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By Nickieta Sterling
KINGSTON, Jamaica (JIS) – The St James Municipal Corporation has doubled its support to small entrepreneurs in the parish under the Local Economic Development (LED) Programme.
Chief executive officer (CEO) at the Corporation, Gerald Lee, said that $10 million is being spent this fiscal year to assist some 400 persons in push-starting business operations.
Approximately $5 million was allocated under the programme during the last fiscal year, which benefited 200 entrepreneurs.
Lee was speaking to JIS News at the 2019 LED programme launch and training session for grantees at the Montego Bay Cultural Centre Thursday (June 27).
He noted that the LED programme, which is an initiative under local government reform, seeks to engage persons in economic activity that can allow them to improve their livelihood and take care of their families, and ultimately empower communities.
Lee told JIS News that persons would be provided with grants of up to $50,000 each to develop a small business and they will be monitored to ensure that the ventures are sustained.
“We have a local economic development officer, who monitors the programme and ensures that it is workable and that the persons who are making applications for these grants really qualify. If they are going to go into chicken rearing, we ensure that they provide the infrastructure and then we provide them with the working capital to start the business,” he said.
Mayor of Montego Bay and chairman of the St James Municipal Corporation, councillor Homer Davis, encouraged the beneficiaries to commit to growing their businesses through profit retention.
“If we can empower our people, then you will realise your dreams of taking care of yourself and taking care of your children… this initiative is one for you because we want to see an improvement in your living standard. So, I want you to…
By Nickieta Sterling
KINGSTON, Jamaica (JIS) – The St James Municipal Corporation has doubled its support to small entrepreneurs in the parish under the Local Economic Development (LED) Programme.
Chief executive officer (CEO) at the Corporation, Gerald Lee, said that $10 million is being spent this fiscal year to assist some 400 persons in push-starting business operations.
Approximately $5 million was allocated under the programme during the last fiscal year, which benefited 200 entrepreneurs.
Lee was speaking to JIS News at the 2019 LED programme launch and training session for grantees at the Montego Bay Cultural Centre Thursday (June 27).
He noted that the LED programme, which is an initiative under local government reform, seeks to engage persons in economic activity that can allow them to improve their livelihood and take care of their families, and ultimately empower communities.
Lee told JIS News that persons would be provided with grants of up to $50,000 each to develop a small business and they will be monitored to ensure that the ventures are sustained.
“We have a local economic development officer, who monitors the programme and ensures that it is workable and that the persons who are making applications for these grants really qualify. If they are going to go into chicken rearing, we ensure that they provide the infrastructure and then we provide them with the working capital to start the business,” he said.
Mayor of Montego Bay and chairman of the St James Municipal Corporation, councillor Homer Davis, encouraged the beneficiaries to commit to growing their businesses through profit retention.
“If we can empower our people, then you will realise your dreams of taking care of yourself and taking care of your children… this initiative is one for you because we want to see an improvement in your living standard. So, I want you to…
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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
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