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Funding Assistance
At the Enterprise, we understand that securing funding is a crucial step for transforming innovative ideas into successful products. We offer two types of funding support to help startups and entrepreneurs at different stages of their development.
Short-Term Funding

Short-term funding is designed to help you enhance your prototype and bring it to a stage where it can attract potential investors.
The funding will support projects at Technology Readiness Levels (TRL) 3 or 4, helping you advance your product to TRL 5 or 6.

Purpose:
  • Improve your prototype to make it investor-ready.
  • Achieve key milestones in product development.
  • Reach TRL 5 or 6 to demonstrate market viability.

    • Availability:

  • Currently, we do not have short-term funding available.
  • When funding opportunities become available, a public announcement will be made.
  • A stringent evaluation will be carried out prior to the disbursement of any funds.
  • A strong commitment is required, and an agreement will be signed with the university.
    • Agreement:
  • A formal agreement will be signed with all the selected startups outlining the terms and milestones for the funding.
    • Seed Funding

    Seed funding provides financial support to help high-potential prototypes transition into marketable products. This funding is aimed at sustaining the development of promising technologies and ensuring they meet critical market feasibility standards.

    Purpose:
  • Support the transformation of lab prototypes into viable, market-ready products.
  • Evaluate the feasibility of the product through a critical reviewing process and feedback.

    • Process:

  • The funding process will involve multiple evaluation rounds to assess the product’s potential.
  • Milestone criteria will be applied to review and track progress, ensuring continuous development.
    • Availability:
  • Priliminary work on the pre-seed fund is currently in progress.
  • The Enterprise will support potential startups.
    • Linking with External Funding Partners
    In addition to our internal funding programs, we can connect your team with external funding sources. This includes introducing you to funding agencies and potential industry partners who can offer additional financial support.
    Partners working with us
    In addition to our internal funding programs, we can connect your team with external funding sources. This includes introducing you to funding agencies and potential industry partners who can offer additional financial support.
    Lankan Angel Network
    Global Entrepreneurship Week
    Startup SL
    Sri Lanka Investment Network

    Stay Updated!
    We actively publish funding opportunities, pitching events, and other related events on our website.
    Be sure to check regularly for the latest updates and opportunities to secure funding for your startup.

    Contact Us

    Call:
    +94 112640051 Ext: 1886

    Email:
    enterprise@uom.lk

    Address: Enterprise, University of Moratuwa, Katubadda, Moratuwa. 10400
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