Education
Youth Ideathon 2024: CBSE Launches India’s Biggest Entrepreneurship Competition for School Students
ThinkStartup, India’s leading entrepreneurship education platform, in association with the Management Entrepreneurship Professional Skills Council (MEPSC) under the Ministry of Skill Development and Entrepreneurship, and the Central Board for Secondary Education (CBSE), announced the launch of the 4th edition of Youth Ideathon (YI24). This prestigious Innovation and Entrepreneurship festival aims to harness the creativity and entrepreneurial spirit of young minds across India.
The theme for this year’s Youth Ideathon is “iStartup a Good Thing for India.” The competition will be held in five stages, initially online, and is open to all school students in India, divided into Junior (Class 4 to Class 8) and Senior (Class 9 to Class 12) categories. Students will compete in teams of 3 to 5 members from the same school. The grand finale is set for October 6, 2024. Last year, the Ideathon attracted over 1.5 lakh students from more than 8,000 schools, and this year aims to see participation from over 2 lakh students across 10,000 schools.
Dr Biswajit Saha, Director (Skill Education & Training), CBSE, remarked, “Entrepreneurship is an essential pillar of the New Education Policy 2020, and the Youth Ideathon platform allows students to think bravely and showcase their talents.”
Mamta Kumari, Deputy General Manager, SIDBI, added, “Initiatives like Youth Ideathon 2024 nurture the entrepreneurial spirit among young minds, creating over 200 internships for school students in fields such as technology and digital marketing.”
Shivani Singh-Kapoor, Co-founder of ThinkStartup, emphasised the importance of nurturing young talent, stating, “Youth Ideathon empowers the next generation by nurturing high-potential student ideas with incubation support.”
The competition is supported by industry leaders such as Esri India and MediaTek. Agendra Kumar, Managing Director of Esri India, noted, “Youth Ideathon channels the creativity of young minds towards addressing pressing social, environmental, and economic challenges.”
Anku Jain, Managing Director of MediaTek India, echoed this sentiment, saying, “By supporting platforms like Youth Ideathon, we aim to generate more startups, create jobs, and cultivate groundbreaking ideas.”
Sanjeeva Shivesh, Program Director of Youth Ideathon, highlighted the new frugal startup challenge, offering Rs. 1000 cash to the top 500 teams to build a prototype or small venture.
Youth Ideathon 2024 also receives support from SheAtWork and BRICS CCI WE. Ruby Sinha, Founder of SheAtWork, stated, “Youth Ideathon addresses both SDG 4 and SDG 5 goals of quality education and gender equality.”
Participants will receive certificates, with top teams competing for incubation grants up to Rs. 100,000. Special recognition will be given to teachers, mentors, and schools with high participation rates.