Sri Lanka’s Telecommunications Ministry to launch Incubator Programme for local start-ups

Sri Lanka’s Telecommunications Ministry to launch Incubator Programme for local start-ups

Sri Lanka’s Minister of Telecommunication and Digital Infrastructure Harin Fernando has said the Ministry is planning on launching an “Incubator Programme” next January in order to boost local start-ups.
“We secured a building at 5th Lane in Colpetty and plan to house 20 to 30 start-ups for a year free of charge,” Fernando has been quoted as saying to the media.
The Minister has reportedly made this comment on the sidelines of the launch of Huawei’s global CSR programme “Seeds for the Future.”
Commenting on Huawei’s approach with their CSR programme for the second year running, Fernando has said the initiative is another contribution to the ICT industry in Sri Lanka done by Huawei.
“Seeds for the Future” programme takes 10 students to China and Huawei hopes this trip will enhance students’ abilities to adapt to the ICT industry as they learn more about state-of-the-art technologies and skill.
The aim of the programme is to support local ICT talent by presenting them with full sponsorship from Huawei where 10 selected Sri Lankan students from universities will get the chance to visit China on an ICT and Chinese culture influenced study trip and that they’ll be able to identify the innovation needs of Sri Lankan market.
“We appreciate Huawei’s contribution for this great programme which benefits local communities, universities, students, and Sri Lankan ICT industry,” Fernando has said noting that with all such programmes the local youth has the potential to rock the region with technology.

OSL take:

The move by Sri Lanka’s Telecommunication and Digital Infrastructure Ministry to launch a programme to boost local start-ups would open the gates for many opportunities for local businesses.

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Article Code : VBS/AT/07112017/Z_5

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