New Delhi: The ‘Business Blasters' programme initiated by the Delhi government aims to instill confidence in students as they share their business ideas with the intent of becoming an employer so as to boost the Indian economy in future.


The programme, launched under the ‘entrepreneurship mindset curriculum’, for the students of Class XI and XII is aimed at grooming young entrepreneurs at the school level.


Accordingly, around three lakh students of Class XI and XII studying in the Delhi government schools created nearly 51,000 teams and submitted as many business ideas.


This breakthrough initiative is aimed at ensuring that the big business tycoons of the future emerge from the Delhi government schools


In episode 3 of the start-up show 'Business Blasters', the students of a Delhi government school put forth their ideas so that they receive business investment.


WATCH THE ENTIRE EPISODE BELOW



Getting a boost with the Delhi government’s entrepreneurship programme, six students worked on a project ‘TECHUP’.


Upgrading computers with the belief that life can be upgraded only with technology up-gradation, this team has created a lighter version of Windows which runs smoothly even on old hardware and doubles the computer processing speed.


The team built a low-cost computer, which runs on their customised software, with the help of seed money provided by the Delhi government.


As part of this programme launched earlier in September, the students in Classes 11 and 12 are mentored and provided a financial capital of Rs 2,000 as seed money to help kick-start their business ideas.


The team shared its business ideas before Delhi Deputy Chief Minister Manish Sisodia, Lepton Software CEO Rajeev Saraf and Suta co-founder Sujata.


“Our main motive is to gift people PCs at a really affordable price with great performance,” said team leader Ansh.


“Basically, we used to have online classes five to six months ago. The computer used to hang in between the classes. We then could not move out to play. So, we used to play video games which even did not work properly. We built Windows 10 customised operating system, which can run even on low-cost PCs and give a good performance,” he added talking about his idea.  


Ansh said that his six-member team, which has received an investment of Rs 12,000, aims to develop low-cost computers with this amount.


“The cost of our computer is Rs 15,000 to 16,000. We get a new computer these days for Rs 30,000 to 40,000. Our price is almost half,” he added when asked whether it is not a big business idea.


Echoing similar thoughts, another team member said the students planning to buy a new PC can purchase from our start-up.


When quizzed as to why the price of his product was so minimal, Ansh said: “Our main target is to reach out to the students. There are 3 lakh students in Delhi. Even if we take 0.1% of the total, there will be 300 students. If we ger Rs 4,000 profit per student then it will be a profit of Rs 12 lakh.”


He further said that the low-cost computer built by his team can be used in cyber cafes and schools, especially where expensive computers are not required but those which give good performance.  


“We plan to sell it in around Rs 15,000 to 16,000 depending on the configuration…We have not received any order so far for the computer but received orders for upgradation. We charge Rs 649 for upgradation,” he added.


Another team member said the team has an annual maintenance programme in case the customers face any problem.


“There will be an extra charge for the same. The customers will be given three to four visits in a year. If they face problem regarding any hardware then we will correct it. We will also fix any problem in the software,” he added.


Ansh further said that his team is not in favour of selling this business idea.


“We want to start our own company. Our name will be over if we merge with anyone,” he added.


The team has so far received upgradation order of 10 computers from one school.


“We have also upgraded three computers in our school,” added Ansh.


The ‘TECHUP’ team said that they have presently estimated that Rs 2.5 lakh will be required to expand this business.


“Rs 60,000 will be required for developing demo computers. Another Rs 15,000 to Rs 20,000 will be required for GST registration. Another Rs 20,000 will be needed for advertisements. If we take a place then we will require another Rs 45,000 to Rs 50,000,” said a team member.


The team received a grant of Rs 75,000 from the Lepton Software CEO.


“You have to execute 10 orders within the next two months. If you execute it then we will talk about more funding in future,” he said.