Why The Scale Up Shop?
Sri Lanka’s food and agriculture industry needs innovative solutions that go beyond focusing solely on individual ingredients. To enhance the value chain and promote growth in the export market, it is crucial to transform talented local innovators’ ideas into scalable commercial products. This collaborative initiative aims to ignite innovation in Sri Lanka’s manufacturing and export sector by connecting local innovators with manufacturers seeking to expand their product portfolios and venture into international markets. The program fosters collaboration, builds partnerships, and expands Sri Lanka’s global footprint.
What will it achieve?
The primary objective of the Scale Up Shop program is to empower innovators by equipping them with the necessary skills and support to attract potential investors and propel their ventures to new heights. Through targeted training, mentorship, and networking opportunities, innovators will gain the knowledge and connections needed to showcase their products and secure vital funding for their intellectual property at the Demo Day—an essential milestone for future success in the market.
After calling for applications from interested parties and through a rigorous screening process, the expert panel comprising of food and agri industry veterans were able to select 10 inventive agripreneurs. Applications underwent a comprehensive evaluation process, considering multiple criteria such as the uniqueness of the concept, its market viability, feasibility, scalability, and the potential influence it may have on the food and agriculture sector.
