Jain (Deemed-to-be University) signs an MoU with Yunus Social Business Center
Jain (Deemed-to-be University) signs an MoU with the Yunus Social Business Center (YSBC) to set up the “Jain (Deemed-to-be University) – Yunus Social Business Center” (JU-YSBC) which will be a part of Jain (Deemed-to-be University) Incubation Center to encourage the young entrepreneurs. The activities planned by JU-YSBC include three main components and is expected to benefit 1 million beneficiaries in the next decade:
Swayam –to select, train, and skill the unemployed in various sectors
Nav-Udyog –to coach and finance entrepreneurs with innovative ideas that can utilize resources to solve social problems and promote social enterprises
Social Business Incubator –incubate and support social business startups to grow into SME’s.
Dr. Chenraj Roychand, President – Jain (Deemed-to-be University) quoted, “We have a set of possible ideas we wish to apply at the school and University levels, to boost the opportunities for budding entrepreneurs through this prestigious collaboration between Jain (Deemed-to-be University) and Yunus Social Business Center (YSBC). “
“This is the beginning of a relationship with the social business ideas and how to reach out to many particularly the young people. Our goal is to ensure that people see the options available to them to build a future” said, Prof. Muhammad Yunus.
Dr. Chenraj Roychand, President, Jain (Deemed-to-be University), Prof. Muhammad Yunus, Co-founder, Yunus Social Business, Prof. N V H Krishnan, Registrar, Jain (Deemed-to-be University) , Mr. Nayaz Ahmed, COO, JUincubator and Mr. Vishal C, Director, JGI Ventures were present during the event.