State Minister in the Ministry of Industry, Commerce, Agriculture and Fisheries, Hon Floyd Green, says that social enterprises are critical in addressing Jamaica’s social issues and accelerating economic growth and development.

Social enterprises are businesses with primarily social objectives, and whose surpluses are reinvested in their business or the community. Their primary mission is to solve social, economic or environmental problems at community or national level through effective and ethical business practices. They have the dual responsibility of creating social value and ensuring financial viability.

According to the minister, the social enterprise model has shown particular strength in addressing issues related to inclusion of the marginalized such as youth, rural women and persons with disabilities.

Minister Green was speaking at the second hosting of the National Social Enterprise Consultation Forum at the Mandeville Hotel in Manchester on November 13.

READ MORE AT THE MINISTRY OF INDUSTRY, COMMERCE, AGRICULTURE & FISHERIES