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  • Persons between 18 and 29 years old who live or have business interests in Kingston and St. Andrew, can now benefit from a $2 million economic development programme being implemented by the KSAC.
  • Dubbed the ‘Enterprise Assistance Programme’, the initiative, which is aimed at facilitating financial growth within the Municipality, includes three components: financial assistance; training and development; and mentoring/technical support.
  • Minister of State in the Ministry of Local Government and Community Development, Hon. Colin Fagan, said the initiative is critical as it will provide employment opportunities for persons within the municipality as well as boost the micro, small and medium-sized enterprise (MSME) sector.

Persons between 18 and 29 years old who live or have business interests in Kingston and St. Andrew, can now benefit from a $2 million economic development programme being implemented by the Kingston and St. Andrew Corporation (KSAC).

Dubbed the ‘Enterprise Assistance Programme’, the initiative, which is aimed at facilitating financial growth within the Municipality, includes three components: financial assistance; training and development; and mentoring/technical support.

Speaking at the official launching ceremony, on February 2, at the KSAC, downtown Kingston, Minister of State in the Ministry of Local Government and Community Development, Hon. Colin Fagan, said the initiative is critical as it will provide employment opportunities for persons within the municipality as well as boost the micro, small and medium-sized enterprise (MSME) sector.

“It is a known fact that entrepreneurs at the micro, small and medium-sized enterprise level have a history of innovation and credit worthiness, which makes the development of this sector even more worthwhile,” he said.

Mr. Fagan lauded the KSAC for implementing the initiative which, he said, will address the creation of business standards; issue grants to start-up and existing businesses; as well as teach people how to be successful entrepreneurs.

In the meantime, he said a total of 12 Local Economic Development projects are at various stages of implementation islandwide, providing opportunities for over 500 persons.

The projects cover a range of interests, including recycling, banana cultivation, juice production, irrigation systems and crop storage.

“Local Economic Development is, of course, dependent on and critical to, community development, and it is from this mutually dependent relationship that national economic growth and development will ultimately come,” he said.

The State Minister said the projects result from  a partnership between the Governments of Jamaica and Canada and is aimed at transforming the lives of individuals and communities through entrepreneurship.

Deputy Mayor of Kingston, Councillor Andrew Swaby, said the programme will create sustainable economic activities that will benefit the residents of the Municipality.

“One of the aims of this programme, is to provide training and financial assistance towards business development for persons wanting to start a business, those expanding, and those wanting to diversify existing micro and small businesses in the KSAC,” he said.

The Deputy Mayor added that it is keeping with the strategic objective of the KSAC, which aims at keeping the municipality clean, safe and thriving; serving the citizens, and other stakeholders; and attracting and increasing the flow of cash, and cultivating a culture of effectiveness in the Council.

Programme Manager, Jenni Headlam, said at least 22 businesses will benefit directly from the initiative. “The benefit however does not stop there as another 10 or 15 local businesses may be contracted by successful applicants in the supply of goods and services,” she said.

The Enterprise Assistance Programme is intended to nurture and develop Micro, Small and Medium-sized Enterprises, and is a critical component of the Local Economic Development Programme of the Ministry of Local Government and Community Development

Further information can be found on the Kingston and St. Andrew Corporation’s website at: www.ksac.gov.jm. Persons may also send queries to ksac.led.programme@gmail.com

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