14.03.2012 in CSR by admin 0

Enabling Entrepreneurship: Dare to Do with Venture Engine

venture-engine

We at Expolanka Holdings PLC, along with Dialog Axiata, are proud to be an enabler of Venture Engine.

This is a unique project that has been introduced to Sri Lanka by Blue Ocean Ventures and theIndian Angel Network, which is aimed at creating real opportunity for Sri Lankan Entrepreneurs.

 

Beginning as a single store in the 1970’s, today, Expolanka Holdings is one of Sri Lanka’s finest enterprises having made its mark around the Globe and across industries with 46 companies in 11 countries. Expolanka is always looking to empower budding entrepreneurs who encapsulate the dare-to-do spirit that is part of our DNA. We understand that timely assistance can make all the difference between success and failure and this is why we felt Venture Engine was the ideal project for us to support to make a difference in the lives of people with great ideas and great potential. - Group CEO of Expolanka, Mr. Hanif Yusoof

Venture Engine creates a platform for entrepreneurs to pitch their ideas directly to potential investors while receiving comprehensive mentoring. Each entrepreneur shortlisted from the main submissions is offered a host of benefits few in the business world would ever achieve in such a rapid succession. These are:
• Valuable insight into business planning
• Mentoring on creating a successful business plan to gain funding
• Access to a series of high profile potential investors
• Networking with successful entrepreneurs
• Mentoring by successful and experienced professionals
• Comprehensive feedback on their business models and modus operandi
• Access to members of the private equity community
• Broad media exposure and PR buzz
Not only are local business people given the unique opportunity to participate in these sessions and gain insight from regional industry heavyweights, but as part of this programme they also get to propose their ideas before a panel of potential investors. This not only offers insight into their pitch but possibly also attract the capital and partners required to jumpstart their businesses.

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At Expolanka, we would like to thank Blue Ocean Ventures and the Indian Angel Network for organising this progamme and the other sponsors who have joined us in this noble venture. We believe this is just the beginning of a great partnership of likeminded people and look forward to see many budding Sri Lankan entrepreneurs taking part and realising their dream in the near future with a Dare-to-do spirit!

For those who wish to participate details, of the project and application process are available on the project website www.ventureengine.lk. Application assistance can also be obtained by sending in inquiries to inquiries@ventureengine.lk or via the SMS line +94 770770699.

Submissions close on the 6th of May 2012.

We wish all the entrants the very best of luck and hope the “Dare to Do” spirit inspires them!

 

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