Start Something Real. Build It Properly.
NEO Ventures is NIBM’s startup accelerator for students and early founders who want to take an idea and turn it into a working business. You’ll get guidance, structure, and the space to actually build.
Building Startups That Actually Move Forward
Ophtha Innovations
AI-powered eye screening for early diabetic retinopathy detection
Ophtha Innovations is building AI-powered retinal screening systems that help detect diabetic retinopathy early, improving access to eye care and supporting faster diagnosis across Sri Lanka.
Startups from NEO Ventures
NOVALITH
AI-powered smart pregnancy belly wrap designed to monitor fetal health continuously and support early detection of pregnancy complications.
Ophtha Innovations
MedTech startup using artificial intelligence to detect diabetic retinopathy early and improve access to eye screening across Sri Lanka.
Mozzix
Innovative automated mosquito elimination system designed to attract and eliminate mosquitoes more effectively in homes and public spaces.
Dart
Digital BOQ preparation platform helping contractors generate faster, more accurate, and standardized construction cost estimations.
Veritas Innovations
Creative technology company combining digital marketing, storytelling, AI, and AR to help brands create meaningful and immersive audience experiences.
Ceylon Bio Solutions
Research-driven startup developing biodegradable bio polythene sheets and eco-friendly alternatives to reduce plastic pollution.
Frequently Asked Questions
Common questions about the program, how it works, and what to expect.
Neo Ventures is a startup incubation and entrepreneurship development program designed to support early-stage startups through mentorship, networking opportunities, expert guidance, investment readiness, and access to potential investors and funding opportunities.
Students, young entrepreneurs, innovators, and startup teams with scalable business ideas or existing MVPs can apply to the program.
No. Neo Ventures welcomes startups from various industries including technology, agriculture, education, healthcare, tourism, sustainability, social innovation, and more.
Neo Ventures supports idea-stage startups, MVP-stage startups, early revenue startups, and growth-stage startups looking for mentorship and networking opportunities.
Participants may receive mentorship from industry experts, startup development guidance, investment and funding support, investor and networking opportunities, workshops, expert sessions, pitching opportunities, business model validation support, and branding and marketing guidance.
The fee structure depends on the specific cohort or program. Selected participants will be informed during the onboarding process.
The incubation program typically runs for one year, including mentorship sessions, workshops, startup evaluations, and business development activities.
Yes. Both individuals and teams are encouraged to apply.
Selected startups will go through onboarding, mentoring sessions, progress reviews, workshops, and startup evaluation activities throughout the program.
Neo Ventures provides investment readiness guidance, funding support, and access to investor networks and pitching opportunities. However, direct funding is not guaranteed.
Yes. Mentoring sessions, workshops, and feedback meetings are conducted through both online and physical sessions.
It is recommended to have a clear problem statement, your solution or product idea, a basic business model, a pitch deck or presentation, and an MVP or prototype if available.
Yes. Existing startups and small businesses with growth potential are welcome to apply.
Startups are usually evaluated based on innovation, market potential, problem-solving capability, team commitment, scalability, and overall business feasibility.
You can contact the Neo Ventures team through their official email, social media platforms, or program coordinators for further support and inquiries.
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