National initiative to empower entrepreneurs and SMEs “4i Project” debuts
- 17 districts selected for the initiative, targeting 1,000 young entrepreneurs and SMEs
- Supports national vision to raise the manufacturing sector’s contribution to 28% and boost national productivity to 52% by 2030
By Safna Malik
The national program ‘4i Project’ developing 1,000 young entrepreneurs was successfully launched last week by the Industry and Entrepreneurship Development Ministry in partnership with the National Productivity Secretariat and other Government bodies.
Industry and Entrepreneurship Development Minister Sunil Handunneththi said the national program, the 4i Project, is geared towards empowering a new generation of business owners, with a focus on youth and Small and Medium Enterprise (SMEs).
The Minister clarified the program’s eligibility, noting it is intended not only for emerging entrepreneurs but also for established SMEs that possess a minimum of three years of operational history and employ at least 10 individuals. The initiative will specifically target production-related businesses within identified districts across the nation.
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