SEBI in the News

Social Enterprise Success Story - Making Jamaica Great For The Disabled

Release Date: 
Tuesday, April 4, 2017

Sitting in a wheelchair is an uncomfortable experience if it isn't adjusted for you, or you are not sitting properly, says Bridgette Johnson-Beckett.

"The Portmore Self-Help Disability Organisation (PSDO) Mobility Resource Centre was developed to help individuals tackle such problems," Johnson-Beckett states. The manager of the Portmore-based centre adds that it also repairs mobility aids, and provides consultations on the adaptation of public and private spaces to the physically disabled.

PHOTO: Help for Alpha

Release Date: 
Monday, March 6, 2017

USAID Mission Director Maura Barry Boyle points to a feature on this computer in Alpha Institute’s recording studio, while thirdyear Alpha Institute student Sajay Watson, JN Foundation General Manager Saffrey Brown (standing centre) and Alpha Institute Administrator Margaret Little Watson look on last Friday. The Apple iMAC for the commercial processing of live recordings was recently presented to the institute by the Social Enterprise Boost Initiative, a joint JN Foundation, USAID project.

Deaf we can! A perfect pitch by hearing impaired entrepreneurs

Release Date: 
Sunday, March 5, 2017

Social enterprise Deaf Can Coffee has won itself a million-dollar award for topping the inaugural Pitch for Purpose competition mounted by JN Foundation through its Social Enterprise Boost Initiative (SEBI).
The team took the stage two Fridays ago to compete with four equally strong competitors who, unlike them, possessed what some would consider two of the most important senses for the occasion — the ability to speak and hear. But Deaf Can defied all odds and not only won the competition, but also took the online voting award, People’s Pitch, donated by Digicel Foundation.

The Perfect Brew

Release Date: 
Monday, February 27, 2017

Deaf Can Coffee brewed success at the SEBI Pitch for Purpose Competition last Friday evening, winning a business development award valued at $1 million. The award is earmarked to be used towards the upgrading of the Deaf Can mobile cafe. Here, Deaf Can Coffee officials Fabian Jackson (second left), assistant manager; Andrine Smith (centre), barista; and Carlisle Gabbinon (second right), manager, display the symbolic cheque and trophy with Saffrey Brown, general manager, JN Foundation; and Dane Richardson, CEO, Digicel Foundation.

JN proves itself strong on social enterprise

Release Date: 
Friday, February 24, 2017

Founded in 1874 on the concept of a social enterprise, the Jamaica National Building Society (JNBS), through its philanthropic arm, the JN Foundation, has channeled its vision to propel the social enterprise sector in Jamaica as a significant contributor to socio-economic development.

$1Million at stake in the SEBI Pitch for Purpose competition

Release Date: 
Tuesday, February 21, 2017

One of Jamaica’s leading social enterprises will be awarded a $1 million dollar development award at the SEBI Pitch for Purpose Competition to be held on February 24, 2017 at 6:00 pm at the Jamaica Pegasus.
Out of over forty submissions, the SEBI Pitch for Purpose group short-listed five applicants for the final round of the competition.
The line-up comprises: Deaf Can! Coffee, EducaTours JA, Bresheh, Aquaflow and Kimroy Bailey Robotics.

Opportunity Knocks, Part 2: The Power of The Human Connection in Business

Release Date: 
Sunday, February 19, 2017

I wrote a couple of weeks ago about the Social Enterprise Boost Initiative (SEBI) Summit, an event in support of JN Foundation’s ongoing project funded by USAID. At that event I talked to social entrepreneurs about harnessing social media in marketing one’s business.

CNN Hero to invest in SEBI's Technology-Driven Social Enterprise

Release Date: 
Wednesday, February 8, 2017

Ugandan refugee, now resident of the USA, Derreck Kayongo – founder of the US$10m Global Soap Project in Atlanta and a CNN Hero - has committed to investing in the local social enterprise company, EducaTours, as the Jamaican organisation prepares to launch its crowd-funding programme.
The Global Soap Project recycles partially used and discarded bars of soap from thousands of hotels and redistributes them to disadvantaged populations in 90 countries, where close to 2 million persons die each year due to the lack of proper hygiene.

JSE Social Exchange requires consensus definition of social enterprise

Release Date: 
Friday, February 3, 2017

Companies that earn money doing social good, such as cancer care, crime-prevention, education or faith services, can list on the Jamaica Stock Exchange (JSE), allowing stock market investors to more easily enter and exit such ventures.
The JSE wants to create a JSE Social Exchange platform for social enterprises and is working with a start-up date of mid-2018, according to Deputy General Manager Robin Levy.

JSE mulls Social Exchange platform

Release Date: 
Friday, February 3, 2017

Deputy General Manager of the Jamaica Stock Exchange Robin Levy has revealed plans to assist investors in identifying impact enterprises through the launch of a Social Exchange by June 2018.
Levy, who was speaking at the closing of the Social Enterprise Boost Initiative (SEBI) 2nd National Summit held at the Jamaica Pegasus Hotel last week, reasoned that if Jamaica is to realise the objectives of Vision 2030, investors need to support the social enterprise sector.

PHOTO:New tie, sir?

Release Date: 
Wednesday, February 1, 2017

Owner of Bartley’s All in Wood Lacey-Ann Bartley affixes a wooden bow tie to a grinning Earl Jarrett, general manager of Jamaica National Building Society, at the second staging of the Social Enterprise Boost Initiative (SEBI) Summit at the Jamaica Pegasus hotel in New Kingston on January 30. SEBI’s Project Manager Opal Whyte looks on with an approving smile. (Photo: Joseph Wellington)

http://www.jamaicaobserver.com/news/PHOTO-New-tie--sir-_88198

Government to explore making social enterprises into viable businesses

Release Date: 
Wednesday, February 1, 2017

The Government is exploring the role of social enterprises in the development of vulnerable and crime-prone communities, according to Fayval Williams, state minister in the finance and public service ministry.
Social enterprises refer to those businesses that trade to tackle social problems, improve communities, people's life chances or the environment. They make their money from selling goods and services in the open market and then reinvest their profits into the business or the local community.

Role of Social Enterprises in Community Development being Explored

Release Date: 
Tuesday, January 31, 2017

State Minister in the Finance and Public Service Ministry, Hon. Fayval Williams, says the Government is exploring the role of social enterprises in the development of vulnerable and crime-prone communities.
Social enterprises refer to those businesses that trade to tackle social problems, improve communities, people’s life chances or the environment. They make their money from selling goods and services in the open market and then reinvest their profits into the business or the local community.

Jamaica Social Exchange, powered by SEBI Summit, to kick off next week

Release Date: 
Tuesday, January 24, 2017

Powered by the Development Bank of Jamaica (DBJ), the exchange is a market place to feature a wide range of products and services available locally from 16 participating social enterprises and social entrepreneurs.
The Jamaica National (JN) Foundation, JN Small Business Limited and the DBJ will also have a presence in the space.
The event is being hosted by the JN Foundation’s Social Enterprise Boost Initiative (SEBI) in collaboration with USAID.

International speakers coming for social enterprise summit

Release Date: 
Wednesday, January 18, 2017

Hundreds of local social entrepreneurs and operators of social enterprises are expected to gather at the Jamaica Pegasus Hotel on January 30 and 31 for the staging of the 2nd National Summit for the social enterprise sector.
The event will be hosted by the Jamaica National Foundation’s Social Enterprise Boost Initiative (SEBI), in collaboration with USAID.

YOUNG ENTREPRENEURS Using Business for Social Good

Release Date: 
Sunday, January 15, 2017

Not many people think of business as an engine of social regeneration, but when designed as a social enterprise, it is capable of not only earning profits, but providing a social service which empowers people and communities as well.

 

Social Enterprises Emphasise Value ... Not Only For A Few

Release Date: 
Wednesday, January 11, 2017

I entered the social sector fresh out of The University of the West Indies, Mona nearly two decades ago; and have been firmly planted in the sector since. During this time, I learnt that most people don’t understand how truly versatile the social sector is; mainly because we grew up placing things in well-defined boxes.

 

Social Enterprises Can Boost The Economy

Release Date: 
Tuesday, December 20, 2016

"We need a factory," a resident from a south Clarendon community recently voiced as he was interviewed by a local television station about the needs in his community, a few days before the November 28 local government elections.

For many people living in rural communities, a factory has become the only panacea they can conjure up for the employment woes their communities face.

 

Pages

Video Feature

As part of the facilitation process, SEBI will provide enterprises with the opportunity to be part of a business clinic, especially those organisations that have the greatest potential for growth.

A social enterprise is a business that generates income from the sale of goods and services and uses the profits to solve issues such as: unemployment, homelessness and environmental degradation.

 

A Social Entrepreneur is an individual who establishes a for-profit enterpise with the primary objective of using the profit generated to alleviate a social, cultural or environmental challenge.