Industrial Development Board (IDB) is a premier state organization under the Ministry of Industries in Sri Lanka. With the mandate of developing the industrial sector in the country, IDB plays a crucial role in supporting new businesses and startups. They offer a comprehensive package of services including identifying business opportunities, improving quality and productivity, conducting project feasibility studies, providing management development and consultancy, facilitating business information and linkages, promoting product development and innovation, and offering infrastructure facilities.

IDB also provides step-by-step guidance for entrepreneurship through their Business Idea, Start Up, Existing Business, and Export Ready services. They have a wide range of expert services such as engineering, laboratory, digital marketing, and more. Additionally, IDB offers training and workshops across 20 industry sectors, a business profile platform to showcase enterprises, an investor pool for funding opportunities, a land bank for acquiring suitable land, and a job portal for finding employment.

By empowering businesses and entrepreneurs, IDB aims to boost the economy, create employment opportunities, and contribute to overall economic development in the country