The Delhi Government’s Business Blasters TV program provides a launching pad for students’ business ideas. The judges of the fifth episode were MP CM Manish Sisodia and businessmen Ravi Gupta and Divya Gupta
New Delhi: Two teams of students from a Delhi public school secured seed funding after pitching their ideas – a low cost gas leak alarm and fabrics using the ‘tie and dye’ technique – at the episode of the Business Blasters TV show aired Sunday. The groups won seed funds of ??80,000 and ??60,000 for their ideas, respectively.
The Business Blasters TV program provides a launching pad for student business ideas. The judges for the fifth episode were MP CM Manish Sisodia and businessmen Ravi Gupta and Divya Gupta.
A government spokesperson said a team of nine students came up with the gas leak alarm which they say can be sold for only ??700, against those on the market which cost around ??1,500 to 8,000 currently.
“As a team, we wanted to be someone who could help the community and come up with the most profitable alarm. We are currently on hold for 40 orders and are working on version 2.0 of the alarm, ”said Aman, the team leader. The team pocketed a combined investment of ??80,000 of the show’s two investor judges.
Another group of five students proposed to start a high-quality fabric business using the “tie-dye” technique and received start-up funding from ??60,000 of the judges who also promised them space for their unit.
Several other ideas were also presented at the event, including an automatic LED light by a group of seven students.
A government official said the program was designed to provide public school students with an experience of working as a team, identifying social challenges or business opportunities and preparing business plans to implement their ideas. in their neighborhoods. “All participating students can receive seed money from ??2,000 per student. The teams will use this seed capital with a clear objective of either generating profits or creating social impact, ”said the official.