-19
vocational education schools	Teacher , Students	15-19
vocational training

Is the activity focusing on special target groups?

Additional information about entrepreneurship education for teachers:

If teachers are part of your activity’s target group, is entrepreneurship education part of their national and/or regional academic curriculum?

yes

Are there options for teachers in your region/nation to be educated in entrepreneurship education as part of their life long learning process?

yes

Abilities & Skills of entrepreneurship

On a scale of 1 - 10 (1 being the basic level of competence acquisition and 10 the highest level).

Abilities & Skills
Ability to create new ideas	8
Ability to turn ideas into actions	8
Ability to plan and manage in general to achieve goals	10
To identify and seize opportunities	7
To plan and organise activities	9
To take responsibility for an activity	8
To dedicate oneself to an activity	9
To make an effort for achieving goals in an activity	9
To work in a group	8
To work self reliantly	8
To lead	7
To delegate	7
To analyse	7
To communicate	9
To de-brief	8
To evaluate	8
To record	8
To negotiate	7
To present	9
To sell	7

Other skills furthered/supported by the activity:

Reflection
recognize business/market connections

Knowledge of business management and entrepreneurship

Please indicate whether the following skills are related to the activity by clicking the respective box.

Contents

.	-> Business plan -> Marketing knowledge -> Market research (including competitor analysis) -> Sales & costumer relations -> Human resource management & Leadership -> Activity management -> Purchasing and production chain -> Accounting, book – keeping -> Cost accounting -> Controlling and monitoring

General knowledge of the working of the economy

Please indicate whether the following skills are related to the activity by clicking the respective box.

Contents

.	-> Market economy and competition -> Supply and demand -> Money -> Globalisation -> Labour market -> The social service system -> The legal system -> The tax system

Organisational information

Funding

How is the activity financed?

Source	Sources in detail
Private	Company
Public	National, European Union
Public organisations:	Federal Ministry of Education School/College sometimes private companies who act as a sponsor and role modell

Transferability (of the activity)

European level

Duration of the activity

6 to 12 months

Use of new technologies (ICT) in activity work

Which role does advanced information and communication technology such as homepages, web based databases, online coaching play in your activity?

Did you use any type of software/ application during the described activity?
(such as market simulation games)

yes

which type of ICT tools did you use? Please describe them briefly…

webpage
webshop
online-shopping-mall
wiki
moodle/learning-plattform
online trading day via web conference/gotomeeting
web database
finanzonline
sv-online
online-banking etc.

Does the web support the activity participants in their work?

yes

how does ICT support the activity activities? Please describe them briefly…

buying
selling and administration is organized with the same tools/software as in reality

Scope

Local, Regional, National, European

Creation of a company

Yes

Educational framework

Has the activity become part of the curriculum?

yes

more info; when it became part of the curriculum, at which level, etc

since 1993 compulsory subject in business schools
since 1994 compulsory in business colleges

If the activity is part of the curriculum, is participation for students optional?

Is the proposed activity part of an educational framework?

yes

describtion of the framework and more info?

curriculum and concept "Üfa2020"

Organisational information

Involvement of private companies

Activities
Participation in the planning of the activity	no
Mentoring of activity participants	yes
Coaching of activity participants	yes
Provision of traineeship for activity	no
Hosting of teachers’ visits	yes
Hosting of students’ visits	yes
Guest lessons	yes
Funding in kind of the activity	yes

Others:

role modell for simulation

Involved persons & Associations

Involved persons & Associations	Level of involvement
Students’ Associations
Teachers’ Unions	National
School Boards	National
Parents’ Associations	None
Government	National
Foundations	European
Social Partners (trade unions, employers’ and employees’ associations)	Regional, National
Non governmental organisations (put in the organisation’s name)	National

Does the activity involve teachers’ training?

yes

Organisation providing the training:	Pädagogische Hochschule, ARGE ÜFA
Duration of the training:	3 block-seminars of about 3 days each
Compulsory or optional	no
Other important details:	is recommended

With the support of the
Lifelong Learning Programme
of the European Union
510354-LLP-1-2010-1-AT-COMENIUS-CNW