As many as 1,000 student-led startups out of 51,000 ideas have been selected for the next round of the Delhi government’s ‘Business Blasters’ program, an official statement said on Saturday.
Deputy Chief Minister Manish Sisodia, who also has the education portfolio, claimed that student entrepreneurs of the Arvind Kejriwal government’s school launch program will bring back the glory of India, known in the past as “Sone Ki Chidiya” (Golden Bird). .
“They are going to develop companies where students from all over the world want to work”, he motivated students during the Masterclass Business Blasters.
Out of 51,000 startup ideas, 1,000 student-led startups have been selected to participate in round 2 of the Business Blasters program. Of these, 100 startups will be selected for round 3, the statement said.
The Delhi government’s Business Blaster program is the first-ever initiative to start a school on such a large scale and it is being discussed across the country, Sisodia said.
“India has one of the largest youth populations, which can help make the country a developed country. To do that, we need to eliminate the job-seeking mentality of the youth in the country and instill the entrepreneurial spirit in them,” he noted.
Ritesh Malik of ‘Innov8 Co-working’ and Swati Bhargava of ‘CashKaro’ and ‘Earn Karo’ startups shared tips and tricks with city government students to succeed in business during the Masterclass.
“It takes three things to make any business successful: recognition of business ideas, willingness to take risks, and passion to work on the idea. Don’t just think about making money from the company, linking business ideas to social goals leads to phenomenal success,” Malik said.
Bhargava spoke about how to raise funds for companies. India is the largest market in the world, with proper planning one can expand the business, she said.
It is necessary to have a great team to move the business forward, a small start-up can become a big company based on the team, she added.
AAP MLA Atishi said: “We need to get rid of the obsession of finding a job after completing an education. I believe that now that our business blasters have overcome their fears, they will bring new changes to the country.”
Sisodia added that impressed by the success of young entrepreneurs from schools in Delhi, 600 people have already volunteered to invest Rs 11 crore in their business ideas.