Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, says Jamaica is one of the most attractive investment destinations in the Caribbean and is urging more diaspora members to do business in the country. Senator Hill was addressing a panel discussion on Monday (June 17) on the topic ‘Jamaica Open for Business: TransformingContinue reading “Jamaica Ripe for Business”
Category Archives: News
Aubyn Hill engages private sector to build back St Elizabeth
AUBYN Hill, the minister of industry, investment, and commerce, has made a sweeping call to private sector stakeholders to aid in rebuilding communities affected by Hurricane Beryl with an eye for more resilient structures. The minister, a St Elizabeth native, invited members of Lydford Mining Company and Jamaica Institution of Engineers (JIE) to tour communitiesContinue reading “Aubyn Hill engages private sector to build back St Elizabeth”
St Elizabeth gets chance to earn up to $3m in grants
MSME Business Roadshow gets to STETHS on March 6 Entrepreneurs in south-western Jamaica have a chance to earn a cash grant of up to $400K from the Ministry of Industry, Investment & Commerce’s (MIIC) Business Pitch Competition, slated for Thursday, March 6 during the MSME Business Roadshow in Santa Cruz at the St. Elizabeth TechnicalContinue reading “St Elizabeth gets chance to earn up to $3m in grants”
Shadine Salmon pumps $300K of MIIC 2023 MSME Business Pitch Grant into Xquisite Events
KINGSTON, JAMAICA; FEBRUARY 19, 2025: Balloons are big business in Central Jamaica, thanks to Shadine Salmon and her Xquisite Events. Through her artistry, she creates beautiful decorations for corporate events, gender reveals, weddings, christenings, and engagement parties. Her three-year-old business has enjoyed significant revenue growth since claiming one-of-three Ministry of Industry Investment and Commerce (MIIC)Continue reading “Shadine Salmon pumps $300K of MIIC 2023 MSME Business Pitch Grant into Xquisite Events”
Export dream realised for Paris Ruby Gourmet Cakes
KINGSTON, JAMAICA; February 19, 2025: In November 2024, Zelecia Smith sent her first monumental package — 170 Paris Ruby Gourmet fruitcakes to Florida. Paris Ruby Gourmet, Smith’s micro, home-based operation, has become an international export success story. Her inaugural shipment has placed her cakes on the shelves of Broward Meat and Fish Company in Margate, Florida, markingContinue reading “Export dream realised for Paris Ruby Gourmet Cakes”
All roads lead to Clarendon for MSME Business Roadshow
Juici Empowerment Park hosts 2nd entrepreneur showcase for 2025 KINGSTON, JAMAICA; WEDNESDAY, FEBRUARY 19, 2025: The Ministry of Industry, Investment & Commerce (MIIC), Jamaica’s Business Ministry, is set to host the second MSME Business Roadshow for 2025 at Juici Empowerment Park, Clarendon, on February 20. This initiative continues MIIC’s commitment to fostering entrepreneurship and businessContinue reading “All roads lead to Clarendon for MSME Business Roadshow”
MSMEs Encouraged to Utilise JBDC’s Suite of Business Development Programmes and Services
The Jamaica Business Development Corporation (JBDC) is encouraging micro, small, and medium-sized enterprises (MSMEs) islandwide to utilise the entity’s innovative suite of programmes and services to enhance their growth and digital readiness. Of these, the Growth and Expansion of MSMEs through Innovation and Capacity-building (GEMINI) Programme emerges as a transformative initiative designed to support businessesContinue reading “MSMEs Encouraged to Utilise JBDC’s Suite of Business Development Programmes and Services”
COJ registers over 23,000 business entities last year
KINGSTON, Jamaica – The Companies Office of Jamaica (COJ) is reporting that more than 23,000 new business entities were registered last year; a nine per cent increase compared to 2023. The COJ says the increase underscores the confidence felt by entrepreneurs in doing business in Jamaica. The agency says its commitment to increasing the levelContinue reading “COJ registers over 23,000 business entities last year”
HEART/NSTA Trust Providing Millions in Grant Assistance to MSMEs
The HEART/NSTA Trust has provided $21.9 million in grant assistance to entrepreneurs during the 2024/25 financial year. Of the total, micro, small and medium-sized enterprises (MSMEs) received $8.4 million, while $13.4 million went towards supporting trainee start-ups. “This ensures sustained financial support to empower entrepreneurs,” said Executive Director of the HEART/NSTA Trust, Dr. Taneisha Ingleton.Continue reading “HEART/NSTA Trust Providing Millions in Grant Assistance to MSMEs”
Industry Minister Wants More MSMEs Listed on Junior Market of Stock Exchange
Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, says he wants to see more micro, small and medium-sized enterprises (MSMEs) listed on the Junior Market of the Jamaica Stock Exchange this year. He also urged MSMEs to take advantage of the recent amendment of the Income Tax Act, which allows companies toContinue reading “Industry Minister Wants More MSMEs Listed on Junior Market of Stock Exchange”
