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Job creation: Based on IFC Jobs Examine, Sri Lanka (2012), an estimated 1,500-4,650 new direct jobs can be created by this project. The proposed investment will support PickMes nationwide growth plans. In addition, there might be indirect job creation, which can’t be quantified. 1. Influence on the Sri Lankan Enterprise Capital ecosystem: The Sri Lankan begin-up ecosystem is nascent. While seed funding is usually obtainable, there is a scarcity of institutional funding for Sequence A onwards. The federal government is trying to advertise entrepreneurship by promoting networking events, incubators, etc., by bodies comparable to Startup Sri Lanka and SLASSCOM. The success of PickMe would have a strong demonstration impact which is anticipated to foster entrepreneurship and attract both entrepreneurs and institutional buyers to Sri Lanka.

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