UAL Grand Sponsor of Entrepreneur of the Year

Union Assurance Limited (UAL), has been appointed the Grand Sponsor for the Sri Lankan Entrepreneur of the Year 2000 annual awards this year, UAL said in a news release.

"We are very excited about being associated with the awards. The single most important reason that UAL has become the Grand Sponsor is that the Sri Lankan Entrepreneur of the Year awards promote excellence, and that is what Union Assurance is all about. We pursue excellence in everything we do.

"We are also very proud that a large portion of the entrants, the small and medium-scale entrepreneurs, are partners with us in that UAL is their chosen insurance service provider. They are the leaders of society. Working with them is important for us," declared Mr. Sarath Wickramanayake, CEO, UAL.

The awards were established by the Federation of Chambers of Commerce & Industry of Sri Lanka (FCCISL) to recognise and reward the efforts of all categories of entrepreneurs islandwide.

The awards program initiated in 1994 pays a lasting tribute to those entrepreneurs who with grit and determination had overcome obstacles and setbacks to make a significant contribution to the economy.

"We have made good progress. The motive behind the awards is to recognise the true entrepreneurs of our country. Not the well-known, but the unheard of and unrecognised small and medium businessmen, to motivate them to reach their goals. There is no restriction of who could apply," explained Mr. Tissa Jayaweera, Chairman of the organising committee.

The FCCISL was set up over 25 years ago as the apex body representing all the business interests in Sri Lanka. With a membership of over 35 Chambers of Commerce & Industry and Trade Associations in Sri Lanka, the Federation cites as its main objective, the fostering and development of entrepreneurship in the country. Motivating and encouraging the younger generation to be active participants in the vibrant private sector is also a goal that the Federation keenly pursues.

UAL said that it had tied up with FCCISL as Grand Sponsor of the awards for four consecutive years.