Voucher for Technical Assistance (VTA)
OBJECTIVE
The Voucher for Technical Assistance was created to provide SMEs with access to specific business development services which will improve their management capacity as well as improve their ability to access credit from Approved Financial Institutions (AFIs).
FEATURE
DBJ covers 70% of the cost of specific services with vouchers ranging from $50,000-$500,000.
Innovation Grant from New Ideas to Entrepreneurship (IGNITE)
OBJECTIVE
To foster entrepreneurship innovation and support for the creation and growth of new firms in productive sectors among MSMEs, from start-up to growth stage within 2 years.
FEATURE
The program provides grant funds up to $4million or 70% of the project cost.
DBJ Energy Audit Grant
OBJECTIVE
Assist the MSME to make informed decisions about investments in energy efficiency and renewable energy.
FEATURE
DBJ covers 70% of the cost of specific services with vouchers ranging from $50,000-$500,000.
Capacity Development Grants
OBJECTIVE
Facilitates funding of capacity development projects for SME support, new sector and export development, institutional strengthening for MSME Intermediaries and recently Social Enterprises.
FEATURE
Grants are awarded to public and private sector intermediaries in the MSME sector.
Applicants are required to contribute 30% of the project cost with DBJ funding 70% up to a max of $7million per project depending on the funding category and availability of funds.
Jamaica Venture Capital Programme
The JVCP is the avenue the DBJ utilizes to:
Develop a venture capital ecosystem intended to create an environment conducive to the establishment of a dynamic private equity/venture capital industry.
Foster the establishment of new venture capital and private equity funds through public and private sector collaboration with local and international fund managers.
Build strong linkages with our international development partners (IDPs), the Jamaican Diaspora, as well as our Latin American and Caribbean neighbors.
