Incubator Space – University Business Linkage Cell

Incubator Space

Our Incubator space is designed to help startups and entrepreneurs transform their ideas into impactful businesses. With a focus on innovation, collaboration, and growth, we provide everything you need to accelerate your journey from concept to market.

What We Offer

Our incubator provides a supportive environment to help startups grow and thrive. Here’s what you can expect:

Workspaces Designed for Innovation

Dedicated cubicles furnished for individual startups, ensuring a properworkspace.

Facilitation of access to Resources:

University resources, such as labs and expertise, based on availability and requirements.

Meeting Spaces and Boardroom

Available within the premises for meetings with external stakeholders and collaborators.

Pantry Area

An equipped pantry with basic facilities for your convenience.

Mentorship and Guidance

One-on-one sessions (at least one session) to assist your needs, offering expert advice and support to overcome challenges.

Workshops and Training

Sessions organized by the Enterprise or linked to the available external programs to gain essential skills in business planning, funding strategies, marketing, and more through hands-on sessions.

Networking Opportunities

Build connections with investors, industry collaborators, and fellow startups within a vibrant ecosystem.

Supportive Community

Be part of a dynamic environment with like-minded innovators, fostering collaboration and growth.

Who Can Apply?

Our incubator welcomes:

University-Affiliated Startups:

Students, researchers, and faculty entrepreneurs.

Early-Stage Businesses:

Startups with innovative ideas and high growth potential, including non-University of Moratuwa (UoM) personnel.

Technology-Driven Ventures:

Companies working on impactful, industry-relevant technologies.

Spin-In Companies:

External startups interested in leveraging the university’s resources and ecosystem.

Ready to accelerate your startup journey? [Apply Now]!

How to Secure a Space in the University Incubator?

The Enterprise Incubation at the Technology Transfer Office (TTO) provides a space for startups to transform innovative ideas into market-ready solutions. Below is the step-by-step process for secure the space in university incubator.

01. Startup Application & Submission

To apply for incubation, startups must submit the following documents to the Enterprise:

• Invention Disclosure Form (IDF)
• Business Model (or business canvas) & Milestone Plan outlining your growth strategy
• Pitch Deck (PPT) with a brief introduction to your startup and team
• Contact Details for follow-up communication

You can send the required documents via email to enterprise@uom.lk or hand them over in person at The Enterprise Office, located in the Career Guidance Building next to the University Library.
Upon submission, the Enterprise will review your application and schedule a short interview to assess your startup’s readiness.
The Enterprise will reach out to you. Please ensure you provide a valid and reachable phone number for communication.

02. Evaluation & Selection Process

Review by External Experts: An Enterprise Operating Committee (EOC), including external members, will assist in evaluating your startup.

Company-Registered Startups Preferred: While all startups are encouraged to apply, preference is given to those already registered as companies.

Two-Round Evaluation for Non-Registered Startups: If your company is not yet formally registered, your startup will undergo a two-stage evaluation before final selection.

03. Startup Agreement & Incubation Duration

Incubation Space Allocation: Selection follows a first-come, first-served basis, subject to availability.

Signing the Startup Agreement: Startups must sign the Startup Agreement, which requires company registration.

Initial Incubation Period: The maximum incubation period is two years, with a possible one- year extension (upon written request and evaluation by an external panel).

For Pre-Registered Startups: Startups that have not yet registered their company can sign an Incubator Agreement (valid for one year). Within this period, they are expected to complete the registration process to transition into the full Startup Agreement.

04. Performance Monitoring & Milestone Updates

Quarterly Performance Reviews: Startups must participate in mandatory quarterly evaluations to assess progress based on the milestones submitted at the time of application.

Milestone Adjustments: If there are any changes to the milestone plan, the startup team must formally notify the Enterprise.

Biannual Reviews for Pre-Registered Startups: For startups under the Incubator Agreement, the Enterprise will conduct biannual reviews in the first year to track progress and provide necessary support.

Take the First Step: Join our incubator and access the space, expertise, and community needed to bring your ideas to life. [Apply Now] or [Contact Us] to learn more!