Macubator by Guardian Angels Fund empowers aspiring entrepreneurs to launch innovative start-ups

Head table from left: Management Trainee Ashan Fernando, Group Director and Regional Director Freight and Logistics Gayan Maddumarachchi, Managing Director Andre Fernando, Group Director and Chief Financial Officer Tilak Gunawardana and General Manager Contract, Project Logistics and Digital Transformation Danushka Jayasinghe 
PIC BY PRADEEP PATHIRANA

Boosting innovation and fuelling business acumen, Macubator, the external accelerator by MAC Holdings (Pvt.) Ltd, offers an exciting platform to give wing to the start-up ambitions of aspiring entrepreneurs and university students. 
Macubator by the Guardian Angels Fund is supported by a diverse panel of industry experts and knowledge partners from Sri Lanka Association for Software Services Companies (SLASSCOM), Sri Lanka Technological Campus (SLTC) Research and Innovation, Alumni Association of Tourism Economics and Hospitality Management – Faculty of Arts, University of Colombo and NSBM Green University, all of whom are united in their mission to foster the growth of Sri Lanka’s thriving start-up ecosystem. 

Moreover, MAC has established ties with the Transport Management and Logistics Engineering Department at the University of Moratuwa for collaborative initiatives focused on students.
Backed by the Guardian Angels Fund, the principal venture capital fund of MAC Holdings (Pvt.) Ltd serves as the flagship entity within the MAC Innovation and Startup Accelerator Initiative. Macubator is a sustainable investment fund, which connects aspiring entrepreneurs and knowledge partners. 

The winners of this empowering programme will receive financial support for their start-ups along with global business exposure for their innovations, a truly winning combination. 
Commenting on the initiative, MAC Managing Director Andre Fernando said, “Macubator was conceptualised to create awareness and reach new potential entrepreneurs and new idea generators with a platform that strengthens the start-up ecosystem in Sri Lanka and the Indian sub-continent. This initiative facilitates collaboration between MAC and the start-up ecosystem to support individuals who are brimming with promising new ideas but face limited financial resources to commercialise their ideas.” 

“This empowering programme serves as a robust funding platform that not only extends seed funding but also offers invaluable mentorship and the potential for market access. We are expecting an overwhelming response to this initiative from aspiring entrepreneurs. MAC is also open to investor partnerships for similar programmes internationally and requests any company or individual interested to reach out to me. We intend to develop a cross continent talent pool of entrepreneurs and harness the potential of each country or region for the betterment of society,” he added.