Regenesys Foundation has announced plans to offer a N4 billion lockdown education support initiative to new students who wish to register for online qualifications into the Regenesys Business School.
The Foundation pledged to support 500 students with 60 per cent of their school fees.
It, however, confirmed that the offer will commence this month and last till August 1, 2020.
The plan was disclosed in a statement on Wednesday June 10, 2020, by the spokesperson and representative of the school in Nigeria, Mr. Kiri Tamuno.
He said, the N4 billion school support initiative aimed at supporting disadvantaged youth who are in need of higher education in Nigeria.
“We wish to help those affected by pay cuts and job losses to develop a competitive edge or to start their own new ventures so that they bounce back from the pandemic,” Tanumo said.
Tanumo noted that students from Africa who qualify to enter into the school’s MBA, Bachelors, postgraduate diplomas and certificate programme will be allocated places on a first-come-first-served basis.
He further stated that, the Regenesys community of alumni, students, faculty and friends from 20 countries had worked hard to make the initiative possible.
Most of them according to Tamuno, have pledged supports ranging from financial contributions and salary sacrifices.
In addition, contributions in kind. All these through lecturing, tutoring, assessment, research supervision, mentoring and coaching.
The Regenesys Foundation is a registered non-profit organisation based in South Africa.
According to Tamuno, the core objectives of the foundation are provision of free online business education to people across the world. It will help in developing entrepreneurial skills and culture.
Other objectives include provision of bursaries and study loans to deserving and financially disadvantaged students.
Also, provision of research grants to Regenesys Business School to undertake strategic research, knowledge development, learning programmes development and innovation.
These are all within the context of a rapidly changing digital economy.