Spiralation

Eligibility Criteria

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Eligibility Criteria

  • Only the startups that are listed in StartupSL Platform (www.startupsl.lk) will be considered for Spiralation.
  • New startups (registered or looking to register) and registered companies that are less than 3 years (calculated as of application date) in existence are eligible to apply.
  • All information provided in the application should be accurate. In case any misrepresentation or wrong information is provided, the proposal shall be liable for rejection.
  • All applications should be submitted in English. The language must be simple, clear and to the point.
  • Handwritten proposals will not be accepted.
  • All applications should be submitted through the registration form in spiralation.com. Applications submitted in any other method will not be accepted. (Note: As this form contains file uploads, it’s advisable to use laptop/desktop than a mobile device)
  • Selections will be based on a 3 stage evaluation process as follows.
    • Stage 1 – Application shortlisting
    • Stage 2 – Business and Technical pitching
  • After a detailed evaluation of the proposal, the proposals with the highest scores in pre-determined criteria will be awarded the grant.
  • After award, all selected applicants will require to carry out an incorporation of their company. A confirmation of work which details a full project plan (including Gantt chart of implementation activities and post-implementation monitoring and evaluation) has to be submitted to ICTA. The reimbursements will be disbursed according to agreed project milestones extracted from this project plan.

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