Bengaluru / Georgetown 31st May 2024: JAIN Group of Institutions (JGI) announced a US$1.2 million investment to support start-ups by graduates of the Guyana Online Academy of Learning (GOAL) Initiative. This funding is part of JAIN University’s start-up incubation program to foster entrepreneurship.
JAIN University will also send faculty to assist GOAL students in developing start-up ideas and investing in their businesses. The announcement coincided with the graduation of 1,712 GOAL students on May 24th.
Dr. Chenraj Roychand, founder and chairman of JAIN Group and Chancellor of JAIN University, pledged to invest in his keynote address and encouraged graduates to build companies and export ideas in fields like finance, accounting, technology, machine learning, artificial intelligence, supply chain, and logistics management. Dr. Roychand shared success stories of JAIN’s financial assistance programs, which played key role in the creation of over 5,000 entrepreneurs. He has envisioned to create 10,000 entrepreneurs in the next 10 years through an accelerated online program for all GOAL students who will contribute to country’s economic growth.