‘Chrysalis’ recognised for SME development efforts

Sri Lanka’s small and medium enterprise (SME) sector took a significant step forward with the launch of the ‘National SME Strategy Framework – SME NEXUS’ in Colombo on 13 May. 

During the event, ‘Chrysalis’ was specifically acknowledged for its technical and collaborative contributions to national SME development efforts, including supporting the simplification of the Business Name Registration process and assisting the Ministry in strengthening the National Industry Database, among other initiatives aimed at improving efficiency and access within the SME ecosystem.

The recognition highlights Chrysalis’ continued work in supporting women-owned and women- and youth-led enterprises, livelihoods, entrepreneurship, and inclusive economic growth across Sri Lanka.

The award was accepted by Chrysalis CEO Ashika Gunasena on behalf of the organisation.

‘Chrysalis’ is a Sri Lankan non-profit organization and social enterprise that focuses on empowering women and youth, driving inclusive growth, and transforming communities. Formerly known as CARE Sri Lanka, it became an independent affiliate of CARE International in 2016. Commenting on the recognition, Ashika Gunasena said, “This recognition reflects the collective efforts of the communities, entrepreneurs, partners, and stakeholders we have worked with over the past decade. We believe inclusive entrepreneurship and sustainable livelihoods are key to building resilient communities and a stronger economy”.

Chrysalis welcomed the launch of ‘SME NEXUS’ as an important step toward supporting innovation, digital transformation, and sustainable growth opportunities for SMEs across Sri Lanka.