Business ideas

Govt. students have the chance to develop their business ideas

From starting up with a seed capital of 2,000 to discussing by investors about the feasibility of a business plan, Delhi public school students as part of the Entrepreneurship Studies program (EMC) had the opportunity to improve their ideas. They can turn a school project into something that creates jobs within the community and gain hands-on experience running a business.

As part of the Delhi Government’s Business Blasters program, broadcast on TV and other platforms every weekend, a number of students have the opportunity to develop their business ideas not only by seeking investment and mentoring. with investors like Nitin Saluja, founder of Chaayos. Seema Bansal, partner and director of BCG India, Abhiraj Singh Bhal, co-founder and CEO of Urban Company and Sairee Chahal, founder, CEO of SHEROES, but also to all those who love their products.

Invest in start-ups

The Delhi government has launched a dedicated website for people to buy products made by students as well as other investors to join to mentor students or invest in their start-up. The website also has a section on student projects and the history of their ideas.

Deputy Chief Minister Manish Sisodia said the program gives students the opportunity to become job providers rather than job seekers and learn the nuances of running a business from an early age. . Mr. Sisodia called on people to be part of the change and help government students become empowered individuals.

On Sunday, Sukh Sagar, a science student at the Khichripur School of Excellence, who learned to repair cellphones and headphones in his spare time at his friend’s cellphone repair shop, secured funding or 50,000 and an internship in Chaayos while he and his team impressed Mr. Saluja with his start-up idea called Mobisite.

“When the online classes started, many children in my class did not have access to cell phones. So we decided to refurbish old cell phones and sell them cheaply so that everyone can afford it. Business Blasters not only taught us pricing, time management, and leadership skills, but it also gave us a platform to be independent at such a young age and that’s something I’m into. very happy, ”said Sagar, a student in Class 12.

Another ‘Home 2 Creations’ start-up launched by Sheeza Ali and Sakshi Jha which sells accessories such as wall hangings, key chains, knit and weaving bags and chocolates, has raised an investment of 20,000 ₹ from Ms. Bansal and Mr. Saluja.

A third Ink Family start-up that sells custom printed mugs, t-shirts and COVID masks with messages, jokes received additional seed capital of 80,000 and advance orders worth 28,500 as well as internships. Ink Family’s Yash Patwal said starting the business was a tough journey, but he was able to effectively use social media to gradually increase orders.

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