Youth Business Sri Lanka
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The Youth Business Sri Lanka (YBSL) is National Organization that helps young people to start up their own businesses by providing access to credit assisting and guiding youth with business mentors. Modeled after the principles of the Youth Business International (YBI), of which it is an accredited member, YBSL builds on the success of the Hambantota Youth for Business Programme (HYBP).The YBSL, set up incorporate within the auspices of the Ceylon Chamber of Commerce in 2007 to spearhead the national expansion strategy.

YBSL with the guidance of Board of Trustees and the Steering Working Committee, it is moving forward creating starting point to build viable, sustainable businesses. As a part of national expansion strategy YBSL is in the process of empowering the District Chambers to act as the link between the disadvantage youth by providing resources and access to business contacts.

YBSL provided credit support for more than 83 young entrepreneurs in the districts of Trincomalee, Jaffna, Kandy, Kegalle and Badulla. These loans which are granted for a period of 6 to 12 months have already a recorded payback ratio of 90%.

Taking its first step in the year 2011, YBSL managed to obtain the assistance of The European Union's Delegation to Sri Lanka and the Maldives through NSA stakeholders programme. The current project will focus on to reduce economic and social disparity through promotion of youth entrepreneurship in least developed/marginalized areas of Sri Lanka, especially in the North and East.

The mission for the future of YBSL is to create a momentum in the entrepreneurial activity among the youth, where in lies the cornerstone of Sri Lanka’s growth as nation in the coming years.

Web Address: YBSL