Home / Knowledge / News / Apparel/Garments / Brandix funded MIT-Global Startup Labs-Sri Lanka kicks off
Brandix funded MIT-Global Startup Labs-Sri Lanka kicks off
27
Jan '14
Seventy three young Sri Lankans, identified as prospects for the country’s next generation of top entrepreneurs, began their accelerated journey to entrepreneurship in January with the kick-off of the Brandix funded MIT Global Startup Labs’ (MIT-GSL) Sri Lanka programme.

Chosen from over 350 candidates from five participating Sri Lankan universities and other higher educational institutions, these undergraduates and recent graduates will undergo seven months of intense start-up incubation with training by Massachusetts Institute of Technology instructors, Akshita Deora Puram and Amber Houghstow, and on-going industry mentoring facilitated by the Sri Lanka Association of Software and Service Companies (SLASSCOM) and Brandix.

They are to be taken through three phases – ‘Ideate & Test’ from 9th to 27th January; ‘Plan & Create’ from February to May; and ‘Refine & Launch’ between June and August 2014, under the MIT-GSL global entrepreneurship incubator being run by MIT in collaboration with 15 international universities.

Delivering the keynote address on the topic ‘Disruptive Innovation: Examples and opportunities for start-ups’ at the kick-off programme sponsored by Brandix, Group Director Udena Wickremesooriya traced the innovations and improvements that had taken place in the automobile industry since the launch of the first car of Henry Ford.

Holding up an office shirt, he pointed out that it had not been modified since his Grandfather’s time. In addition to the lack of product innovation, he highlighted challenges in manufacturing, logistics, demand forecasting, and more. Hence, there is a huge opportunity in the apparel industry for innovation, Mr Wickremesooriya said, urging participants to explore new frontiers for innovation.

Other speakers at the launch of the programme included Dr Janaka Liyanagama, Deputy Vice Chancellor of the Open University which opened up its new facility to host the sessions and Ruwindhu Peiris, General Secretary of SLASSCOM.

The Brandix Group has pledged to fund the MIT-GSL Sri Lanka programme for five years in collaboration with MIT and SLASSCOM. The programme is to be offered twice a year to second-year or older undergraduates as well as recent graduates of Sri Lankan universities.

Brandix

Must ReadView All

Courtesy: Li & Fung

Textiles | On 29th Mar 2017

Li & Fung introduces new 3-year plan 2017-2019

Li & Fung Limited has outlined its next Three-Year Plan (2017-2019)...

Courtesy: Carrington

Apparel/Garments | On 29th Mar 2017

Carrington Workwear signs JV with TMG Textiles

Carrington Workwear, one of the largest producers of workwear fabrics ...

Apparel/Garments | On 29th Mar 2017

Jabong launches Aeropostale on its platform

Jabong has added leading American high-street fashionwear brand,...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search