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Facilities of small businesses

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Topic updated on 02/15/2019 12:32pm

Government provides various financial incentives to small businesses.
Examples:
• Short-term and long-term loans.
• Financial aid.
• Tax relief.
• Refinance facilities.
Government provides non-financial incentives to small businesses.
Examples:
• Expert consultation services.
• Entrepreneurship development programmes.
• Information services.
• Infrastructural facilities.
• Market facilities.
• Institutional facilities.
• Technical assistance

• Various incentives are provided by various institutions to small businesses.
Examples:
Institutions                                                                                                                                              Incentives

  • Industrial Development Board                                                                         • Consultation services.
    • Technical services.
    • Infrastructural facilities
  • Export Development Board.                                                                              • Marketing facilities.
    • Consultation services.
  •  Sri Lanka Standards Institution.                                                                     • Consultation  services.
  •  National Development Bank.                                                                           • Financial Facilities.
  • Institute of Industrial Technology                                                                   • Technical services.
    • Consultation services.
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