The DBJ introduced the Voucher for Technical Assistance (VTA) programme in May 2014 to assist micro, small and medium-sized enterprises (MSME) to strengthen their managerial and administrative abilities and improving their creditworthiness.
Research completed by the Bank and its Approved Financial Institutions (AFIs) have shown that MSMEs have significant structural problems which have made it difficult for them to access business financing. The DBJ has stepped in to assist these MSMEs to organise themselves in ways that should enable them to access business credit to expand and upgrade their businesses.
What is the Voucher for Technical Assistance (VTA) Programme?
The VTA Programme provides partial grants to micro, small and medium-sized enterprises that operate specifically in the productive sectors. These businesses may receive a VTA grant to be used to access business support services provided by DBJ-approved Business Development Organisations. The voucher covers up to 70% of the cost of specific services and ranges from J$50,000 to J$200,000. (Visit our website, www.dbjvoucher.com for more details).
Who Qualifies for a Voucher?
Micro and small entrepreneurs who operate businesses in all the traditional industries, as well as those operating in emerging industries, qualify for assistance under the programme.[1]
| Size | Annual Revenue/Sales |
| Micro | Less than J$15M |
| Small | More than J$15M, but less than J$75M |
It is important for the entrepreneur to be aware that the DBJ’s Voucher for Technical Assistance (VTA) Programme not only improves the business’ ability to access funding but also assists in maintaining sustainable business operations.
Instances where Vouchers are Used/Needed:
- When an entrepreneur applies for a loan at an Approved Financial Institution (AFI) their application may be denied because of gaps in their management capacity. The AFI loan officer may recommend assistance by way of a Voucher for Technical Assistance which may improve the client’s chances of accessing a loan.
- An entrepreneur who does not wish to access a loan but wishes to improve his/her business operations, or prepare for other types of investment, may apply for a voucher online on the DBJ’s voucher website (www.dbjvoucher.com).
The Voucher Process
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[1] Additional Conditions may apply.
