Young School Students converge to solve India’s most challenging problems at National Entrepreneurship Bug

New Delhi, May 9, 2017: Did you know that generating electricity from the energy wasted by a stove or switching the water pump to irrigate your paddy crop with a missed call to a GSM device or working on a laptop that tells you to correct your posture, is all possible. These were some of the innovation projects on showcase at the grand finale of National Entrepreneurship Bug 2017, the first ever competition to promote school level innovation and entrepreneurship.

The competition organized by The Entrepreneurship School (TES) in association with Glorifire, had student participation from more than 1000 schools all across India. After careful evaluation of each idea, TES invited Top 100 idea owners to the grand finale at the auditorium of National Rail Museum, New Delhi for prototyping and rapid product development.

Prakhar Saxena, a class X student from La Martiniere College, Lucknow won the first prize and Rs 100,000 cash award; Syed Farhan, a class XI student of CMR National Public School, Bangalore got the 1st runners up title and Rs. 60,000 cash award and Akshat Jain, a class XII student of Vatsalya Sr. Secondary School, Sagar got the 2nd Runners up title and Rs. 40,000 cash award. The top 10 teams have also been selected for the mentoring program by TES. Ms.Bhargavi Goel, a Class XII student of DPS Vasant Kunj was awarded with the title of “Young Entrepreneur”.

Speaking on the occasion, Mr. Sanjeeva Shivesh, Founder of The Entrepreneurship School, said, “This is most amazing competition that I have ever seen. You have some of the brightest kids fearlessly sharing some very futuristic ideas and prototypes. We launched The Bug to encourage young children to appreciate and solve some simple problems around them. But, these kids are very brave. They want to solve some of the most difficult problems of the world.”

Delivering the keynote address, Mr. Nitin Seth, COO, Flipkart said that, “Traditionally India has performed poorly on innovation parameters. However, young school children with bold ideas and concepts augurs well for the country. This annual festival of ideas will help us identify children with entrepreneurial bent early and shape them to solve simple problems faced by the humanity.”

Mr. Masroor Lodi, Co-founder and Director of TES said “We rolled out National Entrepreneurship Bug in partnership with Glorifire to encourage the spirit of innovation and harness the enormous potential of school children. We do not want any child with entrepreneurship keeda to feel helpless. Our incubator will support everyone.”

Students at The Bug interacted with several well-known entrepreneurs including Mrs. Meenakshi Gupta, the Cofounder of Goonj; Mr. Kartik Aneja, Founder of Nayi Disha; Mr. Shivam Ahuja of Delhi Angels, Mr. Rohit Koshy of Baxi, Dr. Shalini Lal of Infinity OD Consulting and Mr. Anubhav Wadhwa, a 17 year old Founder of Tyrelessly. The event was attended by several school teachers, parents and entrepreneurship mentors, who worked with students in their prototype development.
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