Launched BREAKTHROUGH


 JXG, together with The Ceylon Chamber of Commerce, launches BREAKTHROUGH to
advance national entrepreneur development
JXG (Janashakthi Group), together with The Ceylon Chamber of Commerce, has launched
BREAKTHROUGH, a National Entrepreneur Development Programme aimed at identifying
and supporting promising businesses across Sri Lanka, helping entrepreneurs overcome
barriers to growth, strengthen their capabilities and realise their commercial potential.
At a time when Sri Lanka's economic progress depends on developing competitive
businesses, generating employment, creating new industries and expanding opportunities
beyond domestic markets, BREAKTHROUGH represents a significant private-sector
commitment to supporting the country's entrepreneurial talent. While Sri Lanka has
produced businesses that have grown into internationally recognised enterprises, many
promising entrepreneurs continue to face challenges in accessing capital, professional
heir operations.
expertise, business networks and the quidance needed
The initiative draws inspiration from the entrepreneurial journey of JXG's Founder and
Chairman Emeritus, C.T.A. Schaffter, whose pioneering contributions to Sri Lanka's
insurance industry and ventures across several other business sectors helped shape the
Group. Demonstrating an ability to recognise opportunities beyond his established field of
insurance, Mr. Schaffter ventured into different industries, including education,
manufacturing, exports and agriculture, taking calculated risks to build successful
businesses. His journey reflects the entrepreneurial conviction to look beyond conventional
boundaries, explore new possibilities and turn opportunities into successful business
ventures.
Ramesh Schaffter, Managing Director/Group CEO of JXG, said, "The entrepreneurial journey
of our Founder and Chairman Emeritus, C.T.A. Schaffter, has taught that building a
business requires the courage to pursue opportunities beyond what is familiar, takbold
decisions and commit to turning an idea into something tangible.His decision to venture
into the d-
J.eo Votmale in 1978, is
induste.
founding Kot
dairy in
y while building his career in insurance,
reflection of that mindset.
"Look at what Sri Lankan entrepreneurs have achieved.Expolanka grew from a fresh
produce business into a global logistics operation. Virtusa, co-founded by Sri Lankan Kris
Canekeratne, developed from a small team working between Boston and Colombo into a
global technology company. Vega Innovations took on the ambitious challenge of
developing an electric supercar through local engineering capabilities. These businesses
did not begin at the scale at which we know them today. They grew because people were
prepared to think beyond existing boundaries, take risks and pursue opportunities that
others might have considered difficult to achieve.
"We need to create more opportunities for Sri Lankan entrepreneurs to take those steps.
There are businesses across the country with the potential to grow, innovate, create
employment and make a meaningful contribution to the economy. Yet, many need access to
capital, professional expertise and experienced guidance to move beyond their current
capabilities. Through BREAKTHROUGH, JXG is making its business experience and
professional capabilities available in support of this national cause. Together withThe
Ceylon Chamber of Commerce, we want to give promising entrepreneurs the means and

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