Visnum Startup Incubator was founded in 2005 and pioneered the cause for incubation of the business startups for local entrepreneurs in the state of Goa. The social and economic development of the state of Goa through incubation of business enterprises created employment and jobs and bridged the gap between the industry and academia and is the first and foremost kind in the state of Goa. The initiative was lauded by Goa Chamber of Commerce under leadership of Chamber President Raikar in 2006 in scope with coherent bifocal strategy to establish G. A. I. N. and Goa IT Innovation Center at Verna Electronic City.

04 JAN 2012 Meeting of Managing Committee GCCI Meeting of Managing Committee was held at GCCI Conference room. Meeting with Goa Angels Investment Network.The first governing Board meeting of the Goa Angels Investment Network was held on 4 January 2012.  It was resolved that Mr Govindraj Dempo will be the Chairman and Mr Manguirish N. Pai Raikar will be the Dy Chairman and Dale Menezes will be the Member Secretary.The Board also deliberated on the constitution of GAIN and decided to make it a body which will seamlessly provide support in terms of finance and mentoring to deserving entrepreneurs specially from the state of Goa. Goa IT Innovation Center Verna Electronic City The foundation of the IT & Innovation Incubation Center at Verna Electronic City for Startups was further incubated and inaugurated Chief Minister of Goa and Goa Chamber of Commerce & Industry