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November 2023
 

01 November 2023

Industry, Investment, and Commerce Minister, Senator the Hon. Aubyn Hill, addresses the three-day CanEx Jamaica Business Conference at the Montego Bay Convention Centre in Rose Hall, St. James, on Friday (October 20).

CLA Issues 160 Licences

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 01 Nov 2023    admin   
The Cannabis Licensing Authority (CLA) issued a total of 160 multiple category licences as at September 2023. This was disclosed by Industry, Investment, and Commerce Minister, Senator the Hon. Aubyn Hill, while speaking during the three-day CanEx Jamaica Business Conference at the Montego Bay Convention Centre in Rose Hall, St. James, on Friday (October 20). He said this signifies continued expansion and development of Jamaica’s growing cannabis industry. “The number of cultivators licences granted by the category includes 35 tier-1 cultivator’s licences, 23 tier-2 cultivator’s licences, and...


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Minister of Industry, Investment, and Commerce, Senator Aubyn Hill (left), Lorenzo Escondeur (centre), chief of operations at the Inter-American Development Bank’s (IADB) Jamaica country office, and Kayla Grant, sector specialist at the IADB, engage in conversation during the MSME Business Roadshow’s Montego Bay leg at the Half Moon Conference Centre in Montego Bay, St James on Thursday, October 26.

Hill: Jamaican MSMEs must build wealth through overseas markets

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 01 Nov 2023    admin   
INDUSTRY, INVESTMENT and Commerce Minister Senator Aubyn Hill says micro, small and medium enterprises (MSME) must seek to build their wealth by forging partnerships with overseas markets and clients instead of relying only on the Jamaican market. Hill made the recommendation last Thursday while delivering the keynote address during the opening session of the MSME Business Roadshow’s Montego Bay leg at the Half Moon Conference Centre in Montego Bay, St James. The roadshow was the second in a series of four events held by the Ministry of Industry, Investment and Commerce in collaboration with...


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Launch of the VM Financial Group Business Finance Suite

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 01 Nov 2023    admin   
Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill (second right), makes a point to Managing Director of food manufacturing company Home Choice, Kareema Muncey (second left). Sharing in the conversation are Senior Vice President of VM Group, Rezworth Burchenson (left) and VMBS Chairman, Michael McMorris. Occasion was the launch of the VM Financial Group Business Finance Suite, in association with the Development Bank of Jamaica (DBJ) and the Jamaica Manufacturers and Exporters Association (JMEA), at the Terra Nova All-Suite Hotel in St. Andrew on Tuesday (October 24).


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MSME Business Roadshow - Ocho Rios

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 01 Nov 2023    admin   
The MSME Business Roadshow will be landing in Ocho Rios! Save your spot at this one of a kind gathering of Micro, Small & Medium Sized Enterprise Entrepreneurs by registering online at roadshow.miic.gov.jm or clicking the link in our bio. SEE FULL FLYER HERE Registration for the Pitch Competition, powered by @dbjamaica is also available at roadshow.miic.gov.jm If you're from St. Ann, St. Mary or even Portland, see you at @sandalsochibeach on Wednesday November 1 from 9AM to 4PM for the MSME Business Roadshow, hosted by the Ministry of Industry, Investment and Commerce in partnership with...


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Harold Davis, deputy CEO of the Jamaica Business Development Corporation.

JBDC targets 2,000 smallbiz for digital upskilling

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 01 Nov 2023    admin   
JAMAICA BUSINESS Development Corporation, JBDC, is trying to equip 2,000 small and micro businesses with digital skills so they can earn more income through e-commerce. The agency is trying to get more businesses to sell online on their own websites or via e-commerce platforms, under the wider Digital Jamaica Programme that’s backed by the European Union. “We are targeting 2,000 over three years,” said JBDC Deputy CEO Harold Davis. “It is a need that we have to develop. Whether it’s for increasing trade or managing supply chains, it is a must. And our micro, small and medium enterprises are...


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Intellectual property rights to maximise Jamaica’s creations

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 01 Nov 2023    admin   
In 1891, Jamaica hosted its first globally publicised ‘International Exhibition’ to promote local products and attract investments to the island, inspired by the successes of exhibitions such as the London Great Exhibition in Crystal Palace (1851) and the Paris Great Exhibitions (1700-1800s). While the 1891 exhibition is seldom remembered, the London and Paris exhibitions continue to be studied in intellectual property (IP) courses the world over, as it was in this context - that of the Industrial Revolution - that IP protections were first developed and employed to safeguard and promote...


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BSJ reviewing canned ackee standards

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 01 Nov 2023    admin   
PURRED by overwhelming demand for Jamaican canned ackee from international markets, and due to concerns over the "threat to the health and safety of consumers" given the engagement of pre-processors who clean and deseed the fruit before it gets to factories, Bureau of Standards Jamaica (BSJ) has moved to revise the current standard to buttress the safety of the delicacy for consumption. The updated standard, which is now in draft form, is expected to come into force on January 1 next year. According to the bureau, the thrust for the accelerated revision of the standard is "because of the...


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Cannabis sector eager to expand tourism market

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 01 Nov 2023    admin   
CanEx founder Douglas Gordon has welcomed a suggestion that players in the cannabis sector should view the millions of visitors that travel to Jamaica each year as potential buyers of medical marijuana. In fact Gordon, whose annual business conference brings local and international cannabis stakeholders together, says selling to tourists should be among the areas of focus. "Jamaica facilitating sales of cannabis to tourists and locals through legal and official channels should be a key priority of the industry. In order to expand the market beyond the existing users, consumers have to get a...


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The Ministry

Welcome to the official website of the Ministry of Industry, Investment and Commerce.

The Ministry of Industry, Investment and Commerce is described as Jamaica's "Business Ministry." It's mandate is to lead the development of policies that will create growth and jobs, while achieving social inclusion and consumer protection. The Ministry, working its stakeholders is primarily responsible for business policy development, monitoring and evaluation, while giving direction and oversight to a cluster of implementing departments and agencies.

We have, therefore, placed much energy and enthusiasm into the development of this website to provide timely information on the Ministry, our agencies and programmes.

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The Ministry of Industry, Investment and Commerce - https://www.miic.gov.jm