Hemas-Hatch Slingshot Accelerator second iteration to propel Sri Lankan start-ups

Hemas, in collaboration with Hatch, announced the second iteration of the Hemas x Hatch Slingshot programme. 
Following on from the success of this Accelerator Programme in 2023, where Hemas supported 25 start-ups and accelerated eight start-ups through an intense, high-quality programme delivered by Hatch, Slingshot 2.0, aims to support a further 25 start-ups in the sectors of EdTech, FMCG, healthcare and logistics, fostering innovation and contributing to the growth of the Sri Lankan economy.

As a diversified corporation with a rich history of growth, Hemas Group recognises the paramount importance of innovation in achieving sustained success within a dynamic business environment. In line with this commitment, Hemas has set a goal to support 75 start-ups as part of their 75th-year anniversary celebrations in 2023. This initiative aims to nurture the growth of these promising start-ups and ensure they become significant contributors to the Sri Lankan economy. 

The Hemas x Hatch Slingshot Programme is designed to create mutual benefits for all stakeholders involved. 
Hemas Holdings PLC Chief Strategy and Growth Officer Rizny Faisal stated, “By providing targeted support to high-growth start-ups in key sectors like EdTech, FMCG, healthcare and logistics, we aim to cultivate innovation that addresses critical challenges and unlocks new opportunities.”

Hatch Works (Pvt.) Ltd CEO Mevan Peiris added, “With Slingshot 2.0, we aim to further strengthen the start-up ecosystem by providing the necessary support and resources to help these businesses move to the next phase of growth.”

Applications for the Hemas x Hatch Slingshot 2.0 Accelerator Programme are now open. Interested start-ups can apply through the official website www.slingshot.lk 

The programme will involve a rigorous selection process to identify start-ups with the highest potential for growth and impact.

Through initiatives like the Hemas x Hatch Slingshot 2.0 Accelerator Programme, Hemas Group and Hatch are dedicated to creating a thriving entrepreneurial ecosystem in Sri Lanka. This commitment to innovation and support for start-ups underscores their shared vision of driving sustainable economic growth and development in the country.