National Enterprise Development Authority

The National Enterprise Development Authority (NEDA) which operates under the Ministry of Industries is the apex organization responsible for the facilitation and development of Micro, Small and Medium scale enterprises (MSMEs) of Sri Lanka. Our primary goal is to create a conducive environment for entrepreneurship to flourish, thereby contributing to economic prosperity, job creation, and poverty reduction.
NEDA's objectives encompass a range of activities aimed at promoting entrepreneurship and business development:
 NEDA plays a crucial role in formulating policies and strategies that promote the growth of SMEs and entrepreneurship. These policies aim to simplify regulatory frameworks, provide financial incentives, and create a supportive business environment.
 One of NEDA's core functions is to provide training, mentoring, and skill development programs for aspiring entrepreneurs. These programs equip individuals with the necessary knowledge and skills to initiate, manage, and sustain successful businesses.
 NEDA collaborates with financial institutions and government agencies to ensure that entrepreneurs have access to adequate and affordable financing options. This access to capital helps turn innovative ideas into viable businesses.
 NEDA offers technical assistance to startups and SMEs, ranging from product development to market access. This support helps enterprises overcome challenges and seize growth opportunities.
 Facilitating market access is crucial for the success of SMEs. NEDA connects entrepreneurs with domestic and international markets, helping them expand their reach and scale their businesses.
 NEDA encourages innovation by providing resources for research and development. It supports innovation-driven enterprises that contribute to technological advancements and economic progress.