The Cultural and Creative Industries has always been a major part of brand Jamaica. Creatives also play a major role in the tourism sector. However, this group is under-researched and the Jamaica Business Development Corporation (JBDC) is working feverishly to provide for the sector the support and push it needs to thrive in the way it has the capacity to. According to UNESCO, Jamaica's cultural and creative industries' (CCIs) are estimated to contribute 5.2% of the country's GDP, generating revenues of JMD $2.2 billion annually, and accounting for 3% of total employment. The JBDC has always been a big supporter of this industry through its Things Jamaican™ stores which are outfitted with authentic Jamaican-made products from clients. More recently, the agency has spearheaded major initiatives towards the development of CCIs. Entrepreneur Weekly sheds the spotlight on the CCIs with 4 tips that can help the creative entrepreneur. |
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1. Develop Your Niche It is important to narrow down your area of focus and this tip is in no way to limit a creative’s effort. However, as an entrepreneur it is important to realise that every market has the capacity for competitiveness. Pay keen attention to problems you have observed and amp up your product or service to both fill a need as well provide creative inspiration to your client. |
2. Learn Intellectual Property (IP) Considering how integral IP is to creative entrepreneurship, individuals must give their time to learning more. There are local agencies and entities such as Jamaica Intellectual Property Office (JIPO) and the Jamaica Association of Composers Authors and Publishers. (JACAAP) that are informational services provided to help individuals within the cultural and creative industries to become informed, protected and promoted. 3. Find Your Community 4. Get Creative with Funding & Marketing Creative entrepreneurs can use their social media platforms for promotion of their work, which calls for limited input but can stand to reap great rewards in financing their passion. Also consider the viability of various investment options and explore the investment products available in the market. Education is key in pursuing entrepreneurial efforts within the cultural and creative industries. This is not to say without formal education in business, that a creative entrepreneur cannot thrive, instead it is having a teachable mindset and hunger for knowledge and exposure. |
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JBDC’s Dance with Creatives The JBDC subsequently partnered with the British Council to conduct a historic Mapping of the Jamaica Cultural and Creative Industries in 2020 with a survey including over 550 CCI stakeholders from across the country. A lack of business skills was identified as a barrier to growth and sustainability. In 2021, the project, “Evaluation of Jamaica’s Cultural and Creative Industry through economic impact studies and the National Statistics System (JAM NSS CCI)” was among only 6 globally approved for funding by the United Nations Educational, Scientific and Cultural Organisation (UNESCO). The project will identify recommendations and strategies for the development of key sectors, among other things. The ‘JBDC IN CONCERT’ discussion series which has examined challenges with financing, digitisation and intellectual property in robust discussions with industry players, will return at the end of May. Stay tuned for details. |