A programme to recognise and highlight recently established small businesses and provide them with necessary publicity and support to enhance their operations, was launched yesterday (March 2) at the Knutsford Court Hotel in New Kingston.
A partnership between the Jamaica Manufacturers’ Association (JMA) and Continental Baking Company Limited (National Baking), the initiative dubbed: ‘The Bold Ones: New Champions of Manufacturing’ will focus on new and successful businesses that have displayed excellence in their products, having met several criteria in the process.
These include, but are not limited to, being in business for less than seven years; employing five or more persons; is tax compliant; and uses indigenous resources in their production.
The companies will be provided with the opportunity and assistance to enhance the visibility of their products through avenues such as the Expo Jamaica 2010 trade show, which will be held from June 17 to 20, 2010 at the National Arena in Kingston. A total of 18 companies have been shortlisted, with the final selections to be announced at the end of March.
Minister of State in the Ministry of Industry, Investment and Commerce, Hon. Michael Stern (centre) engaging in discussion with Owner, Adduci Jamaican Cigar, Joseph Adduci (right) and Managing Director, Jamaican Yaad Style, Leighton Henry during the launch of ‘The Bold Ones: New Champions of Manufacturing’ initiative at the Knutsford Court Hotel, New Kingston yesterday (March 2). The initiative seeks to highlight and recognise the contribution of various enterprises to the economy.
Speaking at the launch, Minister of State for Industry, Investment and Commerce, Hon. Michael Stern, lauded the effort, noting that it will add to the programmes already being undertaken by the Government to promote Jamaica’s economic development by strengthening the small business sector.
He said that the success of small businesses can help to inspire an entire generation of Jamaican entrepreneurs, who will be proud to have their products read: ‘Made in Jamaica!’
“You are the bold ones! Through your innovation, enterprise and determination, you can help to turn around this important sector, which is the bedrock if we are going to move forward,” he stated.
Chairman of Continental Baking Company, Gary Hendrickson, in his remarks, explained that by highlighting these enterprising and successful small businesses, the hope is to inspire other Jamaicans to take the initiative to explore their own possibilities.
President of the JMA, Omar Azan, in the meantime, noted that the manufacturing sector has remained resilient contributing US$1,244.7 million to foreign exchange earnings and 8.5 per cent of gross domestic product, employing 70,000 persons. “Our productivity has out performed many other sectors,” he stated.
In addition to participating in the June trade show, the “bold ones” will be featured in an ‘ads on wheels’ campaign, through attention-grabbing wrap graphics, which will be placed on some of the National Baking Company’s over 100 delivery trucks across the island. A video series on the entrepreneurs will be produced for local television channels showing the process of planning, interaction with suppliers, focused implementation, and hard work that goes into a successful business.
Minister of State in the Ministry of Industry, Investment and Commerce, Hon. Michael Stern (right), is in discussion with Managing Director, Home Choice Enterprise Ltd, Kareema Muncey during the launch of ‘The Bold Ones: New Champions of Manufacturing’ initiative at the Knutsford Court Hotel, New Kingston yesterday (March 2). The initiative seeks to highlight and recognise the contribution of various enterprises to the economy.
Business-oriented supplements/programmes, features and interviews will be made available, in addition to newspaper features, which will encourage public support.
Expo Jamaica 2010 is a partnership of the JMA and the Jamaica Exporters Association (JEA) and will be held under the theme: ‘Brand Jamaica to the World!’
The event will promote the world class quality products and services that Jamaica has to offer in an effort to expand sales, enhance the visibility of products made in Jamaica, and drive the consumption of locally manufactured goods.
It will also highlight the significant contribution of manufacturers, exporters and service providers to Jamaica’s socio-economic development by creating jobs, earning foreign exchange, and contributing to government revenue.