Diaspora Encouraged To Support Newly Established Jamaica Social Stock Exchange (JSSE)
Members and organisations in the diaspora are being encouraged to support the newly established Jamaica Social Stock Exchange (JSSE).
An initiative of the Jamaica Stock Exchange (JSE), the JSSE, which was launched in January by Prime Minister Andrew Holness, is designed to facilitate funding, through donations, for the activities of entities involved in social programme delivery to the society’s most vulnerable and marginalised citizens.
Addressing delegates during the Eighth Biennial Jamaica Diaspora Conference on Monday, Foreign Affairs and Foreign Trade Minister, Senator Kamina Johnson Smith, described the JSSE as an exciting concept and expansion of what many in the Diaspora are already doing… making investments in Jamaica.
Noting that the dividends are not only monetary but also social, Senator Johnson Smith expressed the hope that diaspora donors and investors can be matched with the social business enterprise projects of the organisations already approved for funding under the JSSE.
These are …the Agency for Inner-city Renewal (AIR), which undertakes interventions to address unemployment and challenges facing young people in marginalised communities; Choose Life Jamaica, which provides counselling and other support to prevent suicides; DeafCan, which facilitates productive engagements (incorporating coffee production) for persons with hearing impairment; Praise Jamaica, which engages in interventions offering support to stabilise youngsters in school and Alpha School of Music.
She encouraged everyone to get involved in this great initiative as they continue to seek new investors while expressing thanks to the JSSE directors, including their chairman, Professor Neville Ying, who are volunteering their services to make this initiative a reality.