Students of loyola School Anirban Kundu and Fahad Inbesat brought laurels to the city by winning third prize in the NSE Young Pioneers organised by the History TV 18, a business plan competition organised to foster entrepreneurial thinking among students across the country.
To encourage students to put on their thinking hats and promote a spirit of entrepreneurship among the youth, the National Stock Exchange (NSE) carried out a unique all India contest, in association with History TV 18, called the NSEYoung Pioneers. NSE Young Pioneers has been instituted to recognise, felicitate and provide a platform for aspiring businessmen. The contest picked up the top four teams that had the most exciting business ideas to offer, before an eminent panel of judges.
The contest was conducted across 500 schools in the country. Students of classes 10, 11 and 12 presented their business ideas to judges. Each school was allowed one team of two members, who had to make a ten-minute power point presentation on their business idea, to a panel of judges The team from loyola School was one of the 350 teams which applied for the online preliminary round in March where they had to submit a documentation of their business plan. Out of 350, 40 teams were chosen for the first round where teams had to appear for a interview on Skype.
The semi finals with 12 teams (three from each zone) was held in NSE premises in Mumbai. Finally four teams from four zones qualified for the finals. In the final the Uttam School, Ghaziabad, RN Poddar School, Mumbai, Smt. Narbada Devi J Agarwal Vivekananda Vidyalaya Jr. College, Chennai and loyola School, Jamshedpur, battled it out for the top slot. “The contest was quite interesting and we are happy to give our best performance in it,” said Anirban. loyola School principal Father Sebastian Puthenpura congratulated the team and encouraged them to continue the good performance.