The Jamaica Venture Capital Programme was developed in recognition of the gaps that exist in the traditional financing options to MSMEs. In 2013 the GOJ through the Development Bank of Jamaica (DBJ) held the first Venture Capital Conference. The conference established a Venture Capital and private equity fund operated by qualified local and international fund managers. Entrepreneurs and small business owners have the opportunity to pitch their business ideas to fund managers in order to seek funding. The Venture Capital Programme incorporates elements of the approaches of commercial finance and micro finance so as to ensure a holistic approach.
The major imperatives of the JVCP are:-
Developing a venture capital ecosystem to create an environment conducive to the establishment of a dynamic private equity/venture capital (PE/VC) industry to include legal, taxation and regulatory changes as well as significant training of local investors, fund managers and entrepreneurs.
Fostering the establishment of new venture capital and private equity funds through public and private sector collaboration with local and international fund managers.
Building strong linkages with our international development partners (IDPs), the Jamaican Diaspora, as well as our Latin American and Caribbean neighbours.
Jamaica Venture Capital Programme
Development Bank of Jamaica
11a – 15 Oxford Road
Telephone: (876) 929-4000, (876) 619-4000
Fax Number: (876) 929-6055
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.