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Sygnus launches $60m ‘Relief & Rebuild’ initiative
Marking a significant milestone for the Sygnus Hurricane Relief and Rebuild Initiative, Bahamas Striping Group of Companies donates $16 million to support Jamaica’s recovery efforts. Pictured are (from left), Atario Mitchell, president, Bahamas Striping Group of Companies; Berisford Grey, president and CEO, Sygnus Capital; and Dominic Sturrup, executive chairman, Bahamas Striping Group of Companies.
Latest News, News
November 21, 2025

Sygnus launches $60m ‘Relief & Rebuild’ initiative

In response to the widespread devastation caused by Hurricane Melissa, Sygnus has launched its Hurricane Relief and Rebuild Initiative, committing US$100,000 toward a broader goal of raising US$375,000 (J$60 million) to support recovery efforts across Jamaica’s most affected communities.

The initiative, led by Sygnus and supported by regional and international partners, aims to restore key sectors such as education, healthcare, and agriculture.

Designed to move beyond short-term relief, the initiative will direct 30 per cent of funds toward immediate relief efforts, including food, clean water, solar lighting, hygiene kits, medical supplies, and agricultural inputs, while 70 per cent will go toward rebuilding and resilience projects across the aforementioned key sectors.

Berisford Grey, president and CEO of Sygnus Capital, said the initiative reflects the company’s belief that rebuilding after a disaster must go hand in hand with resilience and sustainability.

“The damage left by Hurricane Melissa has tested the strength of our communities, but it has also reminded us of our collective power to rebuild better,” Grey said.

“This initiative is about more than restoring what was lost. It’s about creating systems that will endure, powering schools and hospitals with renewable energy, revitalising agriculture with modern tools, and ensuring that our families and communities not only recover but also thrive, building a stronger, more resilient foundation,” added Grey.

Adding significant regional support to the initiative, Bahamas Striping Group of Companies has become the first partner to contribute, donating $16 million and pledging to provide 5,000 school bags valued at US$20,000 for students affected by the hurricane. The donation is part of the company’s commitment to education and its long-standing belief in giving back to the Caribbean community that helped build its success.

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Hurricane Melissa Relief and Rebuild Initiative Sygnus Capital
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