13. The objectives of the Authority shall be to :-
| (a) stimulate the growth, expansion and development of Sri Lanka's economy by encouraging, promoting and facilitating small and medium enterprise development within Sri Lanka ; |
|
| (b) stimulate and encourage the establishment and operation outside Sri Lanka of enterprises designed with a view to internationalize domestic enterprises capable of penetrating foreign markets for the fulfillment of the objectives of this Act ; |
|
| (c) formulate policies, plans, promotional incentives appropriately designed and effectively support and promote trade and development in industry and agriculture ; |
|
| (d) empowerment of people of human capital development with technical skills as an integral component of enterprise development ; |
|
| (e) develop infrastructure facilities required to meet the development needs ; |
|
| (f) facilitate the access of entrepreneurs to finances required for enterprise development and operation ; |
|
| (g) establish a Technology Development Fund to promote research and development in connection with product development, technological enhancement and commercialization of patents ;and |
|
| (h) facilitate regional economic development. |
|
|
Sri Lanka Consolidated Acts