📈 IDB Launches ‘i5 Industry Excellence Journey & Awards 2026’
The Industrial Development Board (IDB) has opened free online applications for the ‘i5 | FIVE Industry Excellence Journey & Awards 2026’ to recognize and drive competitiveness across Sri Lanka's manufacturing sector. • Program Focus: Designed around the Industry 5.0 concept, combining technology, human capabilities, resilience, and sustainability to elevate manufacturing enterprises to national recognition and share best practices via case studies and videos. • Award Categories: A total of 69 awards will be presented across 21 assessment areas under three primary pillars: • Enterprise Excellence (leadership, financial performance, stakeholder management) • Industry Excellence (automation, operational efficiency, digital capabilities, environmental sustainability) • Transformation Capability (tech adoption, HR development, long-term impact) • Eligibility Criteria: • Open to small, medium, and large-scale manufacturing enterprises registered in any district of Sri Lanka. • Overview: The Industrial Development Board (IDB) under the Industry and Entrepreneurship Development Ministry has opened applications for the ‘i5 | FIVE Industry Excellence Journey & Awards 2026’ to promote productivity, innovation, and sustainability in Sri Lanka’s manufacturing sector. • Industry 5.0 Focus: Designed to prepare manufacturers for the Industry 5.0 era by integrating technological advancement, human capabilities, resilience, and sustainable growth. Success stories will be documented into case studies and videos to share best practices across local industries. • Assessment & Awards: Evaluates applicants across 3 pillars (Enterprise Excellence, Industry Excellence, and Transformation Capability) and 21 assessment areas. A total of 69 awards will be presented across small, medium, and large-scale categories. • Eligibility Criteria: • Open to small, medium, and large-scale manufacturing enterprises registered in any district of Sri Lanka. • Must have active manufacturing operations for at least 3 years (Micro-scale enterprises are ineligible). • Evaluation covers financial records, employee headcounts, and manufacturing premise inspections. • Application Details: Applications are free and must be submitted online via www.ifive.idb.lk. Deadline is Monday, 9 November 2026, at 4:00 p.m.