The positive impact goes beyond the olympiad events themselves. After using the techniques taught in BFMC’s seminars, 59% of participating teachers said they saw improvements in classroom activity and information retention. The organization has also established three “regional accelerators,” which help launch economics-related subjects in middle schools in partnership with school administrators, local authorities, and local businesses.
The organization has received support from Atlas Network for this and other initiatives, including grant support, training, and a global stage to present their innovative approach to economic education.
In 2019, Nataliya won Atlas Network’s European Think Tank Shark Tank pitch competition, securing $10,000 in seed funding for her educational project “ENVY: Economics at School.” This work provided teachers and students with modern, engaging materials—including Economics in 31 Hours—to promote economics education and laid the foundation for the organization’s current efforts.
“In order to multiply its impact even further in the near future, BMFC has built a strong network of partnerships, internationally with Atlas Network, Economic Fundamentals Initiative, Lithuanian Free Market Institute, and nationally, focusing on Ukrainian businesses and other educational movers and shakers,” Nataliya said.
BFMC’s work is crucial for Ukraine’s future, as the country will be forced to tackle the enormous challenge of post-war reconstruction and rehabilitation. By ensuring the next generation’s economic literacy and critical thinking abilities, the Economic Accelerator Program is building a more resilient and market-friendly Ukraine.
“Through our continuing work, we are laying the foundation for not only Ukraine’s economic recovery but a future that offers more than individual liberty, prosperity, and dignity than ever before,” Nataliya notes.
“This is our investment in the Ukraine of tomorrow.”