Venture Engine announces 2015 finalists

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Wrapping up a busy two weeks of workshop sessions in Finance, Law and Presentation skills, the 22 businesses that made it through the 2 minute pitch made their detailed business presentations on 5th of June to an experienced panel of investors. Identified as the Top Fundable Businesses the companies moving on to the finale are;

•     Do What We Did – Online Travel Social Media 
•     udio Book/ Infocom International -Digitizing Books in Audio Format
•     Yamu – Food Review App
•     Vending Machines – Retail/Non-Cash Payment Solutions 
•     GTC Campus – Online Education
•     Web Based Education – Online Education
•     Stripes & Checks – Custom Tailored Shirts
•     Gro Green – Organic Fertilizer
•     Mc Choice – Food/Instant Ready to Eat 
•     Cey Digital/ Law Envoy – IT/Legal
•     VDriver – Mobile App

The 11 companies will spend the next few weeks working with the LAN mentors to fine tune their business plans as they prepare to make their final pitch to a panel of local & international investors on the 23rd of June. 
“To-date we have funded 20 businesses and we are very positive about the potential in this year’s list of finalists. Even though 1st, 2nd and 3rd place are selected at the finale, the strength of the Venture Engine platform is that each of the 11 businesses stands the chance to receive the funding they are looking for from any of the investors present at the event. There is little doubt of the entrepreneurial potential in Sri Lanka and we are pleased to be part of empowering these budding businesses, “said Prajeeth Balasubramanium, Co-Founder of Blue Ocean Ventures.
Created by Blue Ocean Ventures and the Indian Angel Network, Venture Engine is sponsored by Expolanka PLC, Orion City & Dialog Axiata, with the Lankan Angel Network supporting the event as a strategic partner.
For more information on Venture Engine visit www.ventureengine.com