Youth Business Sri Lanka (YBSL)
Website: http://www.ybsl.lk
Contact: Mr. Sujeewa Ratnakumara, National Program Manager
Email:
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Tel: +94 11 558 8884
Adress: YBSL Secretariat, Ceylon Chamber of Commerce, 50 Nawam Mawatha, Colombo 02, Sri Lanka
About
In 2007 Youth Business Sri Lanka was formed with the leadership of the Ceylon Chamber of Commerce and the Hambantota District Chamber of Commerce (HDCC). It was developed as a result of the success of the Hambantota Youth Business Trust (HYBT), an entrepreneur support programme which started operations in 1997 with the backing of HDCC.
Program description
The Youth Business Sri Lanka (YBSL) programme supports youth to start a business through provision of concessionary credit facilities and associating a mature and experienced individual who provides business mentor support voluntarily. This mentoring approach has been very effective in sustaining the newly started business as going concerns, because it is at the beginning the youth entrepreneurs needs business advices most. The mentoring approach also inculcates a certain responsibility to the programme, thereby facilitating the credit recovery.
Participants:
YBC include the young people who are aged between 18-35 years old, currently and have a passion to be entrepreneur. Applicants have an available business idea or plan but lack business experience or knowledge.
Participants:
Applicants need submit the application form and business plan in YBC website. (YBC provide the templates). Application on a rolling base.