Business Blasters is a student entrepreneurship programme supported by the Delhi government’s seed money of 60 crores. 3 lakh Delhi Government school students in grades 11 and 12 were each given 2,000 rupees. They organised 51,000 teams and pooled their funds so that each team could receive up to $20,000 in seed money. Using the seed money, each team came up with and implemented a company plan. Zone judges chose 1,000 feasible business concepts from the 51,000 submitted. Business coaches from the entrepreneur community were assigned to these 1,000 teams in order to help them take their firms to the next level. Panels of investors and entrepreneurs selected the top 100+ investment-worthy enterprises, which are well on their path to being lucrative, scalable, and sustainable.
The Delhi Government’s Entrepreneurship Mindset Curriculum (EMC) includes a practical component called Business Blasters. It gives pupils the ability to direct their own professional pathways. Field projects, interviews, classroom activities, and live engagement with entrepreneurs are all part of this multi-component solution focused on experiential learning. Students learn to think big, take risks, spot possibilities, overcome obstacles, bounce back from setbacks, evaluate and learn, and strive relentlessly. Foundational skills such as confident communication, critical thinking, decision-making, cooperation, and more are also included. The EMC is India’s largest-ever grassroots entrepreneurship initiative.
Colleges should also adopt the Business Blasters programme: Kejriwal
On Wednesday, Delhi Chief Minister Arvind Kejriwal said the Business Blasters programme should be adopted in universities and colleges so that students’ entrepreneurial ideas don’t get stifled once they graduate. Students in Class 11 and 12 are given Rs 2000 each to generate business concepts as part of the Business Blasters programme. “So far, 52,000 business concepts have been produced by government school students.” The Business Blasters programme, in my opinion, should be adopted in schools and colleges as well.
“By doing so, they will ensure that their ideas do not reach a snag when they start college or university.” This would ensure that students are prepared when they leave college,” he remarked at the Guru Gobind Singh Indraprastha University (GGSIPU14th )’s convocation. “The educational system only assures that pupils pass tests and receive diplomas.” Before students leave college, there is a need to work with them and map out their professional paths. It’s great if they wish to continue their schooling. They need, however, be worked on if they desire to work. “I believe a goal-oriented approach is required,” he stated.
Kejriwal also mentioned his government’s doorstep delivery of services. “Our governance systems have existed since the time of the British, and they were set up to cause us problems.” However, we altered the system. “Just like you may get pizza over the phone, government services will arrive at your home,” he explained. On this occasion, 53,692 degrees were conferred, including 205 PhDs.
The university is implementing the National Education Policy, 2020, according to vice-chancellor Dr Mahesh Verma. He complimented Deputy Chief Minister Manish Sisodia for granting Rs 20 crore to the institution in the Delhi Budget, which he was also present for. Next year, the university will mark its silver anniversary, he said.
Delhi Govt’s Business Blasters Programme In Private Schools Also From Next Year: Manish Sisodia
“In the coming months, the Delhi government will start the initiative in private Delhi schools as well,” Sisodia said, citing the program’s success. On March 7, he stated, a conference with private schools will be arranged to determine how to proceed. Manish Sisodia, Delhi’s Deputy Chief Minister, announced on Saturday that the city government’s Business Blasters programme, which encourages pupils to think like entrepreneurs, will be implemented at private schools beginning next year. He was addressing at the Thyagraj Stadium’s Business Blasters Investment Summit and Expo, where over 100 government school kids’ business ideas were presented to investors. He claimed that the program’s success was due to the children’s hard work in government schools.
On March 7, he stated, a conference with private schools will be arranged to determine how to proceed. With the mindset of job searchers, India will not be able to grow to a USD 5 trillion economy, according to the minister. “Only by cultivating an entrepreneurial mindset among students across the country can we push the country’s economy to new heights. The Business Blasters programme has boosted the confidence of thousands of pupils in Delhi’s public schools, making it the Kejriwal administration’s most significant achievement “he stated.
Sisodia spoke with each team at the event and discussed how they could improve their business concepts. The minister stated that the Delhi government is committed to providing better education to every child in the city, and that programmes like as Business Blasters are helping to realise B R Ambedkar’s ambitions. He said that the Business Blasters Investment Summit and Expo is the country’s and the world’s first-of-its-kind programme for children. He urged investors to support children’s start-ups by investing in them and providing assistance. “Any government can only conduct such trials to a certain extent. Entrepreneurs are in charge of moving things forward from here “he stated.
He predicted that the Tatas and Birlas of tomorrow will emerge from among today’s rising business stars, forming the world’s largest corporations in 20 years. “As a result, the industry should work together to help these business stars advance,” he added. Investors put crores of rupees into their start-ups, according to a government statement. Investors noted that schoolchildren’s business ideas are highly unusual, and that they are certain that, based on their hard work and self-confidence, these children will contribute significantly to the country’s economy.
“Amazing concepts were given by government school kids at this expo. Some of the proposals are so realistic that they might be put into production right away. They have a lot of earning potential. We’ve narrowed down a few business concepts and will contact the team as soon as possible. Sujata and Taniya Biswas, founders of Suta, said, “We would love to provide guidance to the team on packaging and marketing front” (Mumbai). “What these kids have accomplished with little Rs 1000-2000 in starter money is remarkable. The finest thing is that their concepts were born out of community needs. I’ve already invested in three business ideas after being inspired by them,” stated Rajeev Saraf, CEO of Lepton Software (Gurugram).
“What these kids have accomplished with little Rs 1000-2000 in starter money is remarkable. The finest thing is that their concepts were born out of community needs. I’ve already invested in three business ideas after being inspired by them,” stated Rajeev Saraf, CEO of Lepton Software (Gurugram). ‘Let’s 3D,’ the creation of a team from Kalkaji’s School of Excellence, was one of the ideas showcased during the exhibition. “Customized printed 3D keychains, lights, and miniatures are available to consumers.” The team used their seed money to buy a 3D printer and has made a lot of money so far. According to the government statement, “the team has received over 100 orders through B-2-B.” Aditya Maurya, the team’s leader, stated that they are attempting to contact architectural firms in order to obtain 3D models of buildings. Team ‘Growth’ from Sarvodaya Bal Vidyalaya (SBV) in Netaji Nagar has created a bespoke e-cycle for children with impairments for just Rs 5,000. As it moves, a dynamo linked to the bike charges its battery.
Tushar, the team leader, stated that the goal of this cycle is to instil confidence in disadvantaged children that they, too, can ride a bicycle like other kids. He said, “We have secured a Rs 3 lakh investment from an investor to construct 50 such cycles.” SBV’s ‘Public Service’ team in Dwarka Sector-1 has created an alcohol detector that links to the steering wheel of autos and other vehicles. According to the statement, this gadget disables the vehicle’s engine if the driver is inebriated. Varun, the team’s leader, revealed that this device was created using computer programming and readily available hardware. He believes that this will aid in the prevention of drunk driving and, as a result, major traffic accidents.