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Sri Lanka’s Foremost Startup Competition
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2020 – Achievements

By mhadminAugust 25, 2021

1000+ startups, Rs. 2 Bn+ funding into 35 startups; 100+ global investors.

2019 – FF Grant

By mhadminAugust 25, 2021

Won Ford Foundation grant for ecosystem development based on VE concept.

2018 – Partnerships

By mhadminAugust 25, 2021

Partnerships were strengthened (Microsoft, Yarl Geek Challenge and other ecosystem partners).

2016 – 1st Impact Award

By mhadminAugust 25, 2021

First Impact award by Aavishkar Frontier Fund; Won the Asia Responsibility Award in Hong Kong.

2017 – ABAF

By mhadminAugust 25, 2021

Part of ABAF Sri Lanka program.

2015 – 1st win

By mhadminAugust 25, 2021

Attendance of 25+ global investors; Won Asian Business Angels (ABAF) pitch in New Zealand, modeled around VE.

2014 – Indian Startup

By mhadminAugust 25, 2021

1st Indian company (Intellocut) to win the VE; Exited in 2018.

2013 – Funding

By mhadminAugust 25, 2021

Rs. 150 million of funding into 13 startups. IAN co-invested.

2012 – Structure

By mhadminAugust 25, 2021

VE structure formed in partnership with Indian Angel Network (IAN).

2011 – Concept

By mhadminAugust 25, 2021

Venture Engine (VE) conceptualized.

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Applications for the 2021/22 cohort is closed. Please see for updates on the next venture engine program close to the end of 2022.

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Program Dates

Date

Event

Location

28th Sep 2021

8th Venture Engine Launch

Hatch Auditorium

12th Nov 2021

Closing of Submissions

16th Nov 2021

02 Min pitch

Hatch Boardroom

23rd Nov 2021

Workshop 1: Business Plan & Branding

Virtual

26th Nov 2021

Workshop 2: Due Diligence

Virtual

1st Dec 2021

Workshop 3: Finance Planning

Virtual

6th Dec 2021

Round 1 Presentations

Hatch Boardroom

10th Dec 2021

Workshop 4: Start-up Funding Cycle & Valuations

Virtual

14th Dec 2021

Workshop 5: Go to Market & Value Proposition

Virtual

7th Jan 2022

Workshop 6: Shareholder Agreement & Good Governance

26th Jan 2022

Round 2 :Presentations

Hatch Boardroom

23rd Feb 2022

Venture Engine Finale Presentations

Hatch Auditorium

Venture Engine Awards & Cocktails


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