gov

English
  • Sri Lanka currently has approximately 230,000 employers or business owners, which is about 2.8% of the total working population.
  • While 75% of all Sri Lankan enterprises are categorized as SMEs according to Ministry of Industry and Commerce, the country legs behind other Asian countries such as Thailand and Vietnam in entrepreneurship.
  • In Vietnam, 19.6% of the working population are business owners or employers, while in Thailand, this number is even higher, at 27.5%.
  • Countries with high populations such as Bangladesh and China report 11.6% and 7.5% respectively, which points to a large number of entrepreneurs.
  • In countries with populations that equal to Sri Lanka, the rate remains at a steady 10%.
  • By these standards, Sri Lanka is far behind and needs to increase its entrepreneurship rates to compete in the global economy and to reach the country's expected growth rate.
01 02 11
  • The V2025 Enterprise Sri Lanka project hopes to inspire, assist and create a minimum of 100,000 new entrepreneurs as well as to uplift existing entrepreneurs.
  • An initiative to create a system of entrepreneurship (and self-employment through entrepreneurship) that will help push Sri Lanka to become an export trade-based economy.
  • Develop skills of existing entrepreneurs and motivate potential entrepreneurs. V2025 Enterprise Sri Lanka initiative will be a catalyst for change in Sri Lanka, and foster entrepreneurship and self - reliance, in an era where the public increasingly demands all solutions from the government.
  • Make this as a platform for an entrepreneurial revolution that start from the village and links Sri Lanka to global value chains through increased business opportunities for all.
  • Encourage and contribute to increased participation by women entrepreneurs in SL. Bring their self - employment endeavors to the forefront of the entrepreneurship drive and encourage their initiatives with skills and resources.
  • Encourage entrepreneurship in students and the differently abled segments, Inspire every segment of the society to contribute to the economy through their innovations and inventions.
  • Create a modern mentality of innovation at the grass-roots level, by starting in the village. Thereby improving the village economy by connecting it to the global economy.
  • The initiative is aimed at positive impact key economic and social growth indicators of the Sri Lanka such as per capita income, foreign direct investment and exports.
  • In addition, the project focuses on helping to increase the income of women and differently abled segment of the society.