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Objectives

right tarhetThe objectives of NEDA, as per the National Entrepreneur Development Act No. 17 of 2006 Section 13 are as follows, 

  1. Stimulate the growth, expansion and development of Sri Lanka economy by encouraging, promoting, and facilitating small and medium enterprise development within Sri Lanka. 
  1. Stimulate and encourage the establishment and operation outside Sri Lanka of enterprises designed with a view to internationalize domestic enterprises capable of penetrating foreign markets for the fulfillment of the objectives of this Act. 
  1. Formulate policies, plans, promotional incentives appropriately designed and effectively support and promote trade and development in industry and agriculture. 
  1. Empowerment of people of human capital development with technical skills as an integral component of enterprise development. 
  1. Develop infrastructure facilities required to meet the development needs. 
  1. Facilitate the access of entrepreneurs to finances required for enterprise development and operation. 
  1. Establish a Technology Development Fund to promote research and development in connection with product development technological enhancement and commercialization of patents, 
  1. Facilitate regional economic development.