Susan Smith, Staff Reporter
Winners of the Private Sector Organisation of Jamaica Job creation award. From left is Donny Baugh of Restaurants of Jamaica, Lois Christie of Prism Communications, Peter Morris of Jamaica Producers Group Limited. Also present are Beverley Lopez (right) President of PSOJ and Patrick Casserly guest speaker at the Private Sector Organisation of Jamaica, (PSOJ) Job Creation awards ceremony held yesterday at the Terra Nova Hotel. - Rudolph Brown/Chief Photographer
JAMAICA NEEDS people to share the risk with entrepreneurs to create value in their businesses," says Chief Executive Officer of e-Services Group International, Patrick Casserly.
He said he was speaking on behalf of the investors who launch into business and get limited support from the society by being denied access to venture capital or an adequately trained labour force.
Mr. Casserly was addressing participants at the Private Sector Organisation of Jamaica's(PSOJ) Job Creation Awards Ceremony for March, held yesterday at the Terra Nova Hotel in St. Andrew.
"Sharing of risk is critical," he said, using his own business experience to underscore his point. He noted that when he started e-Services in an old rice warehouse, many persons were skeptical. Today, "Our payroll contribution to the economy last year was in excess of $51 million, " he said.
Mr. Casserly also believes there is an absence of belief in Jamaica amongst Jamaicans while overseas investors display greater confidence in the ability of the economy.
He congratulated the companies who received awards for creating jobs.
Restaurants of Jamaica, Prism Communications and Jamaica Producers Group Limited were the three companies awarded at March's PSOJ Job Creation ceremony .
Restaurants of Jamaica was awarded for creating 112 new jobs with its newest operations in the Angels' Plaza.
Prism Communications was recognised for the small business employing fifteen persons within a three year period while Jamaica Producers Group Limited earned a special award for continually creating jobs for a period surpassing 70 years. The company was incepted in 1929, making it 76 years old this year.
