Sri Lanka@100 is a private sector-led business development platform that was launched in 2020 to support Sri Lanka’s growth journey. The platform works with mid-market firms to accelerate growth, optimize internal operations, and enhance investor readiness. Sri Lanka@100 is currently funded by the U.S Government's development arm, the United States Agency for International Development (USAID), and implemented by Stax—a global management consulting firm.
The overarching purpose of the Sri Lanka@100 platform is to play an impactful role in helping Sri Lanka to become a high-income nation within 100 years of independence (2048).
While our overarching purpose is a long-term vision, our near-term goal is to increase the competitiveness of mid-market companies that are onboarded to the platform and uplift the capacity of mid-market firms that attend our capacity building and outreach events.
Sri Lanka@100 promotes inclusive growth by working with mid-market companies that are based outside the Colombo district and are women-owned or -led.
In the selection process, special emphasis is given to companies that possess these characteristics to ensure more equitable access to the services offered by the platform. Further, through the capacity-building events conducted in secondary cities and rural regions, Sri Lanka@100 provides technical assistance to mid-market firms and SMEs that currently are unable to access or afford these services.
Our Commitment to Inclusivity
of our portfolio companies are women-led or -owned or include a majority female workforce
of our portfolio companies have a majority of their operations based outside of the Colombo district
Sri Lanka@100 is funded by the United States Agency for International Development (USAID)—the development arm of the United States Government responsible for foreign aid. USAID has provided development and humanitarian assistance worldwide for 60 years. The U.S. Government has invested over LKR 350 billion ($2 billion) to benefit the people of Sri Lanka since 1956.
Stax is a leading management consulting firm headquartered in Boston and with offices in Chicago, New York, and Colombo. With more than 25 years of experience, Stax advises the world’s largest public and private corporations, as well as private equity firms and their portfolio companies, across a broad range of industries covering 40+ international markets.
In 2021, NDB Bank entered into a partnership with the platform to provide value-added services and financing solutions to Sri Lanka@100's portfolio companies. In addition, NDB and Sri Lanka@100 collaborates on hosting capacity building programs and webinars to educate SMEs on the financial services space and funding solutions available to them.
Under the leadership of our two cofounders Dr. Kumudu Gunasekera and Ruwindhu Peiris, Sri Lanka@100 has a dynamic team of consultants with exposure to multiple sectors and decades of collective experience in consulting global conglomerates and blue chip companies.
Sri Lanka@100 featured on The Debrief
Originally published on Roar Media as part of The Debrief series