SLT-MOBITEL, the National ICT, Telecommunications and Mobile Services Provider,unveiled its new groundbreaking initiative, the ‘Entrepreneurship Studio’ recently.
The programme is designed to provide an attractive opportunity for early-stage tech entrepreneurs to gain access to funding, mentoring and to building connections in the tech ecosystem, as they look to take their innovationsto the next level.
Prospective candidateswill be screened and selected to participate in a 12-16 week mentoring programme through a series of preparatory activities including training sessions, mentorship, coaching, workshops and boot-camps.
These participantswill reap the benefits of the programme through knowledge and skills in advisory co-development, investment acquisition, and provided assistance to commercialize their technological solutions and support for setting up infrastructure.
The entrepreneurs will also be mentored in building business models around their technology, access to meet and build a network of investors, opportunities to pilot with selected customers and receive regulatory support for assistance in obtaining regulatory conformances such as IP rights, etc. A maximum often selected start-ups will receive upto LKR one million in funding.
The programme will include a Demo Day, where all selectedstart-ups will present their businesses to a panel of tech industry leaders, future investors and potential acquirers.
As the national ICT and telecommunications service provider, SLT-MOBITEL is committed to developing the digital infrastructure in Sri Lanka. Through the launching of the novel Entrepreneurship Studio programme,SLT-MOBITELis building a strong eco-system for nurturing innovation and start-ups in the country to drive sustainable economic growth andthe elevation of tech entrepreneurs towardsgreater success.
The programme seeks to support these budding entrepreneurs and unconventional thinkers, who will be given the impetus to build innovative products, solutions and scalable enterprises and benefit from access to financing, partnerships, and talent towards future wealth creation. They will also be showcased as role models, purposeful and responsible in their socio-economic impact inspiring future generations.