Delhi Business Blasters Scheme 2024-25: Benefits, Eligibility and Application Process

The Delhi government's popular Delhi Business Blasters Scheme for the year 2024-2025 was launched on December 12. Originally targeted at schoolchildren, the scheme will now also include college students and those attending state-funded universities. Education Minister Atishi announced on Thursday that the Business Blasters program will be extended for the 2024–2025 academic year. The initiative will receive a seed funding of Rs 40 crore, and around 2,45,000 students are expected to participate. This program aims to provide students with a platform to transform their innovative ideas into successful businesses. Keep reading to learn more about the Delhi Business Blasters Scheme for 2024 and 2025.

About Delhi Business Blasters Scheme 2025

The Delhi Business Blasters Scheme was initially launched to empower school students and is now expanding to include college students. According to Atishi, the program has received a substantial funding of Rs 40 crore from the government to support startups. The initiative is expected to engage around 2,45,000 students, giving them a chance to hone their entrepreneurial skills by establishing their own businesses.

Over the past three years, the scheme has been successfully implemented in Delhi government schools, primarily targeting students in classes 11 and 12. So far, it has led to the creation of approximately 40,000 business ideas and enterprises, which range from chocolates and fragrances to eco-friendly products and innovative technology solutions. This year, many of the trainees are anticipated to start creating job opportunities even before they complete their education, as shared by Atishi.

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Objective of Delhi Business Blasters Scheme PDF

The main goal of the Delhi Business Blasters Scheme is to offer financial support to the citizens of Delhi who are interested in starting their own businesses. Through this initiative, the public has the opportunity to invest in the top 150 businesses selected from the program. This platform helps student-run businesses attract additional funding and support from external investors. The scheme aims to foster a culture of self-employment and entrepreneurship, transforming students from job seekers into job creators. Initially launched as a pilot project in government schools in 2021, the program provides participants with seed funding and an opportunity to launch their business ideas. By promoting entrepreneurship, this scheme is expected to generate employment opportunities for the people of Delhi in various sectors.

Business Blasters Scheme for School Students

The Business Blasters initiative for school students has expanded to include a few private schools, as announced by the Education Minister. These private schools are now being provided the opportunity to participate in the program by the Delhi government. This extension aims to broaden the reach of the project and offer more students a chance to explore entrepreneurial opportunities. Education Minister Atishi highlighted that last year, students from Delhi government schools not only started their own businesses but also created jobs for others. She expressed optimism that this year's participants would build on last year's success and contribute to boosting the economy.

Business Blasters Scheme for College Students

The Delhi government launched the Business Blasters initiative on Tuesday, aiming to nurture a generation of job creators among college students. This program encourages the youth of Delhi to pursue innovation and entrepreneurship. By providing seed funding and mentorship, Business Blasters helps students turn their ideas into successful businesses, fostering self-employment and promoting job creation.

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Financial Assistance

• For schools: Students in grades 11 and 12 received Rs 2,000 in start financing through the school-level program,
• For colleges: The government has now expanded the financial aid to provide Rs 50,000 in initial capital for college students.

Required Documents

• Aadhaar Card
• Mobile number
• Email ID
• Educational Certificates

Eligibility Criteria

• The applicant should be a resident of Delhi.
• The applicant should be a student of class 11th and 12th.
• The applicant should also be in college to apply or passed out from college.
• The applicant should be unemployed.

Salient Features 

• Job Opportunities: The program offers students a platform to transform their innovative ideas into viable businesses, creating job opportunities for themselves and others.
• Financial Aid: The government has increased its financial support, now offering Rs 50,000 as initial capital to college students to help bring their entrepreneurial ideas to life.
• Skill Development: The initiative has already led to the creation of approximately 40,000 enterprises and ideas, helping students develop critical skills for entrepreneurship and business management.

Delhi Business Blasters Scheme Apply Online Process

• Student Participation: The EMC coordinator must ensure that students from their respective schools and colleges are actively participating in the program.
• Gender Equality: In co-educational schools and universities, it is essential to ensure equal participation of all genders during the evaluation process.
• Mentor Responsibilities: Mentors are required to maintain accurate records of all students who have completed the assessment after submitting the application form.
• Accessibility: Students with access to electronic devices (a computer or phone with internet connection) can complete the evaluation from home, school, or college.

Summary of Delhi Business Blasters Scheme 2024-25

The Delhi Business Blasters Scheme for 2024-25 aims to empower both school and college students by providing seed funding and mentorship to transform innovative ideas into successful businesses. With a Rs 40 crore funding, around 2,45,000 students are expected to participate. The initiative fosters entrepreneurship, creating job opportunities and promoting self-employment across Delhi.