Mora Ventures is a platform focused to encourage budding Entrepreneurs of University of Moratuwa. Our focus is not limited to tech startups but all other business ideas, social innovations and products which can make a difference in the world.
This is different from a Hackathon, Mora Ventures is a long term programme for entrepreneurs with a continuous follow up mechanism that goes beyond pitching event.
Mora Venture 1.0 is the first segment with a Pitching challenge where winners received a cash prize of LKR 130,000 with no strings attached. This is focused on ideation stage startups.
After the pitch event there will be continuous follow ups and introductions to investors and experts. The competition will repeat every quarter.
Mora Ventures 2.0 (Q2) will focus on Prototypes and Build stage from end May 2017. This will be 2 months program with final pitch event in end July.
Mora Ventures 3.0 (Q3 and 4) will focus on launch and Growth stage startups in late Q3. The winners will get a chance to pitch their startups in front of a panel comprised of international level VCs / Angel Investors at the year end ‘Grand Pitch’ Event (Q4).
We are building a strong committed set of Mora entrepreneurs who can change Sri Lanka in next 10 years. Initially we will look at the commitment level and support a selected set of startups to reach the valuation of USD 1 Million by end 2018.
Our commitment does not end there. We shall strive till we find Sri Lanka’s first unicorn (USD 1 Billion Startup) by year 2027.