SSLVC, the venture capital arm of Stocks & Securities Ltd, is in the business of expanding the available capital of businesses in Jamaica. As a stand-alone company with its own chief executive officer, the company has the mandate from parent company, SSL Barbados, to find companies that are seeking not just financing but essentially a business partner to help them move the dial on their revenue so that all parties involved enjoy greater profits.
In speaking with Mark Croskery, executive director of SSL Barbados, the key focus is on young entrepreneurs who are determined to make it in Jamaica and want a partner equally committed.
We then spoke to the man in charge of SSLVC, Drew Gray, to get a better understanding of what exactly a venture capital fund in Jamaica does differently from a commercial bank.
Gray holds an MBA from the University of Notre Dame and has previously worked for Scotiabank and at Gray’s Pepper Products as manager for corporate stability and development and most recently at Royal Bank of Canada in group risk management.
Published in the Jamaica Observer
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