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Georgia Tech graduate promised to pay for startup registration for each graduate

Speaking at the graduation ceremony at the Georgia Institute of Technology (Georgia Tech), graduate and well-known entrepreneur Christopher Klaus promised to cover the costs of registering a startup for every university graduate who decided to start his own company.

Georgia Tech graduate promised to pay for startup registration for each graduate

Klaus, who is the founder of the Fusen startup and co-founder of the CREATE-X entrepreneurship program, stressed that his initiative is aimed at supporting start-up entrepreneurs and stimulating innovation. According to him, it is not only about financial assistance, but also about expressing faith in the potential of each graduate. "Every founder needs someone who believed in them from the very beginning," he said.

It costs about $100 to register a company in the state of Georgia. According to Klaus, this seemingly small contribution can be a significant obstacle for young entrepreneurs taking their first steps in business. Georgia Tech has been actively developing the entrepreneurial ecosystem for many years, collaborating with developers to create the Tech Square innovation center, combining offices, laboratories and residential premises. This cooperation helps strengthen the university's ties with business and creates a favorable environment for the development of startups.

This year, Georgia Tech recorded a record number of applications for admission, which indicates the growing popularity of the university and its attractiveness to talented students. Christopher Klaus was awarded an honorary PhD for his contribution to the development of entrepreneurship and student support.

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