Chandigarh June 5
An X grade student explains his business idea revolving around cryptocurrency An eleventh grade girl confidently explains her business plan to make furniture from tetra beams with the wonderful confidence of a seasoned businessman Another student presents his business model promising a jury member to invest Rs 10 lakh on immediately. Meet the young breed of entrepreneurs who draw up detailed market strategies, business plans and do cost-benefit analysis with Ilan.
In an age when students are expected to remain tied to their books, 80 singles high school students participating in the Young Founders Summit have taken the idea of school-wide entrepreneurship a notch higher.
The three-day summit, held in Chandigarh, and concluded today, saw some mind-boggling performances, not only from freshmen students, but also from some from Bihar and as far from Nepal. From creating software related to virtual reality (VR) to creating a smart plug that helps you power your heater through your phone, students at the summit have dispelled many myths related to school education.
Pride award winners
Dhruv Kapoor from Saint Kabir School, Chandigarh, and his team Eduwiz won the first prize (with a cash prize of Rs 12,000) at the top. Speaking about his ambitious plan, he said, “We want to implement the concept of virtual reality in education. We are in the process of creating a software company that will be integrated into school education. We will have our own animation. We will create our own virtual reality in education. We will launch VRs in school. Our company will By making training modules for the school curricula. Our revenue will come from the courses. Our revenue will come from launching ideas in the school. Speaking about the challenges on the way to success, he said: “Acquiring clients will be difficult at first, as schools budgets are really tight, but we expect that once If two schools start joining, many other schools will too. Just as they started investing in the idea of smart school and smart boards. Our target is grades eight through ten.”
The 2nd prize winner (with a cash prize of Rs 8000) captivated the audience in awe with her unique idea ‘Rocket T SAT’ where T stands for Tetra and SAT stands for ‘Sasta and Tikau’ with team members Hargunn, Jhinuk, Amya, Nidhi, Sahna , Gauri, Umika, Pearl. Speaking of this, she said, the company aims to reduce the backlog of landfills by recycling Tetra packaging and making something sustainable out of it such as trays, litter boxes, coasters and much more. We’ve thought about tetra because no one is working on recycling this. We aim to provide employment opportunities for rural women.”
Adhiraj Jain, Class 12th Student at St Kabir School, Chandigarh and his team “Crypto path” won the 3rd prize (they took home a cash prize of Rs 4,000). Highlighting his favorite project on cryptocurrency, he said, “The idea of my project is to introduce the concept of mutual funds in the cryptocurrency market through which we can reduce business risks. We will develop a research and development team that will be a team of experts who know the market through it and who Through this team, we will help people invest in the stock market. Our revenue will be just one piece of it.”
The brainchild of 21-year-old Navya Mehta, who graduated from Kelly Business School, one of the top 10 business schools in the US, Summit provided a platform for schoolchildren to share their emerging ideas with industry experts. The 10-member jury included famous names such as CEO of Lahori Jira, Saurabh Mangal, CEO of Taynor Group of Companies, and Sameer Walia, Director of Chitkara University who judged the participants.
Adarsh, who came all the way from Bihar to participate in the summit, managed to attract investors with his team “Skillzo” and won an instant investment of Rs 10,000 lakh from investor Rahul Narvikar. “My plan is to create a platform for high school students where they can take courses related to artificial intelligence, virtual reality and blockchain technology. We use technological meta-analytics on the basis of which we decide where the student is falling behind. Our AI-based system will suggest improvement changes to them, and based on that, we will provide them with mentors. Customized according to their level. We will provide a platform to provide solutions to students who are late in different courses. We will also arrange experts for them.”