EDB assists export-oriented SMEs at ‘Shilpa Sena’ exhibition | Sunday Observer

EDB assists export-oriented SMEs at ‘Shilpa Sena’ exhibition

One of the stalls organised by the EDB.
One of the stalls organised by the EDB.

The Sri Lanka Export Development Board (EDB) has launched a national program to nurture 2,000 new entrepreneurs to be exporters by 2022, at regional level.

The main objective of the program is to encourage domestic enterprises to invest in export industries to achieve the overall export target of US $ 28 billion by 2022. Simultaneously, new entrants have gained opportunities in local and international marketing experience. Accordingly 2000 non-exporter entrepreneurs are planned to be transformed into exporters through capacity, product and market development programmes.

The Regional Development Division of the EDB organised a pavilion of 10 stalls for 20 selected SMEs under the 2000 New Entrepreneurs Development Program to sell their products and strengthen business relationships and also find new opportunities in the local market at the ‘Shilpa Sena’ science and technology exhibition at the BMICH recently.

The entrepreneurs represented handicrafts and gifts, footwear and leather goods, apparel, processed food and beverages, Ayurvedic products, batik and handloom fabrics sectors. According to the evaluation done after the event, over 50 potential trade inquiries were received by the exhibitors and over Rs.1 million in spot sales were recorded during the event.