Page 81 - JSIF Magazine Approved-v2-web4

1. Revised closing date; 2. Revised closing date; 3.This amount includes a grant of US$124,000; 4. Original closing date 2010; 5. US$0.8M was allocated to

Jamaica and US$1M for the OECS countries; 6. The NCDP 2 was rescoped and was implemented as the Rural Economic Development Initiative (REDI); 7.
Original closing date 2011

closed project management support

# Project Name Funding Source Implementation Currency Funding Value Funding Type
Period JMD (M)
1 Step Up Project Jamaica Technical
Public Service 2014 - 2016 $58 Support
Company
2014 - 2016
2 Early Stimulation Ministry of JMD Not Appicable Technical
2016 - 2017 Support
Assessment Centre Upgrade Labour & Social

Phase 1 & 2 Securirty

3 #JPSEMPOWERED (1) Jamaica JMD $79 Technical
Public Service Support
Company

JSIF’s Operations

The Project (JSIF) consists of a sub-project component and an organisational component.

In respect of the sub-project component, approximately 75% of the Fund’s budget is allocated to the funding of sub-projects, ie the
interventions directly benefitting our target groups. The remaining 25% is used for institutional support in the form of expenditure
related to staff, office, administrative, and technical assistance expenses.

Management
JSIF is managed by a Board, appointed by the Office of the Prime Minister. The Board of Directors is comprised of 10 persons drawn
from the public, private and non-governmental sectors. The Board meets at least once per month and has overall responsibilities
for approving sub-projects and related contracts. A Managing Director, who is an ex-officio member of the Board, directs JSIF’s
day-to-day operations.

Staff Complement
The staff complement of JSIF fluctuates within the range of 80 – 100 employees depending on the number of Portfolios being
managed at any one time.

JSIF Operational Approaches Partnerships & Participation
In order to achieve the desired outcomes, the organizational The Fund supports the strengthening of civil society, line
structure supports good governance, as well as responsiveness ministries and the private sector and encourages the
to actual and emerging needs. Ongoing monitoring and involvement and participation of stakeholders in decision-
periodic evaluation of project activities and other indicators making, sharing of information and the standardisation of
ensure strong organizational performance. Communication procedures and processes. To achieve these goals JSIF has
of achievements and outcomes is ensured through project- formed partnerships with key organisations, Ministries and
specific visibility requirements, as well as through various public Executive Agencies, members of the private sector, and service
awareness methods. Collaboration with key stakeholders clubs such as Kiwanis. Non-Governmental Organisations
including Ministries Department and Agencies, communities, (NGOs) have sponsored a wide range of projects which have
civil society, private sector and donor partners is key to the received support from the Fund.
successful achievement of the organisation’s goals to empower
communities and drive socio-economic development.

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