Creativity, Unleashed.

Business Spark

Fueling Startups, Igniting Futures.

Organized by Rotaract Club of University of Colombo Faculty of Management and Finance in collaboration with MiddleWay Ventures (Pvt) Ltd & Career Guidance Unit.

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Business Spark

Are you ready to turn your innovative business idea into reality? Business Spark is the ultimate platform for aspiring entrepreneurs, providing a stage to showcase groundbreaking ideas, receive expert mentorship, and compete for incredible opportunities.

Business Spark

What Are We Looking For?

Conceptual or seed stage business ideas

We are looking for early-stage concepts or seed-level businesses with strong potential to grow and scale.

Based in Sri Lankan markets

The business must be operated from Sri Lanka and contribute to the local entrepreneurial ecosystem.

Young founders under 30 years of age

We encourage applications from young entrepreneurs under the age of 30 who show passion and commitment.

LKR 1M Revenue Potential

The business should demonstrate the ability to reach an annual revenue of LKR 1 million within 3–5 years.

Low Initial Capital

The initial capital requirement should be below LKR 2 million to ensure feasibility and sustainability.

What Do We Offer?

2-20-2 growth formula

LKR 2 Million in seed investments for a 20% share of equity in the business and a Royalty fee of 2% of total sales for the first three years.

And More

Free Company Registration

Cover all administrative and legal costs associated with the business registration process.

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Launch Support

Liaise with government agencies and other service providers to accelerate the business launch.

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Administrative Assistance

Support key operations, including workflow, HR, and income-expense management.

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Advisory & Consultancy

Guide and mentor founders to face business challenges and drive sustainable growth.

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Networking Opportunities

Connect startups with new investors, mentors, and partners to expand and scale.

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Are we seeking innovative startups?

Yes and No. While innovative ideas will certainly catch our interest, we are equally open to traditional business models, provided they are simple and feasible.

Business Spark 1.0

Top 4 Feedback

1st Place - Winner

Winning Business Spark 2025 transformed my early idea into a thriving startup. The competition provided essential mentorship, hands-on resources, and a powerful network, giving me the clarity and confidence to launch and grow. It wasn't just a win—it was a launchpad.If you have a vision, Business Spark can be your catalyst. Don't miss this chance to turn your spark into a lasting flame. Apply now and build your future

Chandrakumar Sanushan Winner, Business Spark Competition 2025

2nd Runner-Up

Business Spark was a truly enriching experience that played a significant role in shaping my entrepreneurial journey. As the Second Runner-Up of Business Spark 2025, the competition gave me a valuable platform to present my business ideas, refine my strategic thinking, and gain practical exposure beyond academic learning. The guidance provided by industry professionals and the structured mentorship sessions helped me understand real-world business challenges, sharpen my decision-making skills, and build confidence as a young entrepreneur.

Thiruni Walpola 2nd Runner-Up, Business Spark Competition 2025

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Our awards

At the 35th Rotaract District Assembly, Business Spark was proudly recognized for its impact and innovation, earning two prestigious district awards. The project received the Bronze Award for Most Innovative Project and the Silver Award for Most Innovative Professional Development Initiative of the Year.

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