National Startup Challenge is Venture Frontier Lanka’s latest initiative in entrepreneurship. Its aim is to take startup development training in Sri Lanka to the next level, by bringing together speakers and mentors from around the world to share their experience in international expansion, scaling up, exponential growth, pitching to investors, how and where to get funding.
Venture Frontier Lanka is looking for the most competitive 30 startups, that are interested in scaling their business nationally or internationally. All the participants will pitch in front of Sri Lankan and international judges, with the 6 best startups (5 selected by the Judges and 1 by the community) to pitch in a PitchDay public event at the event finale
Entrepreneurs interested in the topics and who believe their startup has what it takes are invited to apply by 31st October (next Wednesday) by filling out the online application form: tinyurl.com/NationalStartupChallenge. The National Startup Challenge takes place over 2 days (10-11th November), at the Dialog Axiata Auditorium.
Local and international speakers confirmed their attendance
Venture Frontier Lanka and OviBees Ventures are reaching out to bring know-how from around the world to Sri Lanka and in doing so, are looking to get international experts from every continent. At their previous initiative, the Startup Boot Camps, there were speakers from South Africa, the United States, South Korea, and Germany.
At the National Startup Challenge, you’ll find influential speakers from Indonesia, Israel and the United States: meet Andreas Senjaya, Co-founder and CEO of iGrow, Avishag Bohbot, Founder of WESURF Project, Jim Bagnola, President of The Leadership Group. The local perspective on entrepreneurship and scaling is also represented by Mano Sekaram, CEO and Co-Founder of 99X Technology, Founder of Startup X Foundry and Chairman of Lanka Angel Network and other speakers that are going to be announced soon.
Top 3 reasons to apply for the National Startup Challenge, as suggested by the people at Venture Frontier Lanka
Learn how to get big
Whether you are a long time supporter of entrepreneurship or you just started, there is a lot to learn once joining the journey. You will access practical knowledge shared by serial entrepreneurs or investors who know what it means to grow a business, especially in a competitive international environment. At this event, you can put your skills to the test, learn and exchange info with peers and experts. Mentorship is a big part of the experience but that is not all there is.
Extend your network
Networking is crucial to startup success and to get the word out about it. You have the chance to build strong relationships with other top entrepreneurs, as potential partners, clients, vendors – or friends – but you also get to know the speakers and mentors better and discuss topics that have been puzzling you lately.
Pitch your idea
This is a tremendous part in the life of almost all entrepreneurs and perhaps one of the scariest ones. Have you ever wondered how successful business people have done it? The answer is at hand: BY DOING! Practice is everything – you are becoming better and better at it after every public pitch. Take this as a great chance to improve your public skills, to test your idea, to see how it is received by others, to recognize its weak sides and strong sides, and to get feedback on it from our judges. There is no further need to mention how important it is for all startup owners to make their presentations appeal to potential investors, partners and other important actors of the startup scene.
Participation is limited to the most promising startup.
Deadline for applying to the National Startup Challenge is 31st October (next Wednesday)
Application Form: tinyurl.com/NationalStartupChallenge.
Main Partners: Sri Lanka Export Development Board, LOLC, Daily FT
Technology Partner: Dialog Ideamart
Digital Media Partner: ReadMe
Media Partners: Jump.lk, Hackathons.lk, Sustainable Education Foundation – SEF, Advisor.lk, AIESEC
For further information follow the initiative on social channels:
Venture Frontier Lanka is Sri Lanka’s first entrepreneurship platform focused on the development of the complete startup lifecycle. Venture Frontier Lanka identifies the next generation of technology entrepreneurs in Sri Lanka and supports them through entrepreneurship capacity building activities that provide: skills development; networking; and international exposure and seed funding.
OviBees Ventures is a forward-looking team, and venture accelerator specialized in globalizing the most promising early-stage tech startups and in designing and implementing integrated entrepreneurship platforms. OviBees Ventures envisions a more prosperous world through leapfrogging entrepreneurship, meaningful partnerships and inspiring stories of impact.
Venture Frontier Lanka is a program of OviBees Ventures launched in Sri Lanka in March 2018 and founded by both Ovidiu Bujorean and Heminda Jayaweera. Venture Frontier Lanka organized already a series of entrepreneurial events since March, such as two Startup Boot Camps in Colombo and Jaffna, a National Ideation Broadcast, a bi-weekly Webinar Series and two Entrepreneurship Caravans in Galle and Kandy.