Venture Engine 2021 applications to close on October 22

Sri Lanka’s pioneering startup acceleration programme Venture Engine will soon wrap up its submissions phase, with applications set to close on October 22, 2021.

This date is fast approaching, so don’t miss out on the chance to participate in 2021’s programme, which will help start-ups immensely in accelerating during these unprecedented times.

Geared toward Seed and Growth stage start-ups that are interested in scaling, the Venture Engine programme is also open to entrepreneurs opting to submit new, early-stage business ideas, with huge addressable markets. Visit www.ventureengine.lk to learn more about the application process.

Founded by BOV Capital and the Indian Angel Network, Venture Engine is partnered by the Lankan Angel Network (LAN), with the Ford Foundation being the programme’s Platinum Sponsor in 2021.

Held over October, November and December 2021 and providing the much-needed support for the local start-up sector during this pandemic, Venture Engine returns for its 10th year, with plans to help innovative and scalable start-ups solve a genuine pain point.

This year’s Venture Engine programme will, for the fourth time, offer up a very special Impact Entrepreneurship Award that highlights for-profit social enterprises. This initiative is once again being promoted by Indian venture capital firm Aavishkaar, a Gold Sponsor for Venture Engine 2021. Other sponsors and partners for 2021 include ICTA, SL@100, Council for Startups, SLASSCOM, HATCH, Dialog Axiata PLC, KPMG, PWC, AOD, Shift and CPP.

Following the closing of the Venture Engine 2021 application process, selected participants will go through several rounds of filtering and workshops, during which they will pitch their ideas to a panel of investors and domain experts.