Financial Times

Shell launches this year's Young Business Start-up Awards

Shell Live-WIRE recently launched the Young Business Start-up Awards (YBSA) for the fifth consecutive year recently with entries closing on May 14.
The YBSA 2004 is targeted at start-up businessmen in the Micro and Small Enterprise Sector (MSME) in Sri Lanka with Rs.400,000 worth of prizes will on offer at this year's competition.

Three regional heats, to be conducted in July, will precede the national finals in September later this year.

"In an effort to make the competition more accessible to rural based entrepreneurs and to encourage greater regional representation from all nine provinces in the country the three regional heats will be held in the Galle, Anuradhapura and Ratnapura districts this year," said Michael de Soyza, Project Manager for Shell LiveWIRE, in a statement.

The Young Business Start-up Awards programme aims to recognize the achievements of young people aged between 16 and 32 years who have been in business for not less than three months but not exceeding two years.

Applications for the Shell LiveWIRE Young Business Start-up Awards are available from the Shell Live-WIRE Trust No. 498, R.A. de Mel Mawatha, Colombo, the Chambers of Commerce in Jaffna, Monaragala, Vavuniya, Trincomalee, Sabaragamuwa and Hambantota, all branches of the Sabaragamuwa Development Bank, including the districts of Ratnapura, Kalutara, Colombo and Kegalle, among other places.

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