Business
A first for Sri Lanka and South Asia: Hatch awarded best co-working space in the world
Hatch, a Sri Lankan co-working space, startup incubator and accelerator was awarded The Best Co-Working Space in the world at the Global Startup Awards 2021. This is the first time a Sri Lankan or a South Asian organization has secured a win in this category, marking a momentous milestone for Sri Lanka’s startup ecosystem.
The award for best co-working space acknowledges a “co-working space that deserves the recognition of its services, support and resources to fast-growth startups, and for creating a culture and environment that fosters innovation and focuses on positively impacting the world.”
Hatch was selected from two rounds on a regional and global level from more than 18,000 nominees. To secure the coveted final win, Hatch won against five world-class global finalists who had been awarded regionally. The Global Startup Awards seeks to recognise the “future-shapers” of the world and has awarded companies like UiPath, Zendesk, Supercell, Turbine and Grab over the last decade.
For Hatch, the global accolade is a welcome validation of their work over the years. “We are thankful that within just three short years, our vision and efforts to be a platform for entrepreneurship and innovation is recognised on a global stage. This is a reflection of the evolution, phenomenal growth and capacity of South Asia’s ecosystem of startups. We’re excited to show the world that the emerging startup ecosystem in Sri Lanka is advanced, powerful, and is fostering the next generation of startups. The strength and resilience of any ecosystem lie with its community – our sincere appreciation goes out to all our partners, mentors and supporters who have contributed towards forging this vibrant ecosystem and placing Sri Lanka firmly on the map. Despite the challenges of the past years, we are hopeful for our journey ahead,” said Brindha Selvadurai-Gnanam, CEO and Co-Founder of Hatch.
With locations in Colombo 01 and Jaffna, what sets Hatch apart is its commitment to offering much more than physical space. Since its inception in 2018, Hatch has worked to nurture startups and offer a vibrant atmosphere in which entrepreneurs and disruptive organisations can thrive. With hybrid working options for corporates, SMEs and startups, Hatch’s spaces and facilities are designed to enable effective co-working and collaboration with an emphasis on user-friendliness and creativity. It has created positive impact and knowledge sharing through seven pioneering programs – Kickass, Green Energy Champion and HatchX FinTech to name a few. These bespoke programs are built with a deep understanding of the current needs of each startup and provide them access to local and international resources, networks and capacity building techniques. These programs lead to much needed market access opportunities beyond Sri Lanka.
Collaboration is at the core of Hatch’s ethos. Hatch actively partners with several private sector organizations, Sri Lanka’s public sector as well as international agencies to incubate and accelerate the growth of the Sri Lankan startups and are now working with regional ecosystems to nurture talent and create market opportunities.
Hatch fosters an inclusive culture that is supportive and agile, innovating new opportunities, including creating pathways for underrepresented entrepreneur communities. Their commitment to this was demonstrated through the launch of Sri Lanka’s first-ever women-focused accelerator program AccelerateHER during the World Entrepreneurship Week.
“Bringing a global platform for local entrepreneurs has been the forefront of our vision. This award enables us to continue to position Sri Lanka and Hatch as an entrepreneurial hub globally and showcases the depth and range of our work,” noted Nathan Sivagananathan, Co-Founder of Hatch.
The Global Startup Awards seeks to find, publicly recognise and connect dynamic startups on different verticals and maturity levels, investors, incubation/acceleration programs, coworking offices and influential founders, working closely with hundreds of local partners. Founded in 2012, it is the world’s largest independent startup ecosystem competition recognizing the best startups, individuals, VCs, co-working spaces, accelerators or incubator programs from all over the world.
“When Hatch was recognized as the best co-working space in the South Asian Region in 2020, I thought we had reached the pinnacle. However, to be on the same platform with great communities like ImpactHub and Mesh, whom we used to benchmark against, is a dream. With the right conditions and mindset, an effervescent community, mutually supportive partnerships and a whole lot of hard work, anything is possible. Hatch stands as a shining example of this,” concluded Jeevan Gnanam, Co-Founder of Hatch.
Business
Priority areas for deepening Japan-SL economic ties
Japan Business Council (SLJBC) of The Ceylon Chamber of Commerce recently held its 47th AGM, with the Ambassador of Japan and the Patron of the Council, Akio ISOMATA, attending as the Chief Guest.
Addressing the gathering, Ambassador ISOMATA outlined three priorities for deepening bilateral economic relations: an effective and forward-looking trade and investment policy, the promotion of domestic industrial policy, and expanded investment in renewable energy. He noted that Sri Lanka’s ongoing review of its Free Trade Agreement policy would be important in shaping the country’s future negotiating landscape. He encouraged Sri Lanka to look Eastward toward Southeast Asia and Japan, proposing that the country adopt an export-oriented industrial model. The Ambassador welcomed the Government’s National Export Development Plan 2026 and National Mineral Policy 2026 as consistent with Japan’s vision of connecting Sri Lanka’s export-related manufacturing sectors with India’s high-growth manufacturing base.
In his address, President Athulla R F Edirisinghe reflected on nearly seven decades of humanitarian and development support extended by Japan to Sri Lanka, and paid tribute to the Chairman of the Sasakawa Peace Foundation Yohei Sasakawa, for his magnanimity in establishing the Foundation. Reflecting on the history of Japanese investment in the region from the 1970s onward, he observed that Sri Lanka had missed many opportunities to attract Japanese foreign direct investment. Highlighting the 2025 proposal for a Sri Lanka – Japan Economic Corridor by the Ministry of Economy, Trade, and Industry Japan, he called on Sri Lankan businesses, industry associations, and the wider community to come together in dialogue with the Government to ensure the country does not miss this opportunity as well.
2026/27 Committee: President: Athulla R F Edirisinghe – Director, Hirohama Ceylon (Pvt) Ltd, Senior Vice President – Ruwan Waidyaratne – Managing Director, Hayleys Advantis Ltd, Vice – President – Shamil Mendis – Managing Director, Spear International (Pvt) Ltd, Treasurer – Rohitha Mendis – Managing Director of Prudential Shipping Lines (Pte) Ltd, Immediate Past President – Mahen Kariyawasan – Managing Director, Andrew The Travel Company (Pvt) Ltd, representatives from Amano Lanka Engineering (Pvt) Ltd, BOV Capital (Pvt) Ltd, Brandix Apparel (Pvt) Ltd, Heritage Teas (Pvt) Ltd, Kalhari Enterprises (Pvt) Ltd, Lanka Harness (Pvt) Ltd, Dentsu Grant (Pvt) Ltd, MAC Holdings (Pvt) Ltd, and Vidullanka PLC. By invitation: HVA Foods PLC (subsidiary of George Steuart & Co), Spillburg Holdings (Pvt) Ltd, and Vaughan Chemicals (Pvt) Ltd.
The Sri Lanka – Japan Business Council plays an important role in promoting trade, tourism, and investments between Japan and Sri Lanka. For membership inquiries contact Kiyara at The Ceylon Chamber of Commerce via E-mail: businesscouncils1@chamber.lk or Tel.: 011 5588875/ 5588800.
Business
Rekawa turns turtle conservation into a 30-year community business model
By Ifham Nizam
What started 30 years ago as an effort to protect sea turtles has evolved into a community-based economic model that has generated livelihoods, attracted tourists and transformed Rekawa into one of Sri Lanka’s best-known nature tourism destinations.
The Rekawa Turtle Conservation Project, launched on September 2, 1996, by the Turtle Conservation Project (TCP) in partnership with the Department of Wildlife Conservation and the Rekawa community, marked its 30th anniversary last week, demonstrating how biodiversity protection can become an economic opportunity for communities living alongside sensitive natural resources.
Speaking at the anniversary celebrations, TCP chairman Thushan Kapurusinghe said the project currently provides direct livelihoods for 28 people, but its economic impact extends considerably beyond those directly employed by the programme.
‘Today, 28 people directly earn their livelihood through this project. But its impact goes far beyond those 28 individuals, Kapurusinghe said.
He pointed to the transformation of the area over the past three decades, arguing that the growth of tourism in the community has been closely linked to the turtle conservation programme.
‘If you travel from Netolpitiya to this area, you can clearly see how much the village has transformed over the years. There is no doubt that the growth of tourism in this community has been driven by the Turtle Conservation Project, he said.
The economic significance of Rekawa lies in its ability to convert the protection of a natural asset into a source of recurring community income.
Tourists do not come to Rekawa merely to see a beach. They come to witness sea turtles emerging from the ocean and nesting in their natural habitat—a tourism experience that depends directly on the continued protection of the nesting beach.
Kapurusinghe said tour operators regularly bring visitors to Rekawa, with some tourists traveling there after visiting major attractions such as the Kandy Esala Perahera.
The model represents a fundamental shift from viewing conservation as an expense to recognising biodiversity as an economic asset that can generate sustainable livelihoods when properly managed.
The 30th anniversary celebration at the Rekawa Turtle Conservation Project Information Centre brought together Southern Wildlife Region Director of the Department of Wildlife Conservation Channa Suraweera, government officials, conservation organisations, community representatives and long-standing supporters of the initiative.
Individuals who had contributed to the project over the past three decades were also recognised with awards for their service to sea turtle and environmental conservation.
Rekawa’s experience has attracted international attention because of precisely this combination of conservation and community development. The project has received international recognition as well as the Green Employment Award from the Ministry of Environment and Natural Resources. Earlier international recognition included a highly commended ‘Tourism for Tomorrow’ award, while the project’s turtle-watch programme subsequently received further recognition in responsible tourism and conservation.
Business
Ceylinco Life brings premium policyholders closer to the magic of the Kandy Perahera
For an evening, the timeless spectacle of the Kandy Esala Perahera unfolded at especially close quarters for a select group of Ceylinco Life’s most valued policyholders and their families, who were hosted to an exclusive viewing experience by the Company’s Customer Relations Division.
Held at the Ceylinco Life Kandy Branch on Kings Street, the annual event coincided with the second Randoli Perahera, bringing guests into the heart of one of Sri Lanka’s most spectacular expressions of culture, tradition and pageantry.
As the procession made its majestic passage through the streets of Kandy, guests enjoyed VIP seating at a prime vantage point, allowing them to experience the colour, movement and grandeur of the Perahera up close. The evening offered a fitting setting for Ceylinco Life to celebrate its enduring relationships with its premium clientele.
The experience extended well beyond the spectacle outside. Guests were welcomed with evening refreshments and an exclusive dinner buffet presented by the prestigious Amaya Hills Resort, adding a fine-dining dimension to an already memorable evening.
Families, too, were at the centre of the occasion. A private movie theatre experience provided entertainment for children and adults alike, while each attending family received a beautifully framed family photograph as a personalised souvenir, a tangible reminder of an evening shared together against the backdrop of one of Sri Lanka’s most treasured cultural traditions.
Besides being a much sought-after opportunity to watch the Perahera, the occasion was an expression of appreciation. Through its continuing Customer Relationship Management activities, Ceylinco Life seeks to create experiences that recognise its most valued policyholders not simply as customers, but as relationships to be celebrated and nurtured. And on this particular August evening, the enduring splendour of the Kandy Perahera provided the perfect setting for doing just that.
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