Junior Achievement Cayman Islands

Empowering young people to own their economic success

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CI Government gets behind Junior Achievement

The Cayman Islands Government Ministries for Education and Youth have joined in support of Junior Achievement of the Cayman Islands by becoming the programme’s latest Corporate Ambassador.

The Minister for Education, the Hon. Rolston Anglin said he was pleased to support the youth of Cayman through the Junior Achievement programme and help them explore their personal potential.

“Junior Achievement dedicates itself to youth development, financial literacy and workforce readiness,” he said. “By partnering with Junior Achievement we hope to help create and inspire tomorrow’s leaders.”

The Minister for Youth, the Hon. Mark Scotland said he hoped the government’s sponsorship encouraged other businesses to pledge their financial support to Junior Achievement and to get behind this important organisation.

“By becoming a Corporate Ambassador you can become a vital role model – inspiring Cayman’s youth to succeed, believe in themselves and empower them to make a difference in the world,” he said. “The JA programmes provide our youth with skills they can utilize throughout their lifetime.”

President of Junior Achievement of the Cayman Islands, Mr Paul Byles said Junior Achievement’s unique approach allowed volunteers from the business community to deliver JA curriculum while sharing their experiences with the students.

“Junior Achievement’s unique hands-on programs are brought to life by volunteers from Cayman’s dedicated business community,” he said. “Business leaders can provide support in many ways and we invite interested organisations to contact us to find out how they can become involved.”

Junior Achievement is celebrating its 20th Anniversary in the Cayman Islands in 2012. It is supported by many corporate sponsors including its eight Corporate Ambassadors: HSBC, Rotary Central, Dunkin’ Donuts, Caledonian Global Financial Services, Maples and Calder, BDO, Cayman Islands Government and Cayman Islands Chamber of Commerce. For more information about becoming a Corporate Ambassador, please e-mail Paul Byles through Junior Achievement at jacayman@candw.ky.

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Maples and Calder joins growing list of Junior Achievement Corporate Ambassadors

Junior Achievement of the Cayman Islands recently received valuable support from one of Cayman’s most highly respected global law firms, Maples and Calder, as the firm joined a growing list of the programme’s new Corporate Ambassadors.

Speaking about the firm’s commitment to the education and development of Cayman’s young people, Managing Partner of Maples and Calder’s Cayman office, Paul Lumsden said they were delighted to be able to commit to the Junior Achievement programme for the next three years, a requirement for all Corporate Ambassadors.

“Maples and Calder is delighted to support a programme so dedicated to developing Cayman’s talent of the future,” Mr. Lumsden said. “Becoming a Corporate Ambassador of this Junior Achievement programme means we are able to ensure its sustainability, a crucial benefit which enables the programme to plan strategically for its future.”

Expressing his delight in this latest sponsorship addition, Mr. Paul Byles, President of Junior Achievement said that the programme assisted young people not only in their career path but in so many other ways as well.

“We are deeply appreciative of the support we have received from our Corporate Ambassadors such as Maples and Calder,” he stated. “Young people who participate in the Junior Achievement programme benefit from obtaining a wide ranging set of skills that will help them reach their potential in so many ways. They learn about the power of collaboration, the relevance of hands-on learning and the passion to succeed with integrity and honesty, all vital life skills that they can draw from for the rest of their lives.”

The new Corporate Ambassador sponsorship level was developed by the Junior Achievement Board in 2011 as a means of ensuring continuity and sustainability and the programme has already attracted support from several of Cayman’s top companies as they all see the worth of investing long term in Cayman’s future. Corporate Ambassadors are required to donate $10,000 each year over a three year time span and Mr. Byles said that Junior Achievement always welcomed additions to the sponsorship programme.

Junior Achievement is celebrating its 20th Anniversary in the Cayman Islands in 2012. It is supported by many corporate sponsors including its eight Corporate Ambassadors: HSBC, Rotary Central, Dunkin’ Donuts, Caledonian Global Financial Services, Maples and Calder, BDO, Cayman Islands Government and Cayman Islands Chamber of Commerce. For more information about becoming a Corporate Ambassador, please e-mail Paul Byles through Junior Achievement at jacayman@candw.ky.

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Dunkin’ Donuts Supports Junior Achievement

One of Cayman’s most dynamic and fast growing food chains, the coffee and baked goods global giant Dunkin’ Donuts, is pleased to join the Junior Achievement of the Cayman Islands Corporate Ambassador programme, underscoring the company’s commitment to the Islands and in particular, its youth.

Dunkin’ Donuts Cayman General Manager Mr. Hugo Moran said: “We are happy to support the Junior Achievement programme as a Corporate Ambassador as we believe in the integrity of the programme and its ability to help young people successfully function and succeed once they have left school and have taken the giant step into the fast-paced corporate environment.”

Mr. Moran continued that in order to succeed in business young people had to be well versed in all aspects of the business environment, possessing sound financial skillsets as well as the ability to think critically and strategically.

“We believe that the Junior Achievement programme plays an important part in this skillset development and we want to do our part by giving our support,” he said.

Mr. Paul Byles, President of Junior Achievement said that the programme managed to achieve this by providing students with the chance to develop a wide set of skills that help them operate and adapt in today’s pressurised and quickly changing work environment.

Mr. Byles commented: “Junior Achievement allows young people to develop their entrepreneurial skills which will in turn give them a sound base for whatever career they choose to pursue. Not only that, the skills they will develop will also be crucially important to the students outside the workplace. Junior Achievement creates sound business managers, creative thinkers, strategic planners and ultimately valuable community leaders.”

The newly developed Corporate Ambassador programme was launched last year to retain continuity within the programme by having each Corporate Ambassador commit to donating $10,000 annually over a period of three years, thereby providing a steady stream of funds for the foreseeable future.

Mr. Byles said: “Corporate Ambassadors are essentially investing in the youth of the Islands and we encourage all to come on board and support such an important programme for the betterment of Cayman’s future.”

Junior Achievement is celebrating its 20th Anniversary in the Cayman Islands in 2012. It is supported by many corporate sponsors including its seven Corporate Ambassadors: HSBC, Rotary Central, Dunkin’ Donuts, Caledonian Global Financial Services, Maples & Calder, BDO and Cayman Islands Chamber of Commerce. For more information about becoming a Corporate Ambassador, please e-mail Paul Byles through Junior Achievement at jacayman@candw.ky.

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Caledonian adds its support as a Corporate Ambassador for Junior Achievement

Playing a crucial role in the development of Cayman’s future leaders, the Junior Achievement programme of the Cayman Islands recently welcomed Caledonian Global Financial Services as one of its latest Corporate Ambassadors.

With offices in the British Virgin Islands, the Isle of Man, Orlando, New York as well as the Cayman Islands, Caledonian Global Financial Services is a truly global company and, as a leader within Cayman’s financial services industry, the group has ensured that social responsibility is part of the foundation of its operations, which include banking, global fund administration, captive insurance management and fiduciary services. Caledonian Global Financial Services CEO Barry McQuain said: “We take great pride in being able to contribute to the communities in which we have offices. Social responsibility and the importance of involvement has been a cornerstone for us in terms of how we operate, and has played an important role for us as a group since Mr. William Walker first established Caledonian over forty years ago.” The group was especially delighted to be able to contribute to the Junior Achievement programme, Mr. McQuain said, because Caledonian recognised the important role the programme played in grooming young people for the workforce by providing them with opportunities to develop and apply their creative thinking, leadership skills and business acumen. Skills learnt on the Junior Achievement programme would benefit students inside and outside the workplace, Mr. McQuain said. Mr. Paul Byles, President of Junior Achievement said that they had created the new position of Corporate Ambassador to offer businesses in Cayman the chance to play an integral part in this truly important and dynamic programme.

“Junior Achievement helps to bridge the gap between school and the working environment by giving students the chance to participate in a hands-on, real-life business environment,” he explained. “Our Corporate Ambassadors, of which we now have seven, commit to donating an annual $10,000 for a 3-year term which means we can build a solid foundation to ensure that the programme can continue into the future. We are truly thankful to all our sponsors for supporting the programme in this way.”

Junior Achievement is celebrating its 20th Anniversary in the Cayman Islands in 2012. It is supported by many corporate sponsors including its eight Corporate Ambassadors: HSBC, Rotary Central, Dunkin’ Donuts, Caledonian Global Financial Services, Maples & Calder, BDO, Cayman Islands Government Ministries of Education and Youth and the Cayman Islands Chamber of Commerce. For more information about becoming a Corporate Ambassador, please e-mail Paul Byles through Junior Achievement at jacayman@candw.ky.

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JA Says Thanks to Ambassadors

Junior Achievement of the Cayman Islands recently said a big thank you to its top corporate sponsors, at a luncheon held at The Brasserie in their honour. In attendance were representatives of all eight Junior Achievement Corporate Ambassadors: HSBC, Rotary Central, Dunkin’ Donuts, Caledonian Global Financial Services, Maples & Calder, BDO, The Cayman Islands Government and the Cayman Islands Chamber of Commerce. Each was presented with a crystal trophy in thanks for their support.

Mr. Paul Byles, President of Junior Achievement, hosted the event and said that it was organisations such as these corporate sponsors who enabled Junior Achievement to carry out its much-needed programmes, which play such a key role in developing Cayman’s youth to be future leaders.

“Ensuring that Cayman’s young people have the opportunity to experience and understand the demanding corporate world before they leave school is a vital component of the Junior Achievement programme,” he stated. “In this way they can begin to prepare themselves for the highly competitive business environment in which we operate today. The continued support we receive from our Corporate Ambassadors means we are able to continue to offer this important stepping stone from school to work. We are therefore deeply grateful to all of our Corporate Ambassadors who have given so generously to the programme.”

Also in attendance at the luncheon was Mark Scotland, Minister for Health, Environment, Youth, Sports and Culture, whose Ministry has joined with Ministry of Education to become a Corporate Sponsor.

Minister Scotland commended those corporate sponsors who had made the effort to support such a critical programme for Cayman’s youth, lending his whole-hearted support to Junior Achievement.

“Young people need to be able to adapt in a quickly changing and extremely pressurised environment, no matter what career path they choose,” Minister Scotland said. “Programmes such as Junior Achievement help to build a foundation from which they can grow and learn, teaching them not only entrepreneurial skills but also, more broadly, life lessons, thereby setting them off on a path to a successful future.” The newly developed Corporate Ambassador programme was launched last year to retain continuity within the programme by having each Corporate Ambassador commit to donating $10,000 annually over a period of three years, which provides a steady stream of funds for the foreseeable future.

Junior Achievement is celebrating its 20th Anniversary in the Cayman Islands in 2012 and Mr. Byles hopes that many more organisations and businesses will come on board this year to help further strengthen the programme. For more information about becoming a Corporate Ambassador, please e-mail Paul Byles through Junior Achievement at jacayman@candw.ky

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HSBC donates $30,000 to Junior Achievement

HSBC Cayman has announced its commitment to the Cayman Islands Junior Achievement ‘Corporate Ambassador’ programme by promising an annual donation of $10,000 for a three year term.

Mr Gonzalo Jalles, Chief Executive Officer of HSBC Cayman said the bank was pleased to partner with Junior Achievement of the Cayman Islands to help build the minds of tomorrow.

“We believe in the potential of every child participating in the wonderful programmes run by Junior Achievement, and it is this belief that motivates us to make a positive impact in the lives of these children and the Cayman community,” he said.

“This donation is an investment in the future of the youth of our Islands. Through our partnership with Junior Achievement we believe we can make a real difference.”

HSBC and Junior Achievement Worldwide have a long-standing relationship, having collaborated for over 65 years in the United States and more than 25 years in the United Kingdom.

“HSBC has committed to support the communities in which we live and work with a focus on education, so becoming a local Corporate Ambassador was a natural fit for us,” Mr Jalles said.

Mr Paul Byles, President of Junior Achievement said he was grateful for the commitment offered by HSBC and was pleased the new Corporate Ambassador programme was attracting the support of some of Cayman’s leading businesses.

“Large donations such as those promised through the Corporate Ambassadors program enable us to make long-term, strategic plans for Junior Achievement Cayman,” he said.

“And through realizing these plans we will have a positive and sustainable impact on the school children of Cayman.”

The focus of the Junior Achievement programme is on nurturing and developing participants and building their educational ambitions by providing opportunities for social development, academic enrichment and personal growth.

Junior Achievement is celebrating its 20th Anniversary in the Cayman Islands in 2012. It is supported by many corporate sponsors including its seven Corporate Ambassadors: HSBC, Rotary Central, Dunkin’ Donuts, Caledonian Global Financial Services, Maples and Calder, BDO and Cayman Islands Chamber of Commerce.

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BDO gives boost to Junior Achievement new Ambassador sponsorship program

One of the world’s top audit firms has thrown its support behind a new sponsorship program aimed at bringing in much needed funds for Junior Achievement of the Cayman Islands.

The new ‘Corporate Ambassador’ program was launched by the new Junior Achievement board in the latter part of 2011. Mr Paul Byles, President of Junior Achievement explained that the new top tier sponsorship level would mean long term sustainability for the JA program.

“An ‘Ambassador’ corporate sponsor pledges to support Junior Achievement through an annual donation of $10,000 for a 3-year term,” said Mr Byles.

Junior Achievement is dedicated to educating students about workforce readiness, entrepreneurship and financial literacy through experiential, hands-on programs. The programs help prepare young people by showing them how to generate and manage assets, create jobs which make their communities more robust, and apply entrepreneurial thinking to the workplace.

Mr Paul Arbo, Partner BDO Cayman, said his company was proud to become a JA Ambassador as it was a great opportunity to participate in programs benefiting youth during BDO’s tenth year of business in Cayman.

“Junior Achievement provides a valuable support framework to enable students to realise their potential,” he said. “BDO is committed to the sustainability of this important initiative and the benefits it will bring, not only to participants, but also to their families, schools and the Cayman community.”

“Junior Achievement’s young people inspire us with their abilities and leadership skills and the contributions they make in our community will help define where the Cayman Islands heads in the 21st Century,” Mr Arbo said.

“The focus of the JA program is on nurturing and developing participants and building their educational ambitions by providing opportunities for social development, academic enrichment and personal growth,” Mr. Byles said.

“Young people represent Cayman’s future and it’s important we give them the encouragement and support they need to make their mark,” he said. “The Junior Achievement program gives important skills to our future community leaders and I encourage the Cayman business community to support this worthy organisation by becoming an Ambassador sponsor.”

Junior Achievement is celebrating its 20th Anniversary in the Cayman Islands in 2012. It is supported by many corporate sponsors including its seven Corporate Ambassadors: HSBC, Rotary Central, Dunkin Donuts, Caledonian Global Financial Services, Maples & Calder, BDO and Cayman Islands Chamber of Commerce.

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JA Ethics course supported by Rotary Central

Rotary Central has helped introduce Cayman’s future business leaders to the importance of business ethics by providing volunteer support to Junior Achievement’s high school program, JA Business Ethics.

Year 12 students at the Cayman Islands Further Education Center (CIFEC) completed the seven-week course through highly interactive sessions aimed at introducing students to the basic terminology, theories and concepts common to the study of ethics.

Rotarian Mario Ebanks, head of Rotary Central’s Ethics Committee said it was encouraging to see how quickly students grasped the concepts of the course and recognized its significance for the business world today.

“Ethical and responsible business practices are the backbone of a thriving community,” he said. “One of the objectives of Rotary is to encourage and foster high ethical standards in business and professions so participating in this program was a natural fit for us.”

“Our Rotarian volunteers used their life and business experiences to demonstrate the concepts and principles and help guide Cayman’s future leaders to factor in ethical considerations when making business decisions,” Mr Ebanks said.

“One of the hallmarks of Rotary is the “4-way Test” – a blueprint for making ethical decisions and a standard for ethics in business management today,” Mr Ebanks said. “Collaborating with the Junior Achievement team through this program has meant we have hopefully passed on to these young people one of the core fundamentals of the Rotarian spirit.”

Mr Paul Byles, President of Junior Achievement of the Cayman Islands said the JA Business Ethics program had been created to instill a culture of responsibility among future corporate leaders.

“Events in recent corporate history show that the JA Business Ethics program could not be more relevant or important to the sustainability of business around the world,” Mr Byles said.

Rotary Central volunteers participating in the program included Len Layman, Dr. Naude Dryer, Paul Arbo, as well as David Kirkaldy of Rotary Grand Cayman and Mike Garofalo of BDO.

“We hope the JA Business Ethics program will have a long-term impact on the lives of these young people and will result in a better community and economy for these Islands,” Mr Ebanks said.

Junior Achievement is celebrating its 20th Anniversary in the Cayman Islands in 2012. It is supported by many corporate sponsors including its seven Corporate Ambassadors; Rotary Central, HSBC, Chamber of Commerce, Dunkin Donuts, Caledonian Global Financial Services, Maples, and BDO.

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Junior Achievement Cayman Celebrating 20 Years

With the launch of Junior Achievement 2011 underway and the 20th anniversary of the program in the Cayman Islands being celebrated, Paul Byles, President of Junior Achievement of the Cayman Islands, said the program could not be possible without the generous support and involvement of Cayman’s business community.

“The Cayman business community is an integral part of the ongoing viability and success of Junior Achievement in the Cayman Islands,” he said. “We thank all of the individuals and businesses that over the past 20 years have worked to ensure every child has access to the economic and financial knowledge they will need for the future,” he said.

“Participating in Junior Achievement as a sponsor or volunteer helps foster the entrepreneurial spirit of Cayman’s youth by inspiring them to start a business, define a career plan and make better financial decisions.”

Mr Byles said Cayman’s student have the innovation and drive but require assistance and mentoring in order to provide them with the skills for running a business.

For 20 years Junior Achievement has answered this call by providing Cayman’s youth with the knowledge they need to plan for their future and make smart academic and economic choices.

Though the various Junior Achievement programs young people experience a traditional education of maths, english, science and so on, but today they also need to be taught how to be enterprising and think like entrepreneurs so they can create their own inspiring businesses and community projects, and be more enterprising within their careers and society.

Rotary Central introduced Junior Achievement to the Cayman Islands in 1991 and partnered with the Chamber of Commerce on the popular program that focuses on youth. The Chamber of Commerce provides a permanent office and offers administrative support.

Ms Teresa Foster, Director of the JA Cayman Islands explained that this year the Junior Achievement Company Program sees participation from over 200 students across the Cayman Islands schools, paired with 12 sponsoring companies including one on Cayman Brac. The JA Company Program provides students the opportunity to simulate a real business while being academically challenged in the following areas: company structure, company capitalisation, customer-product focus, product-market pricing, company operations, branding and public relations, product sales, individual entrepreneurial plans and company liquidation.

“Our core objective is to prepare young people to meet the social and economic challenges of the next decade by providing thought-provoking and inspiring educational programs that promote lifelong learning and foster qualities of leadership, innovation and entrepreneurial spirit,” Mr Byles said.

“As part of JA Worldwide we bring to the Cayman Islands the power and resources of the world’s largest organization dedicated to preparing our youth for life in a global economy.” He added.

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