Three Sri Lankan startups shortlisted for Helsinki Accelerator event

ECONOMYNEXT – Three Sri Lankan startups have been shortlisted to take part in the Slush Global Impact Accelerator program in Helsinki aimed to support entrepreneurs and help them attract additional investment funding.

The startups, NicNac, HypeHash and PulzSolutions, were chosen from a total of 22 applicants in the local leg of the SLUSH Global impact accelerator 2016 competition to select the best Sri Lankan startups.

They will go on to take part at the international event to be held in Helsinki, Finland from November 22 to December 2, 2016, said a statement from PwC Sri Lanka, appointed by SLUSH Global as the exclusive hub manager for the SLUSH Sri Lanka event.

The Sri Lankan leg of the competition was held on September 14, 2016 by PwC Sri Lanka and SLASSCOM (Sri Lanka Association for Software and Services Companies) to introduce Sri Lanka to Europe’s largest annual startup and technology event, SLUSH.

The startups were selected based on their individual and unique business concepts with the main criteria being that the startup have a measurable positive impact on people, society or planet, and with the concept having the potential to scale and drive to succeed, the statement said.

“The local leg of the competition is seen as an important platform to help local startups progress to a global level. In 2015, SLUSH brought together 15,000 participants from 100 countries in Helsinki helping startups connect with top-tier international investors, executives, and media.”

“Slush Global Impact Accelerator 2016 brings entrepreneurs from emerging markets to Helsinki to accelerate their business, attract additional financing and make an even greater impact on their societies and beyond,” according to the event organisers.

The program includes online pre-event coaching and Helsinki boot camp program from November 22–December 2, 2016 culminating in Slush, created in collaboration with the Ministry for Foreign Affairs of Finland and multiple partners globally.

It aims to create a leading global accelerator to support startups that are looking to solve some of the most pressing global challenges and contributing to the discussion on impact investing.
(COLOMBO, Oct 04, 2016)
 

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