The Delhi government on Sunday launched the ‘Business Blasters’ program, a first-of-its-kind televised event that will give students of classes 11 and 12 of schools run by it an opportunity to present their start-up ideas to investors and obtain investment capital to take them to the next level. The show will include students’ business ideas, shortlisted from 51,000 entries submitted by 3,00,000 students. The first team headed by Yash, who comes from a migrant family from Kanpur, pitched their idea of ‘Speaksters’, which sells high quality, low cost, and high-performance Bluetooth speakers. Business Blasters is the world’s biggest start-up program. With 3 lakh ideas submitted by 51,000 students and Rs 60 crore up for grabs as seed capital, this program is an integral part of the education revolution we want to bring in Delhi and eventually in India.
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“The show is providing a launchpad for students’ business ideas and encouraging confidence and a problem-solving mindset among them, which will benefit India’s economy in the future,” Deputy Chief Minister Manish Sisodia said. ‘Business Blasters’ is a practical component of the Entrepreneur Mindset Curriculum (EMC) for classes 11 and 12 and has been designed to provide students of Delhi government schools the experience of working in teams, brainstorming and identifying social challenges or business opportunities, preparing business plans and implementing their ideas in their neighborhoods.
All participating students will receive Rs 2,000 each as seed money. The teams will use this seed money to either earn profit or create social impact. The students whose ideas are shortlisted will be given an opportunity to present their ideas to the judges, who are highly successful in their fields of work. The first episode of ‘Business Blasters’, which was aired on prominent TV channels on Sunday, saw three teams competing against each other.