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The Engine of Sri Lanka’s Innovation Economy

TRACE powers innovation in Sri Lanka’s dynamic digital economy, and is dedicated to moving our nation up the global value chain through Science, Technology, Engineering, Arts, and Mathematics.

The Engine of Sri Lanka’s Innovation Economy

Our pillars • Our pillars • Our pillars • Our pillars • Our pillars • Our pillars

TRACE empowers Sri Lankan entrepreneurs, startups, and businesses to conquer the world by providing them with the requisite support and infrastructure.

Accelerators & Incubators

Accelerators & Incubators

Education & Talent Management

Education & Talent Management

Industry & Business Transformation

Industry & Business Transformation

Design & Creativity Center

Design & Creativity Center

Community Hub

Community Hub

A platform for tomorrow

In 2013, a group of tech entrepreneurs partnered with the Sri Lankan Government to revitalize a dilapidated block of warehouses from the colonial era into an IT and Innovation Park with the aim of kickstarting an innovation ecosystem in post-war Sri Lanka.

Christened ‘TRACE’, the project has now evolved into a nation-wide platform to drive innovation and entrepreneurship across Sri Lanka. TRACE is now home to leading names in the tech space such as the London Stock Exchange Group, Vega Innocations, CodeGen, Calcey and others, as well as many startups who directly and indirectly benefit from the various initiatives and networks fostered within.

A platform for tomorrow

Our impact • Our impact • Our impact • Our impact • Our impact • Our impact

LKR 150+ Million

Direct Income to the Government

LKR 3+ Billion

Indirect Income to the Government

2500+

Tech Experts

10+

Corporates

25+

Startups

10+

Partners

20+

Universities

2

National Programs

7

Locations

1000+

Innovative Ideas

At the epicentre of a vibrant ecosystem

Policymaking

Policymaking

TRACE is the key entity through which the Government of Sri Lanka channels its innovation-centric national initiatives.

Private Sector Businesses

Private Sector Businesses

TRACE partners with the independent private entities and trade bodies to support and empower nationally important and sector-relevant activities.

International Bodies

International Bodies

Through our network of international partners, we channel knowledge and grants into Sri Lanka, while facilitating market and industry development programmes.

Investors

Investors

TRACE is a hotspot for prospective investors to meet enterprising founders and innovative startups.

Acadamia

Acadamia

TRACE provides pathways for universities to support students to expand their knowledge and craft career pathways into sunrise sectors of the economy.

Startups

Startups

TRACE accelerates Sri Lankan startups through programs, mentorship, funding, and working spaces.

Policymaking

Policymaking

TRACE is the key entity through which the Government of Sri Lanka channels its innovation-centric national initiatives.

Private Sector Businesses

Private Sector Businesses

TRACE partners with the independent private entities and trade bodies to support and empower nationally important and sector-relevant activities.

International Bodies

International Bodies

Through our network of international partners, we channel knowledge and grants into Sri Lanka, while facilitating market and industry development programmes.

Investors

Investors

TRACE is a hotspot for prospective investors to meet enterprising founders and innovative startups.

Acadamia

Acadamia

TRACE provides pathways for universities to support students to expand their knowledge and craft career pathways into sunrise sectors of the economy.

Startups

Startups

TRACE accelerates Sri Lankan startups through programs, mentorship, funding, and working spaces.

Our broad network

Partner

Partner

Partner

Partner

Partner

Partner

Partner

Our locations • Our locations • Our locations • Our locations • Our locations • Our locations

Sri Lanka Map

TRACE Expert City, Maradana, Colombo 10

TRACE Expert City Colombo 10

16 Station Rd, Colombo 4

HomeTree Coworking, Colombo 04

108, W A D Ramanayake Mawatha, Colombo 02

TRACE Coworking Colombo 02

No 01. Ruban Complex, Stanley Rd, Jaffna

TRACE Coworking Jaffna City

Industrial Zone Makandura, Gonavila

TRACE BREAD Center, Makandura

E O E Pereira Mawatha, Meewatura, , Peradeniya, Sri Lanka

TRACE - JRDC Incubator, Kandy

23, "Nandana", Batugedara, Ratnapura

TRACE Creators Space, Rathnapura

TRACE in the news

Port City Colombo Signs MOU with Trace Sri Lanka to Grow Tech Industry

Sep 10, 2025

Port City Colombo Signs MOU with Trace Sri Lanka to Grow Tech Industry

Port City Colombo has taken a further step towards establishing itself as a pivotal technology hub in the region by entering into a formal partnership with TRACE Sri Lanka – a leading organization that promotes collaboration, creativity, and entrepreneurship through technology and innovation across disciplines in Sri Lanka. The MOU formalising the partnership was signed by Mr Xiong Hongfeng – Managing Director of CHEC Port City Colombo (Private) Limited, and Mr Kusal Subasinghe, Chairman of TRACE Sri Lanka. Also present at the signing ceremony were, on behalf of Port City Colombo, Stan Li – Chief Marketing Officer, and Radika Obeyesekere – Director of Investment Promotion and Marketing, along with Executive Director of TRACE Sri Lanka, Heminda Jayaweera.

TRACE Innovation Connect 2024: Engaging Sri Lanka’s Tech Diaspora for National Growth

Sep 10, 2025

TRACE Innovation Connect 2024: Engaging Sri Lanka’s Tech Diaspora for National Growth

TRACE – Sri Lanka recently hosted TRACE Innovation Connect 2024 at TRACE Expert City, marking a significant step towards building collaboration between the Sri Lankan tech diaspora and their homeland. Organised in partnership with Work in Sri Lanka, the event successfully gathered over 100 expatriates, tech leaders, entrepreneurs, foreign delegates, and diplomats. This gathering aimed to enable a ‘brain gain’ for Sri Lanka by encouraging the migration of technical know-how and inspiring the Sri Lankan tech diaspora to actively contribute to the nation’s innovation and economic resilience. The event also showcased Sri Lanka’s evolving tech landscape and the country’s untapped potential on the global stage.

Spring board to ‘unleashing a new era in start-up driven growth'

Sep 10, 2025

Spring board to ‘unleashing a new era in start-up driven growth'

In an impassioned call to action, Deputy Minister of Industry and Entrepreneurship Development, Chathuranga Abeysinghe, declared that Sri Lanka was ready to “unleash a new era of startup-driven growth, as he kicked off the prelude to Disrupt Asia 2025 — a four-day mega-event that aspires to redefine the nation’s digital economy and transform it into South Asia’s next innovation hub.

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Contact us to explore partnership opportunities in Sri Lanka which result in win-win outcomes for you and Sri Lanka’s digital economy.

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