08 Access to finance is one of the most significant challenges for the survival and advancement of SMEs. As a pioneer and Government Organization of Entrepreneurship development in sri lanka, SEDD takes in several steps to strengthen the mechanisms for easy and affordable access to finance in SMEs and improving the skills and knowledge of Finance literacy of Sri Lankan Entrepreneurs.
Key steps
- Provide funds and venture capital arrangements
- Strengthening healthy financial management of SMEs
- preparation of comprehensive business plan for SMEs
- Instant loans through Entrepreneurs Co-operative Society
- concessionary bank loan schemes for Women and Youth entrepreneurship
- Improve capacity and skills of accountancy and book keeping of SMEs
- Strengthening the capacity and skills of IT base accountancy
- Bank clinic and Bank Coordination