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Youth Business Sri Lanka (YBSL)

YBSL works in Sri Lanka to support youth to start a business through provision of concessionary credit facilities and associating a mature and experienced individual who provides business mentor support voluntarily.
— theme: Youth Employment, Youth Enterprise
— country: Sri Lanka, South Asia, Asia

YBSL works in Sri Lanka to support youth to start a business through provision of concessionary credit facilities and associating a mature and experienced individual who provides business mentor support voluntarily.

Affiliation
Employers' Organization
Contact No.
+94 (0)11 5588884
Address
Dr. Anura Ekanayake, Chairman of YBSL,
YBSL Secretariat,
Ceylon Chamber of Commerce,
50 Nawam Mawatha,
Colombo 02,
Sri Lanka
Email Address
ybsl@chamber.lk
Website
http://www.ybsl.lk/

     1. Source of funding

The Prince's Youth Business International
The Ceylon Chamber of Commerce
Hambantota District Chamber of Commerce
International Alert
CACCI
Microsoft
Business for Peace Alliance

     2. Mission and Objectives

Help young people to start up in business.

Youth Business Sri Lanka programme is the country wide expansion of the Hambantota Youth Business Trust (HYBT) which has been in operation over last 10 years. Implemented in 32 countries and modeled after the Youth Business International of UK, youth business programmes supports youth to start a business. The objective of YBSL is to address socio-economic exclusion of youth from disadvantaged backgrounds through provision of financial support to “disadvantaged youth” who has a viable business idea, to start up such enterprises and to provide business support through the existing institutional frameworks and specifically through a business mentor and credit.

     3. Areas of work relating to youth employment

Enterprise development
Entrepreneurial mentorship
Microfinance

     4. Partners and areas of partnerships

ILO
The Prince's Youth Business International
The Ceylon Chamber of Commerce
Hambantota District Chamber of Commerce
International Alert
CACCI
Microsoft
Business for Peace Alliance

     5. Potential or existing partnership with the ILO

The ILO is a partner in this partner in this programme

     6.  Successful youth employment interventions

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