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Shaw encourages entrepreneurs to formalise their businesses - Vimarsana News

Shaw encourages entrepreneurs to formalise their businesses

Minister of Industry, Investment and Commerce,  Audley Shaw, is encouraging more entrepreneurs to formalise their businesses through registration in order to gain access to greater funding opportunities with lower interest rates. He said form

60 mining and quarry operators benefit from entrepreneurial training - Vimarsana News

60 mining and quarry operators benefit from entrepreneurial training

KINGSTON, Jamaica — Sixty small and medium-sized mining and quarry operators have benefited...

IDB Invest and JMMB Bank partner to promote access - Vimarsana News

IDB Invest and JMMB Bank partner to promote access

IDB Invest, a member of the IDB Group, through a recent agreement with JMMB Bank has prov...

IDB Invest, JMMB Bank promote access to financing for SMEs in Jamaica - Vimarsana News

IDB Invest, JMMB Bank promote access to financing for SMEs in Jamaica

JMMB Bank CEO Jerome Smalling. IDB Invest, a member of the IDB Group, has made an agreement with JMMB Bank (Jamaica) Limited, which will allow the bank to access US$35 million at a five-year tenor to facilitate increased financing to small and medium-sized enterprises (SMEs). Access to finance for SMEs remains a challenge in Jamaica, despite this sector generating 80 per cent of jobs and contributing significantly to the country's gross domestic product, according to information from the Ministry of Industry, Commerce, Agriculture and Fisheries, 2019. The project will increase the availabili...