The Strategic Services Division was established to drive investment and job creation by increasing the productivity and efficiency of financial and non-financial intermediaries and investors, in particular micro, small and medium sized enterprises.  This is to be achieved by providing Capacity Development based on research and business analytics.

The Board of Directors of the DBJ has set aside funds in the Special Reserve Account which are to be used as counterpart funding for projects identified for Technical Assistance and Institutional Strengthening.  Additional funding is to be secured from donor agencies such as the Inter-American Development Bank (IDB), United States Agency for International Development (USAID), World Bank, and Caribbean Development Bank (CDB) among others.  The following criteria will apply when project funding is being considered:

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  • (i) The DBJ will provide counterpart funding of up to a maximum of 30 percent of project costs for projects being funded by donor agencies depending on available funds
  • (ii) The DBJ will provide TA of up to a maximum of 70 percent of project cost or a maximum of J$7 million per annum per applicant depending on available funds.
  • (iii) At the discretion of the Board of Directors, DBJ will provide grants for Sponsorship, Innovation and Start-up up to a maximum of $3 million per applicant.

Capacity Development initiatives aim to facilitate job creation, investments and increased access to finance by increasing efficiency, and improving profitability and sustainability.  In general DBJ’s Capacity Development interventions will:

  • Remove barriers to M&SME financing
  • Increase loans, investments, job creation and other measurable outcomes which will facilitate monitoring and make implementing entities accountable
  • Encourage the use of technology
  • Be suitable for outsourcing
  • Be cost effective
  • Have a wide reach in the M&SME Sectors


Overview of Institutional Strengthening

The objective Institutional Strengthening (IS) is to increase the capacity of intermediaries and business development organisations whose functions coincide with the mission of the DBJ in order to facilitate the promotion of DBJ’s products.


IS programmes are structured to:

  • Increase efficiency
  • Improve profitability and sustainability
  • Improve corporate governance

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The methodology includes establishing the gap between existing capacity and desired capacity of the target institution within the context of its mission and vision and developing a plan to close the gap.  The plan must:

  1. start with a design which is aligned to the institution’s capacity and have realistic time-frames and objectives
  2. Allow for close monitoring
  • Have flexibility to facilitate adjustments as required
  1. Include appropriate delivery mechanisms
  2. The application must be part of the applicants Strategic Plan, the result of a Board Decision, or a consultant’s recommendation


Eligible Entities

Institutions must have been established for at least 2 years

  1. Private sector and public sector financial intermediaries
  2. Private sector and public sector bodies, delivering training
  • Trade/commodity associations/umbrella organisations/cooperatives etc. which provide training or other services to their members
  1. MFIs who have applied to DBJ for accreditation

Requests for IS must be supported by the following documents where relevant.

  1. Annual Reports and/or audited financial statements for the last two years minimum and current financial statements
  2. Up-to-date Corporate and/or Strategic Development Plans /Board Decision, Consultant’s recommendation
  • Organizational Gap Assessment
  1. Staff Training & Development Plans
  2. DBJ’s Compliance Reports


Overview of Technical Assistance

The objective of DBJ’s TA Programme is to facilitate the flow and efficient utilization of development finance to intermediaries and investors to enhance their operational capacity and contribute to them becoming more effective partners and clients of the DBJ.  DBJ provides TA to facilitate job creation, investments and increased access to finance.  It includes the standard Technical Assistance grant (which includes the Grant for Research), the Energy Audit Grant and grants for Sponsorship, Innovation and Start-Up Businesses.   TA can also be channeled through initiatives such and the Voucher System and the Small Business Development Corporation (SBDC) Model.

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Each project must be able to demonstrate a net economic benefit to the country through any combination of the following:

  • Expansion of export capacity /import substitution
  • Diversification/expansion of an existing industry
  • Utilization of local inputs
  • Strong demand for the project’s output
  • Operations must have no adverse effects on the environment


Eligible Projects:

Projects in the following areas can apply for TA:

  • Productivity enhancement
  • Development of skills and technological know-how
  • Energy Efficiency & Renewable Energy
  • Innovations
  • Development of new sectors/industries/products


Eligible Applicants
  • Private Sector
  • Government Entities
  • Non-government Entities
  • Academic Institutions
  • Business Development/Support Entities


Requests for Technical Assistance
  • Where projects will produce goods of services for sale, a marketing or business plan should be attached to the application form.
  • Request for technical assistance should not exceed the 70% of the project cost.
  • Applicants are required to contribute a minimum of 20% of the project’s cost in cash.