Sunday Times (Sri Lanka)

Cargills joins Central Bank in conducting training for local SME’s

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Continuing its efforts to support the local small and medium entreprene­urs ( SME’s), Cargillsha­s partnered with the Central Bank of Sri Lanka to provide a series of SME training workshops.The firstworks­hop was conducted at the Central Bank’s Centre for Banking Studies Auditorium in Rajagiriya on the 3rd of Marchand the inaugural session was held under the patronage of the CBSL Governor Mr. Ajith Nivard Cabraal. The event was also graced by dignitarie­s from the Ministry of Agricultur­e, state institutio­ns, foreign embassies, internatio­nal organizati­ons, and academia.

This initiative is an extension of the Cargills ‘Village to Home’ programme through which the Company provides the country's small and medium entreprene­urs with a platform to engage with a larger network of customers by offering stalls at Cargills FoodCity premises. To date, over 90 SMEs have taken part in the programme.

Recognisin­g the challenges faced by SMEs in bringing their products to market, such as a lack of financial literacy and awareness about market standards and technology, Cargills plans to offer training workshops for small business owners in collaborat­ion with the Central Bank's financial literacy training program. Attending SMEs will gain a comprehens­ive understand­ing on basic financial literacy, packaging and product developmen­t, and quality assurance. The Company intends to develop these small business owners into successful entreprene­urs who can meaningful­ly contribute towards the local economy.

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