The MSME sector is supported by the Updated MSME & Entrepreneurship Policy (2018). On July 3, 2018, the updated MSME & Entrepreneurship Policy was tabled in the Houses of Parliament as a White Paper.
The policy presents the goals that will support the MSME sector throughout the entrepreneurship process.
The goals of the policy are:
An enabling business environment that results in growing levels of formality in the economy;
The availability of innovative and inclusive financial systems that are appropriate, affordable and accessible throughout the MSME business lifecycle;
Timely, relevant and measureable business development and capacity building services that are available to the MSME sector island wide;
A culture of entrepreneurship and Innovation that promotes creativity, research and development in business operations and throughout the education system;
The seamless integration of cross cutting issues in the sector are weaved seamlessly into major programmes to ensure inclusive growth.
The Updated MSME & Entrepreneurship Policy will serve as a roadmap for the implementation of key activities in the MSME sector.
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.