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Intervention:
Supporting legal framework implementation for social enterprise sector in Jamaica

Name of the intervention: Supporting legal framework implementation for social enterprise sector in Jamaica
Location: Jamaica
Partner: Planning Institute Jamaica (PIOJ)
Year: 2022

Output Area 1

Objective:

The objective of the intervention is to support relevant institutions to undertake the needed administrative reform for the successful implementation of the Legal Status Act for Social Enterprise in Jamaica (previously developed with technical assistance from the ICR Facility), when it is passed in the coming months. And to strengthen the relevant intermediaries to bridge the gap between them and social enterprise investors as well as to prepare social enterprises in Jamaica to become investor-ready.

Description:

The technical assistance includes

• Improvement and development of templates for the implementation of the Legal Status Act for Social Enterprise. This also includes training 

• Update and training of officials of the relevant institutions on the importance and use of the Social Return on Investment (SROI) tool

• Investment readiness market analysis, that explores and maps current CSR policies and potential investors with a keen interest in the social sector

• Investment readiness training on topics such as social/impact investment, public and corporate procurement, gender inclusive approach to supporting social enterprises, social stock exchange etc.,  for relevant intermediaries

Further Information and Links:

The Planning Institute of Jamaica

The Ministry of Industry, Investment and Commerce