HNB partners Sri Lanka Invention Commission to strengthen Sri Lanka's innovation ecosystem

HNB PLC, committed to driving innovation in Sri Lanka's banking sector, has signed a MoU with the Sri Lanka Inventors Commission (SLIC) to support the existing and new inventors under the InnovaBiz EliteLink program. The partnership aims to provide Sri Lankan inventors with comprehensive support including financial assistance, technical guidance, commercialisation opportunities, and capacity-building initiatives.

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Under the MoU, HNB will extend preferential loan schemes, interest relief, and expedited loan processing to eligible inventors.

SLIC will recommend qualified inventors after conducting thorough technical feasibility evaluations, provide advisory support, reimburse interest portions for approved loans, and conduct training sessions to enhance technical and business capabilities. Together, the organisations have created a structured framework that supports inventors from ideation to market-ready products, contributing to national economic growth.