YBSL helps budding entrepreneurs

The Youth Business Sri Lanka (YBSL) supports young entrepreneurs to start a business by providing concessionary credit facilities and voluntary mentorship.

They are guided by mature and experienced business leaders who constantly support these young business people to make their business a successful venture.

To obtain financial assistance and guidance of a mentor, aspiring entrepreneurs can present their business proposals to YBSL, who will assess the viability of the proposal and their repayment capacity. National Program Manager of YBSL Vartharaja Kumaraguru said during a meeting with a delegation of Sri Lankan youth living abroad who are keen on investing in local businesses.

The visiting delegation included the Country Representative of International Alert,Johann Rebert an independent peace-building organisation that works with people who are affected by terrorism to improve their prospects of peace.

The members of the delegation who have been travelling around the country and familiarising themselves with investment opportunities said that there are a large number of Sri Lankans living abroad who are interested in investing in Sri Lanka.

It was also said that they are taking active measures to bridge the gap between Sri Lankans living in the United Kingdom and Sri Lanka.

The YBSL extended its support to the visiting delegation and said that the organisation is strengthened by their affiliation with the Ceylon Chamber of Commerce which provides many services and facilities to entrepreneurs.

Therefore, YBSL working in collaboration with the Ceylon Chamber of Commerce is well equipped to assist budding entrepreneurs.