Delhi government is going to hold Business Blasters Investment Summit and Expo on March 5 with the aim of providing an even bigger platform to young entrepreneurs. It will be held at the Thyagaraj Stadium.
“Business Blasters project is a practical component of the EMC curriculum for Classes 11 and 12, where students are given seed money (Rs. 2000 each) to build on an idea that generates profit, or solves a social problem,” said the statement on the official website.
Over 100 business ideas by student entrepreneurs will be selected and showcased. This will provide a chance to varied investors to directly invest in a project of their choice. A total of 51,000 ideas were submitted for this event.
“Out of these 1,000 ideas, over 100 student-led top business ideas have been selected. We will organise a Business Blasters investment summit on March 5 at Thyagaraj Stadium. “These top business ideas will be put forth before the investors. I want all investors of the country, interested in new business ideas, to attend the summit,” said the education minister of Delhi Manish Sisodia.
The ideas behind the summit are done after rigorously assessing them by eminent experts and entrepreneurs.
Along with receiving investment for ideas, the scholars who are qualifying for the ultimate round of this summit will get direct admission to varied state universities like Delhi Skills and Entrepreneurship University (DSEU), Delhi Technological University (DTU), Netaji Subhas University Women (IGDTUW) to pursue BBA.
Investors from across the country have been invited to take part during the event and invest within the ideas of the scholars furthermore as incentivize student entrepreneurs from Delhi’s government schools.
This programme is one of the biggest start-up initiatives in the world. Under this programme, over 3 lakh kids have received a working capital of 60 crores. With the assistance of experts, 1,000 business ideas were selected from zonal, school and district levels within the first phase of this programme.