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Table of Contents Page 1. Introduction .. 1. 2. Vision, Mission and Objectives of the SME Policy Framework .. 1-2. 3. Definition of SMEs .. 3. 4. High Potential Promising Clusters 4. 5. Policy Interventions and Strategies . 5. a. Enabling Environment 5. b. Modern Appropriate Technology 6. c. Entrepreneurial Culture and Skills Development .. 7. d. Access to Finance .. 8. e. Market Facilitation .. 8. f. Research and Development .. 9. g. Resource Efficiency .. 10. h. Regional Balance .. 11. 6. Implementation Arrangements . 11. a. Coordination for the Implementation of the Policy 11. b. SME Advisory Council .. 12. c. SME Cluster Committees 12. d. Monitoring and Evaluation .. 13. 7. Conclusion .. 13. Tables Table I: Defining SME in Sri Lanka .. 3. Figures Figure 1: SME Policy Framework Matrix .. 3. National Policy Framework for Small Medium Enterprise (SME) Development 1. Introduction The Small Medium Enterprise (SME) sector has been identified as an important strategic sector in the overall policy objectives of the Government of Sri Lanka (GOSL) and it is seen as a driver of change for inclusive economic growth, regional development, employment generation and poverty reduction.

National Policy Framework for SME Development Page 2 2.3 Policy Objectives The SME Policy Framework will support start-up SME enterprises, strengthen the existing

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