Sri Lanka boasts a resilient mindset, with problem solving and innovation driven by entrepreneurial activity. The ecosystem attracts global, multilateral investors including VCs, corporations, and angel investors, including early-stage VC nVentures, which funded four startups in 2023. The DigiEcon Global Investment Summit 2024, in partnership with MasterCard, The United Nations Economic and Social Commission for Asia and the Pacific, and the Bill and Melinda Gates Foundation (BMGF), serves as a gateway to Sri Lanka's digital investment ecosystem.

In November, Sri Lanka hosted Global Entrepreneurship Week, where it placed seventh on the leaderboard. The ecosystem’s 872 startups build a tech industry supported by numerous initiatives, agencies, and organizations. AccelerateHER, from Hatch and the U.S. Department of State, is Sri Lanka’s first accelerator for female founders. The Information and Communication Technology Agency of Sri Lanka’s Suhuruliya 2.0 National Strategy aims to enable ten thousand female entrepreneurs with digital technology and access to the international market. By 2026, the program aims to make 50% of women in Sri Lanka active contributors to the national economy.

Sri Lanka is undergoing a wide digital transformation. In January 2024, grassroots organization Sarvodaya partnered with entrepreneurship developer Hatch to launch the GoviLab AgriTech Accelerator, a key piece of Sri Lanka’s Inclusive Digital Agriculture Transformation Strategy. The national initiative is supported by collaborative efforts of the government and the accelerator and investor BMGF, with support from PwC India. The National Digital Economy Strategy 2030 is a roadmap to create a high-revenue economy through digital transformation. In 2023, President Ranil Wickremesinghe committed to forming a presidential AI task force to promote AI usage.