raise up to $6 million U.S. and where the regulations are less severe than on the main Exchange.About 45 companies have listed on the Junior Stock Exchange and as a result have improved significantly in terms of their sales, their profitability, their business. The JMEA have signed a memorandum of understanding with the Jamaica Stock Exchange to encourage more of our members to list and we are hopeful that the number of companies listed on the Junior Stock Exchange will move up to 100 companies in the next few years. We believe this will be one of the big ways that we lift manufacturing in Jamaica.” 28 BUSINESS VIEW CARIBBEAN VOLUME 11, ISSUE 08
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