Maples sponsors Central Caribbean Marine Institute for three years
The Maples Group has announced a new three-year partnership with the non-profit Central Caribbean Marine Institute.
Maples will donate US$25,000 annually for the next three years.
The partnership will help facilitate new projects, expand CCMI’s ocean and climate science literacy campaign, build its network of researchers, and help maintain and enhance its field station facilities.
CCMI’s director of research and education, Dr. Gretchen Goodbody-Gringley, said ongoing threats to coral reefs require urgent, meaningful research and conservation action.
The multi-year support from the Maples Group can provide seed money for new projects, support a new hire, or help address urgent needs that may arise. “By committing to three years of support, the Maples Group’s contribution also facilitates greater long-term planning and continuity of projects,” she added.
Matthew Gardner, the group’s Cayman Islands managing partner, said CCMI’s “work is vital in helping to ensure the ongoing health and protection of our oceans and coral reefs for enjoyment by both current and future generations”.
CUC announces dividend
Caribbean Utilities Company’s board of directors has declared a dividend of US$0.175 per Class A Ordinary Share, or an annualised dividend of US$0.70 per share.
The dividend will be payable on 15 March 2022 to shareholders of record on 1 March 2022.
Acumen expands in Cayman
Sophie Pearson, regional business development manager for Acumen Group, has relocated from Bermuda to George Town to build on the company’s rapid growth in the Cayman Islands, the professional services firm said in a press release.
Acumen said it had more than doubled its business in Cayman in the past six months amid greater demand for staffing, and human resource and payroll services.
Pearson joined Acumen last October and was initially focussed on expanding the payroll outsourcing business in both Bermuda and Cayman.
Acumen partners with Caymanian software firm Blue Bison, which built the payroll platform that Acumen offers to its clients.
“Much of the growth we are seeing is coming through referrals,” Pearson said. “Businesses are recognising the value of outsourcing, particularly when they have a large number of staff and they are dealing with the complexity of hourly paid workers.
“We have also seen an uptick in the number of exempt company clients, as they would rather leave payroll to the local experts than have to set it up themselves. That allows them more time to focus on activities that drive their businesses forward,” she added.
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