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Mawratanews.lk | Sri Lanka Latest Sinhala News and Headlines
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Home Business

Standard Chartered launches life-changing Goal Accelerator project for disadvantaged young women

November 29, 2024
in Business
Reading Time: 10 mins read
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To empower disadvantaged young women in the country, Standard Chartered Sri Lanka has launched the next iteration of Goal, the Goal Accelerator, a three-year employability project, dubbed ‘Sashreeka’ in collaboration with SERVE,the local implementing partner and Women Win, a global multi-dimensional women’s fund.

Funded by a USD600,000 donation from the Standard Chartered Foundation, the ‘Sashreeka’ project aims to benefit 450 young women, aged 18-35 years, from low socio-economic backgrounds living in the Colombo, Gampaha, and Kalutara districts. The initiative is designed to be inclusive, with 10% of the target being young, differently abled women.

The primary goal is to help these disadvantaged young women secure and maintain decent employment or initiate and sustain their own small businesses, ultimately achieving economic independence.

Standard Chartered Sri Lanka’s Head of Corporate Affairs, Brand & Marketing, Anuk De Silva commented: “We are proud to introduce ‘Sashreeka’, a life-changing project that will create pathways to economic independence for disadvantaged young women in Sri Lanka. Combining leadership development, economic empowerment, sports-based rights and life skills programming, we are confident that this initiative will have a lasting impact on the lives of the participants.”

The project’s holistic approach focuses on addressing multifaceted challenges faced by these young women. It includes tailored interventions, such as vocational training, self-employment opportunities, financial literacy sessions, and personalised coaching and mentorship to support the participants in achieving financial health and independence.

SERVE Executive Director, Sanjeeva de Mel said: “We are excited to embark on this journey with Standard Chartered. ‘Sashreeka’ goes beyond traditional employability programs. It is a significant step in supporting disadvantaged young women in Sri Lanka, providing them with the tools, tailored interventions, and ongoing support needed to achieve economic independence and personal growth, creating a holistic pathway towards a successful future.”

The ‘Sashreeka’ project’s unique incorporation of sports and play serves as a central component, recognising the progressive impact of these activities in developing key transferable skills, building self-confidence, and improving mental health. Each participant will receive a customised Career Acceleration Plan with continuous business development coaching to ensure sustainable progress.

Image caption – Standard Chartered Sri Lanka CEO Bingumal Thewarathanthri handing the ceremonial cheque to Executive Director of SERVE Sanjeeva de Mel.

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