Punjab government has launched Business Blaster Young Entrepreneur Scheme 2024 for school going children. In this scheme, the state govt. will encourage school children to start their own business. Class 11th students will be given seed money to become entrepreneur and become job providers rather than job seekers. In this article, we will tell you about Business Blaster Young Entrepreneur Scheme complete details.
About Business Blaster Young Entrepreneur Scheme 2024
| Name of Scheme | Business Blaster Young Entrepreneur Scheme |
| State Name | Punjab |
| Implementation year | year 2022 onward |
| Objective | Cash assistance to school going children to turn them into job providers / entrepreneurs rather than job seekers. |
| Major Beneficiaries | Class 11th students |
| Seed Money Amount | Rs. 2000 |
| 1st Phase Launch | 31 schools in 9 districts of Punjab |
| 2nd Phase Launch | All Schools in Punjab |
Launch of Business Blaster Young Entrepreneur Scheme
School education minister of Punjab has launched the state government’s Business Blaster Young Entrepreneur Scheme, aimed at encouraging schoolchildren to start businesses. While launching the scheme, minister said that students of government schools will become “job givers”, and not “job seekers”. Students of Class XI will be provided seed money of Rs 2,000 to start a business, which is aimed at developing young entrepreneurs at the school level.
Under the first phase, the scheme will be launched in 31 schools in nine districts of the state including Amritsar, Jalandhar, Ludhiana, Patiala, Sangrur, Hoshiarpur, Ferozepur, Ropar and Mohali. The Business Blaster Young Entrepreneur scheme will be implemented in all schools of Punjab from the next academic year. Under this scheme, first students business proposals will be invited by the state government. After this, the proposals will be discussed with established industrialists and a mixed group of eight students will be formed for a proposal which is found suitable and they will be given complete guidance.
Source / Reference Link: https://timesofindia.indiatimes.com/city/chandigarh/business-blaster-young-entrepreneur-scheme-launched/articleshow/95242927.cms