People’s Bank’s Enterprise Banking Department, which has launched multiple programs with the aim of supporting and development of small and medium enterprises, has initiated “People’s Spark”, a special entrepreneurship development program targeted at graduates. This program offers the opportunity for young graduates to start their own enterprises under guidance from People’s Bank. The bank also provides a special loan scheme and a feedback mechanism for these budding entrepreneurs.
People’s Bank aims to activate this program in association with the University system of the country to encourage graduates toward entrepreneurship.
As part of the initiative, a workshop was organised to study and discuss the practical issues and provide relevant advice on the business plans of the second-year students of the Department of Management and Organization Studies of the Colombo University’s Faculty of Management and Finance. Here the university students who had created business plans to present to investors, shared them with a panel of experts from the Enterprise Banking Department of People’s Bank, and received their advice.
Sujeewa Rajapakse, Chairman of People’s Bank participated in this event, taking time to share his personal entrepreneurial experiences with the university students.
The event was attended by Krishani Narangoda, Deputy General Manager – Enterprise Banking and Wickrama Narayana, Assistant General Manager – Small and Medium Enterprise of the People’s Bank and Prof. B. Nishantha, Prof. R. Senathiraja, and Dr. Tissa Ravindra Perera of Department of Management and Organization Studies of the Colombo University’s Faculty of Management and Finance.
The Enterprise Banking division of People’s Bank works towards entrepreneurial development and is committed to the business and financial development of micro, small and medium businesses as well as commercial and large-scale business.