Charitable Foundation

Marius Jakulis Jason Foundation (MJJ Fund)

Investment Details

Investor Type
Charitable Foundation

Asset Class Focus
Venture Capital, Private Equity

Stage Focus
Seed, Early Stage

Geographical Focus
Lithuania

Industries Focus

  • Technology
  • Healthcare
  • Real Estate
  • Education
  • Hospitality

Investor Details Founded: 2019

The Marius Jakulis Jason Foundation (MJJ Fund) is a Lithuanian non-profit organization established in 2019 by entrepreneur and philanthropist Marius Jakulis Jason. The foundation aims to contribute to Lithuania's economic growth by providing financial support and mentorship to talented individuals in business, academia, and research. It focuses on three main areas: BUSINESS, KNOWLEDGE, and SCIENCE, allocating 10% of its annual worth, currently €7 million, to these sectors.

In the BUSINESS sector, the foundation offers financial assistance and mentoring to individuals seeking to start businesses in Lithuania. Applicants are required to have sufficient capital or investment from another source to match the amount requested from the foundation. Additionally, a network of mentors is established to ensure the success of these ventures. In the KNOWLEDGE sector, the foundation provides grants for master's studies at top universities worldwide, aiming to attract active and talented Lithuanians who can return and share their expertise to create a better future for Lithuania.

The SCIENCE sector focuses on supporting researchers who have defended their doctoral studies abroad and wish to continue their innovative research in Lithuania. The foundation has awarded grants to several researchers, enabling them to join Lithuanian universities and contribute to the country's scientific development. Through these initiatives, the MJJ Fund plays a significant role in fostering innovation, education, and economic growth in Lithuania.

Requirements
  • Applicants must have sufficient capital or investment from another source to match the amount requested from the foundation.
Contact

[Official Website Hidden]

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Portfolio Companies
  • ThermoPharma
  • Randu
  • Vilnius Business College
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