Business Blaster Young Entrepreneurship Scheme 2023 : Eligibility,Goal,Advantages,Process to apply

Business Blaster Young Entrepreneurship Scheme 2023

Business Blaster Young Entrepreneurship Scheme 2023 : Eligibility,Goal,Advantages,Process to apply

Business Blaster Young Entrepreneurship Scheme 2023 : Eligibility,Goal,Advantages,Process to apply Punjab Education Minister Harjot Singh Bains launched the Business Blaster Young Entrepreneurship scheme on Tuesday, which aims to develop young entrepreneurs at the school level. According to Education Minister Bains, students in Class 11 will be given seed money of Rs 2,000 to start a business under this scheme. The scheme will be launched in 31 schools across nine districts in the first phase: Amritsar, Jalandhar, Ludhiana, Patiala, Sangrur, Hoshiarpur, Ferozepur, Rupnagar, and Sahibzada Ajit Singh Nagar.
According to an official release, the scheme will be implemented in all state schools beginning with the next academic year. Under this scheme, children will be asked to submit business proposals, which will then be discussed with established industrialists.

Youth Entrepreneurship Scheme Business Blaster 2023

  • Under this programme, students in class 11 will be given an initial or seed amount of Rs 2,000 to start a business.
  • This scheme was initially launched in 31 schools across 9 districts in Punjab.
  • The programme will be implemented in every educational institution in the state beginning with the next school year.
  • For the approved plan, a group of eight students will be formed, and detailed instructions will be provided.
  • The youth will be asked to submit business ideas, which will then be presented to professional professionals for further discussion. For each student, groups of eight students will be formed, and broad guidelines will be provided to the students in order for them to act on the suggestions as deemed appropriate.

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Business Blaster Young Entrepreneurship Scheme’s Goal

The scheme’s main goal is to provide proper opportunities for government school students who would otherwise be unable to learn about entrepreneurship development programmes. The Punjab government’s Business Blaster Young Entrepreneurship Scheme will provide two main benefits. The availability of entrepreneurship development programmes and the guidance provided to government school students are the main advantages. Government school students will be able to apply for various types of job opportunities as well because they will be gaining necessary experience to start their own businesses. The programme will be implemented in 31 schools across nine districts in the state, including Amritsar, Jalandhar, Ludhiana, Patiala, Hoshiarpur, Ferozepur, Ropar, and Mohali.

Business Blaster Young Entrepreneur Scheme Benefits

  •  On November 1, 2022, the Punjab government launched the Business Blaster Youth Entrepreneurship Scheme for class 11 students.
  • The Punjab Business Blaster Young Entrepreneur Scheme awards Rs 2000 to students who have a new business idea.
  • The Business Blaster programme began in 31 schools across nine districts.
  • The Business Blaster scheme will begin in all Punjab government schools next academic year.
  • Amritsar, Rupnagar, Jalandhar, Sangrur, Hoshiarpur, Sahibzada Ajit Singh Nagar, Firozpur, Ludhiana, and Patiala are now part of this scheme.
  • The Punjab Business Blaster Young Entrepreneur Scheme will assist you in increasing the number of job seekers in Punjab.
  • Unemployment will be reduced as a result of the Punjab Business Blaster Young Entrepreneur Scheme.
  • As a result of this initiative, students’ professional skills will improve.

Eligibility for the Business Blaster Young Entrepreneurship Scheme

  • The applicant must be a Punjab resident.
  • The applicant must be a class 11 student.
  • To take advantage of the scheme, applicants must have viable business ideas.

Documents Required for the Business Blaster Young Entrepreneurship Scheme

The following documents are required for the Punjab BBYES Scheme:

  • ID card of the applicant
  • Certificate of education
  • The applicant’s mobile phone number.
  • Email address
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Application Procedure for the Business Blaster Young Entrepreneurship Scheme 2023

The Punjab government will implement the official scheme in the various types of government schools located throughout the state of Punjab. The students will choose the entrepreneurship programme available in their school curriculum, after which they will be able to take classes in order to start their own businesses and will be chosen by the authorities to start their own businesses with their guidance.