Abstract:
The main objective of this research is to study the impact of the technoincubators
to promote techno-based Small and Medium Scale Enterprises
(SMEs) in Sri Lanka. Literature survey shows that proper incubator process
and techno-SME startup eco-system can reduce the mortality of the techno-
SME startups. The main methodology of this research is primary data
collection through sample survey of seventy one techno-SME entrepreneurs
supplemented by interviews with key stake holders. The results show that lack
of strong techno-SME promoting national eco-system, inconsistencies in
selection process for the techno-incubator facilities, the services offered and
the business support given by the techno-incubators are not in-line with
incubatee’ s current requirements. In general, incubator authorities need more
focus on business support services and appropriate skills development for
techno businesses.
