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HDCC to promote youth business

Hambantota District Chamber of Commerce (HDCC) together with the Ceylon Chamber of Commerce (CCC) is now in the process of introducing business programmes to attract and help disadvantaged youth to the business world.


Winners: Mallikage Sumithra, Kaluaruppu arachige Wimalwahti, Dissanayake Herath Bandage Deepa Erandati Dissanayake, Lalitha Wanigasinghe, Wjeshighege Pemawathi widow women entrepreneurs from matriarchal families that have made significant contribution towards the economy. Picture by Saliya Rupasinghe

The programme is known as “Youth Business Programme” and will promote the concept in every single district in the country to help youth in the country to start up a new business or improve an existing business, Director General, HDCC, Azmi Thassim told the Daily News Business.

“HDCC took the initiatives to set up the Hambantota Youth Business Programme (HYBP), to address the problems of the disadvantaged youth in the area successfully during the last ten years. This concept popularized in other districts in the country, Thassim,” said.

“Funds from Youth Business International in UK to the HDCC are dispersed to HYBP and have benefited more than 300 families in the areas,” he said.

“With the success of their programmes many international organisations including Macabe Foundation of UK and International Youth Foundation of USA( Nokia funded programme) have pledged their assistance to the HYBP,” he added.

“Thassim the founder trustee of the concept said HYBP has come from UK, where Prince Charles had started such body named “Prince’s Trust” to assist the disadvantage youth in UK. India was the second country to adopt this concept by seeing its advantages in Sri Lanka .

Therefore HDCC was the only body to initiate this programme and implemented it taking UK and India as models,” he said.

“The Prince’s Trust is the funding agent for Youth Business International in UK which the HDCC gets loans with mentoring for the HYBP programme in Sri Lanka have shown enormous success,” he said.

The International Widows Day was celebrated at Tangalle, organised by the HDCC under the patronage of HYBT and Women Development Foundation for the second consecutive year.

The HYBP was identified as the ideal institution to successfully introduce International Widows Day in Sri Lanka by fulfilling the objectives envisaged by the Loomba Trust which is also assisting with the Prince’s Trust to provide loans and mentoring to the HYBP.

Among the various projects implemented by the HYBP a unique system for widows of the district was initiated in March 2007 with support and guidance from the Loomba Trust.

This was designed to help widows commence and develop business and seventeen beneficiaries have already successfully established their business and have benefited immensely from the programme.

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