An agency of the Ministry of Industry, Investment & Commerce, the JBDC is Jamaica’s premier business development organisation working collaboratively with government, private sector, as well as, academic, research and international communities.

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1876-928-5161-5
1876-928-0275
1876-928-4136

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1876-881-6146
1876-577-3145

14 Camp Road, Kingston

The Jamaica Business Development Corporation (JBDC) entered a new J$100 million partnership with the Development Bank of Jamaica (DBJ) on the 31st of May 2023 to facilitate the Growth & Expansion of MSMEs Through Innovation & Capacity Building (GEMINI) Programme that will benefit Micro, Small & Medium-sized Enterprises (MSMEs) across Jamaica.

The GEMINI Grant Programme (GGP) is funded by the DBJ and allows participants to access JBDC’s suite of business development programmes including Nursery Programme, Incubator Programme, Accelerator Programme and Scale-Up Community.

Mr. Anthony Shaw, Managing Director of DBJ, and Ms. Valerie Veira, Chief Executive Officer of the JBDC, signing the Memorandum of Understanding (MOU).

The GEMINI Grant Programme (GGP) will support the short-term to medium-term needs of up to 100 MSMEs islandwide by giving them a well-needed handholding programme that will support them at any stage of their business. MSMEs participating in GEMINI will access 80% of their funding from the DBJ, that is up to J$800,000 worth of business development services from JBDC.

Ms. Valerie Veira, Chief Executive Officer of the JBDC, speaking at the launch of the GEMINI Grant Programme (GGP).

The one-year pilot programme will target MSMEs that are registered with the Companies Office of Jamaica (COJ); have 51% of shares owned by a Jamaican; have been in operation for one year or more; have a valid Tax Registration Number (TRN); are a part of the focus sectors; and is a member of the JBDC’s Small Business Development Centre Network (SBDC). The SBDC is a project by the Ministry of Industry, Investment & Commerce, implemented by JBDC.

Eligible persons can visit www.jbdc.net for details on JBDC’s suite of services, as well as register for the programme at www.DBJGemini.com.

The JBDC is an agency of the Ministry of Industry, Investment & Commerce.

Author

Corporate Communications