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(From left) Nigel Cooper, incubator manager, Technology Innovation Centre; Paula Hagley, manager, Business Development & Special Projects, Jamaica Manufacturers & Exporters Association; Christopher Brown, general manager, Project Management Office, Development Bank of Jamaica (DBJ); Opal Levy, director, Sisters' Ink Jamaica; Milverton Reynolds, managing director, DBJ; Valerie Viera, CEO, Jamaica Business Development Corporation; Adrian Nelson, legal officer, DBJ; LuShana Francis Cheddesingh, technical coordinator, Intermediary, DBJ; and Carlinton Burrell, executive director, Caribbean Climate Innovation Centre.

20 MSEs to benefit from DBJ's IGNITE III

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 08 Dec 2021    user   
THE Development Bank of Jamaica (DBJ) has enlisted five of its business service intermediaries to facilitate the capacity-building of 20 micro and small enterprises (MSEs) under the IGNITE programme over the next 12 months. The 20 MSEs will form the third cohort of the IGNITE programme, an initiative of the DBJ, and will interact with Caribbean Climate Innovation Centre, Jamaica Business Development Corporation, Jamaica Manufacturers and Exporters Association, Sisters' Ink Jamaica, and Technology Innovation Centre at University of Technology, Jamaica. “In 2015 the DBJ officially launched...


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Nicholas Sutherland, manager of New Market Development, Jamaica Promotions Corporation (Jampro)

Jampro unearthing new markets for investment with EDP

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 08 Dec 2021    user   
JAMAICA Promotions Corporation (Jampro), through the Economic Diplomacy Programme (EDP), said the initiative has already started to unearth opportunities in new markets. This, as the agency moves to exploit business opportunities that will generate foreign direct investments and boost trade for the country. The programme which is a joint collaboration with the Ministry of Foreign Affairs and Foreign Trade (MFAFT), also aims to advance the country's economic agenda whilst enhancing its international visibility as a destination for business. Speaking at a recent virtual investment...


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Medium, Small and Micro Enterprises (MSMEs) – Government Support and Business Registration

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 01 Dec 2021    user   
Medium, small and micro enterprises (MSMEs) are essential to the Jamaican economy, making up over 97% of the island’s taxpaying businesses. MSMEs are those that have between one and 50 employees and earn between $15 million and $425 million annually. The sector is responsible for the majority of employment in Jamaica and drives economic growth and development. As such, the Government of Jamaica (GOJ) continuously seeks to strengthen it through programmes that support MSMEs. Two of these are the Boosting Innovation, Growth, and Entrepreneurship Ecosystems (BIGEE) Programme , administered by...


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Minister of Industry, Investment and Commerce, Hon. Audley Shaw, speaking at the NCBJ Certificate Handover Ceremony that was held at the Bureau of Standards Jamaica headquarters in Kingston recently.

Minister Shaw Calls On Companies To Aim For Quality Certification

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 01 Dec 2021    user   
The National Certification Body of Jamaica (NCBJ) has approved six companies for certification. The six are the Scientific Research Council – Food Pilot Plant; Newport-Fersan (Jamaica) Limited; IGL Limited; Caribbean Depot; the Jamaica Public Service Company Limited – System Protection and Control Department and Ket’s Organic Gourmet Farm. The NCBJ is the body responsible for ISO 9001:2015 Certification, Hazard Analysis Critical Control Points (HACCP) and Organic Certification. The six companies recently certified were recognised at a recent NCBJ Certificate Handover Ceremony held at the...


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Dolsie Allen, CAC CEO.

CAC gets historic $7-million payday for aggrieved consumer

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 28 Nov 2021    user   
THE smiles are broader these days in the corridors of the Consumer Affairs Commission (CAC) after its Protection Tribunal awarded a client $7.6 million, the largest-ever compensation granted by the watchdog body. Consumer activist Vernon Derby, host of Nationwide Radio's At Your Service programme, reported the award on his Bark di Trute blog Friday, saying “this is an exciting story for consumers”, because “consumers oftentimes complain that they do not have an organisation to defend then”. Sacha-Gaye Russell, legal Officer at the CAC, said the award was made as a result of the consumer...


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Chief Executive Officer, National Compliance and Regulatory Authority (NCRA), Dr. Lorice Edwards Brown.

National Compliance And Regulatory Authority Targets Legislation By 2022/23

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 28 Nov 2021    user   
Chief Executive Officer (CEO), National Compliance and Regulatory Authority (NCRA), Dr. Lorice Edwards Brown, says that the entity is working to have legislation in place within the next financial year. “You would have heard us talking and making reference to the BSJ ( Bureau of Standards Jamaica) legislation because that still underlines and gives us the authority to conduct our regulatory programmes, but in a little while, the NCRA legislation will be in place,” she said. Dr. Edwards Brown was addressing a virtual stakeholder engagement session, entitled ‘Stating the Facts: The Regulator’s...


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Minister of Industry, Investment and Commerce with portfolio responsibility for Agriculture and Fisheries, Hon. Audley Shaw.

Jamaica In V-Shaped Economic Recovery – Shaw

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 28 Nov 2021    user   
With Gross Domestic Product (GDP) growth of 14.20 percent recorded in the second quarter of 2021, the country is now in a V-shaped economic recovery. The disclosure was made by Minister of Industry, Investment and Commerce with portfolio responsibility for Agriculture and Fisheries, Hon. Audley Shaw during his address on day one of the Jamaica Promotions ( JAMPRO ) ‘Explore Do Business Jamaica Virtual Investment Conference 2021’ on Wednesday (November 17). In a V-shaped recovery, an economy that has suffered a sharp decline experiences a fast and strong rebound. Such recoveries are generally...


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Executives of five Business Service Intermediaries (BSIs) under the DBJ’s IGNITE III programme pose with Executives of the Development Bank of Jamaica Left – Right: Nigel Cooper, Incubator Manager, Technology Innovation Centre (TIC) Utech, Paula Hagley, Manager, Business Development & Special Projects, Jamaica Manufacturers & Exporters Association (JMEA), Christopher Brown, General Manager, Project Management Office, Development Bank of Jamaica, Opal Levy, Director, Sisters’ Ink Jamaica, Milverton Reynolds, Managing Director, Development Bank of Jamaica, Valerie Viera, Chief Executive Officer, Jamaica Business Development Corporation, Adrian Nelson, Legal Officer, DBJ, LuShana Cheddesingh, Technical Coordinator, Direct Business Support, DBJ and Carlinton Burrell, Executive Director, Caribbean Climate Innovation Centre.

DBJ Signs Agreement with Business Service Intermediaries 20 MSEs to benefit from 12-month capacity building programme

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 28 Nov 2021    user   
The Development Bank of Jamaica (DBJ) today (Tuesday, November 16th) signed Agreement with five business service intermediaries (BSIs) to build the capacity of twenty Micro and Small Businesses (MSEs) over the next 12 months, and represents the third Cohort of the Bank’s IGNITE programme. The BSIs are: Caribbean Innovation Climate Centre (CCIC), Jamaica Business Development Corporation (JBDC), Jamaica Manufacturers & Exporters Association (JMEA), Sisters’ Ink Jamaica, and Technology Innovation Centre (TIC) at UTECH. “In 2015, the DBJ officially launched the IGNITE programme to undertake...


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Valerie Veira, CEO of JBDC, speaking at the Global Entrepreneurship Week (GEW): Business Dialogue Forum held last week at the JBDC incubator offices on Marcus Garvey Drive in Kingston as Deputy CEO, Harold Davis looks on.

Entrepreneurs urged to exploit global growth trends

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 28 Nov 2021    user   
Amid global supply disruptions occasioned by the novel coronavirus pandemic, entrepreneurs are being urged to capitalise on new economic growth trends as potential opportunities for expanding their businesses. Minister of state in the Ministry of Industry, Investment and Commerce, Dr Norman Dunn, speaking to small enterprise owners at a recent Jamaica Business Development Corporation (JBDC) business dialogue, encouraged operators to double down on emerging and trending opportunities in the market. “Global disruptions have led to economic growth in many markets, such as manufacturing;...


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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