Business Blasters Startup Show By Delhi Government: 60 Crore Seed Fund Capital, 51000 Business Ideas

What is the Business Blasters Show?

Business Blasters is an initiative by Government of Delhi NCT. Business Blasters project is a practical component of the Entrepreneurship Mindset Curriculum (EMC) curriculum for classes XI and XII, where students are given seed money of Rs. 2000 each to build on an idea that generates profit, or solves a social problem. Business blasters project will enable EMC students to demonstrate their problem solving ability by creating value through innovation that can be applied to multiple needs or problems, identifying and fulfilling a need in the marketplace, taking up a problem in a community and solving it efficiently, students may target certain consumers in the marketplace, or a group of beneficiaries affected by a social problem. The initiative will be videograpped and uploaded as Episodes in AAP YouTube Channel.

 
What Is The Entrepreneurship Mindset Curriculum?

The Entrepreneurship Mindset Curriculum (EMC) was introduced in Delhi Government Schools in 2019 for classes 9-12, to enable students to take charge of their career paths and explore their potential to the fullest. The curriculum hopes to inculcate a problem solver’s mindset in students. It focuses on honing qualities and abilities such as identifying opportunities, trying something new, bouncing back from failures and persevering to help students become successful in a business or in a job. The EMC hopes to prepare students to grow up to be job providers, not merely job seekers.


Arvind Kejriwal, Chief Minister, Government of NCT of Delhi, “We want to change the mindset of our young generation by encouraging them to be job providers rather than job seekers.”


Manish Sisodia, Deputy Chief Minister and Education Minister, Government of NCT of Delhi, “If we start Entrepreneurship Mindset Curriculum and Business Blasters program in all the schools of the country, then the day is not far when we will teach in our textbooks that India is not a developing country but a developed country. We will soon see children coming out of Delhi's school giving jobs to others instead of waiting in line to get jobs. Only then the dream of the country's 5 trillion dollar economy will also be fulfilled and the problem of unemployment will also end.”

The judges are Sairee Chahal, Founder Mahila Money and Sheroes; Sujata Biswas, Cofounder, Suta; Tanya Biswas, Cofounder, Suta; Abhiraj Singh Bhal, Cofounder and CEO, Urban Company  (formerly Urban Clap); Seema Bansal, Partner and Social Impact Asia Pacific Head, Boston Consulting Group; Nitin Saluja, Founder and CEO, Chaayos; Neeraj Gulati, Cofounder, Tod Fod Jod; Dr Rajeev Sharaf, CEO,  Lepton Software.

 
The seed fund of Rs. 2000 to 3.5 lakh students of Delhi government run schools will be given to students from class 9 to class 12 who in turn will have to invest it for running a small business. The Business Blaster programme is AAP’s dispensation in investing in India’s economy as it is grooming future entrepreneurs. 

The programme has been launched under the 'Entrepreneurship Mindset Curriculum', which is aimed at developing young entrepreneurs at the school level. Manish Sisoida sees this programme as seed money for India's economy, "When we had allocated a budget of 60 crore for this project, we knew that it was the seed money for the country's economy. India will not become a five trillion dollar economy just by people talking about it. How will we become a five trillion dollar economy? Not by just the prime minister saying so. For a long time we have been taught that India is a developing country and we will have to teach the same to future generations if we don't address the core issue.”

 
Addressing the problem of joblessness the AAP government has made this programme mandatory for every student to take part in the Business Blasters programme. It is not only for the students of commerce or business studies but also for those who study humanities and science.

 
An entrepreneurial mindset would involve utilising the talent of these civil engineers for providing homes to the homeless and in a way invest in the country's economy. Sisodia stated it is a risk the government has taken as there is no surety on the successful return on investment, there will be losses. Someone will incur a loss of 650 and some of 2500.

 “The new education policy talks about taking risks and even the new age education says that children should be confident. As an education minister, I am ready to take the risk. We are giving 2,000 seed money to children and giving them the freedom to invest it. In case you don't make a profit, you will learn from the failure and in case, you earn a profit, and then you will learn entrepreneurship. He said that even during the pilot project, carried out among 41 children in a government school in Delhi's Khichripur, some made a profit of 650 over the seed money while another group earned a profit of 24,000,” said Sisodia.