The VTA is a capacity development product designed to assist MSMEs in closing management gaps, thereby enhancing their ability to access financial support from approved AFIs.
SMEs as defined by the GOJ/MSME Entrepreneurship Policy 2013 which operate businesses in the productive sectors in Jamaica are eligible for the assistance.
Since its inception in May 2014, several SMEs have benefitted from this facility, resulting in J$103.8 million in loans as at November 2015.
It is expected that through this initiative, productivity and employment will be increased and the tax net will be widened, while individuals and families will see their standard of living improve.
Under the VTA project, a voucher is issued for a specific business support service (for example: business plans, financial statements and training), which the client may redeem at an approved Business Development Organization (BDO). The DBJ would pay 70% or the value of the voucher, while the client pays the balance. The MSME may then go to a bank to submit his/her loan application after receiving the business support service, if a loan is required.
Development Bank of Jamaica Limited
11a - 15 Oxford Road
Kingston 5
Jamaica WI
Telephone: 929-4000 or 619-4000
Email: voucher@dbankjm.com
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.
4 St. Lucia Avenue, Kingston 5, Jamaica
Telephone: (876) 968-7116
Fax: (876) 960-7422
Email: ps_office@miic.gov.jm