Youth Ideathon 2024: Celebrating Young Innovators at IIT Delhi
The 4th edition of the ‘Youth Ideathon 2024’ concluded with a grand showcase at IIT Delhi, featuring over 1.8 lakh young innovators from more than 5,000 schools across India. Organized by ThinkStartup and MEPSC, in collaboration with CBSE and IIT Delhi, this event is a platform for school students from Classes 4-12 to explore innovation and entrepreneurship.
Event Highlights
Six teams received grants of Rs 1 lakh each for their innovative ideas. The event included social experiments with The Kid Company, allowing students to list, sell, and raise investments for their ideas, gaining real-world business experience. The Top 100 teams engaged in entrepreneurship, selling their innovations and raising Rs 40 lakh through crowdfunding on The Kid Company platform.
Key Figures
Dr. Biswajit Saha, Director of skill education and training at CBSE, praised the event, highlighting the entrepreneurial spirit of India’s youth. Anil Pokhriyal, CEO of MEPSC, emphasized the importance of providing students with tools and opportunities to turn their ideas into reality, contributing to a self-reliant India.
Competition Structure
The competition was divided into five stages, with entries from Junior (Class 4-8) and Senior (Class 9-12) categories. A record 1.8 lakh students participated, with over 53,000 teams submitting initial entries. After a rigorous selection process, 1,500 teams presented video pitches, and 500 teams received Rs 1,000 each to develop prototypes.
Doubts Revealed
Youth Ideathon -: Youth Ideathon is a competition where young students come up with new and creative ideas to solve problems. It’s like a big contest for young inventors and thinkers.
IIT Delhi -: IIT Delhi is a famous college in India known for its engineering and technology courses. It’s one of the top places where smart students go to learn and create new things.
ThinkStartup -: ThinkStartup is an organization that helps young people start their own businesses and come up with new ideas. They support students in becoming future entrepreneurs.
MEPSC -: MEPSC stands for Management & Entrepreneurship and Professional Skills Council. It helps people learn skills needed for jobs and starting businesses.
CBSE -: CBSE is the Central Board of Secondary Education, which is a big organization in India that manages school exams and education standards for many schools.
The Kid Company -: The Kid Company is a project where students get to experience what it’s like to run a real business. They learn how to sell products and manage money.
Dr. Biswajit Saha -: Dr. Biswajit Saha is a person who works with CBSE and helps in organizing educational events and competitions like the Youth Ideathon.
Anil Pokhriyal -: Anil Pokhriyal is a person who supports educational initiatives and helps in organizing events that encourage young people to innovate and start businesses.
Rs 1 lakh -: Rs 1 lakh is a way of saying 100,000 rupees, which is a large amount of money in India. It’s a prize given to the winning teams in the competition.
Rs 40 lakh -: Rs 40 lakh means 4,000,000 rupees. It’s the total amount of money that students raised through their business activities in The Kid Company.
