Edit in JSFiddle

var source = $("#entry-template").html();
var context = {
  title: "My New Post",
  body: "This is my first post!"
};
var template = Handlebars.compile(source, context);

<div class="container">
  <h1>Handlebars runtime</h1>
  <script id="entry-template" type="text/x-handlebars-template">
    <div class="entry">
      <h1>{{title}}</h1>
      <div class="body">
        {{body}}
      </div>
    </div>
  </script>
</div>