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00:00 Essex Valley Irrigation System to Be Upgraded
00:00 Work Being Done to Incorporate More Sources of Renewable Energy – PM – Government of Jamaica, Jamaica Information Service
00:00 Justin & Selena I Wanna Love Ya, Treat You Right When in Jamaica … – TMZ.com
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00:00 110 years in prison – St Ann family sent away for killing mentally-ill man
00:00 Mona School of Business and Management wins International Innovation Award
00:00 Eurozone economy cools amid stock market turmoil
00:00 Diplomatic Day! – Johnson Smith to outline Jamaica's priority foreign policy issues to diplomats today
00:00 Jamaica improves on Corruption Perception Index but still has work to do
00:00 High murder rate cancels annual police sports day
00:00 Rose Hall Main Road Accident Left 3 Persons with Serious Injuries
00:00 Westmoreland Records 20 Murders, Taking the Lead from St James
00:00 FSC Operations to Be Strengthened
00:00 $8.4 Billion Allocated to Boost Capabilities of JDF
00:00 Bank Teller Charged in Relation to Fraud at Manchester Municipal Corporation
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00:00 $1 Billion to Strengthen and Promote Competitiveness
00:00 Michael McLean Denies Killing St Thomas Family
00:00 Thousands of Students to Celebrate Jamaica Day Feb. 23
00:00 Easier Access to Courts for the Disabled
00:00 Gov’t Earmarks $1.29 Billion as Contingency Funding for Natural Disasters
00:00 Black Art
00:00 Phobias
00:00 Project to Improve Animation Skills in Youth
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00:00 Jamaican Rapper Safaree Awarded! Nadine Sutherland Give Thanks
00:00 CSA trial music between balls in T20 cricket – ESPNcricinfo.com
00:00 Westmoreland Illegal Firearms Seizure, Four Persons to be Charged
00:00 $1 Billion for Integrated Community Development Project
00:00 ‘America’s Pastor’ Billy Graham Dies At 99
00:00 Rihanna rang in her milestone 30th birthday on Tuesday, with a star-studded bash at swanky eatery The Grille in New … – Daily Mail
00:00 Jamaican Bobsled Makes Winter Olympics History, along with Nigeria
00:00 People use bleaching cream for lighter butts
00:00 Daughter's kidneys stolen? - Mother wants independent pathologist
00:00 Bring it on! - Gov't scoffs at Opposition's threat to take NIDS to court
00:00 Traumatised August Town Primary students afraid to leave home
00:00 NCB Capital sells partial stake in Knutsford Express
00:00 Wife of lawmaker who killed himself loses election bid
00:00 Suspect held in killings of homeless men in Las Vegas
00:00 HEART Commended for Preparing Jamaicans for Technical Jobs
00:00 Real Estate Board Begins Consultations Feb. 21
00:00 Education Minister Highlights Reduction in Youth Unemployment
00:00 Richie Stephens Helps Godfrey Stewart High School in Sav
00:00 Upgrading Works at Correctional Facilities
00:00 $27.8 Million Earmarked for Education Sector Reform
00:00 BREAKING: Mother Buried in Tomb Last Year, Murder Suspect in NY Jail
00:00 $450 Million Set Aside to Repair Farm Roads
00:00 Justice Facilities to Be Upgraded
00:00 Six Years of Budget Information Presented in 2018/19 Estimates of Expenditure
00:00 Parents to Receive Critical Support
00:00 Dancehall DJ Bounty Killer for Drifters Bar Negril
00:00 Chris Brown Raises Eyebrows After Wishing Ex Rihanna a Happy 30th Birthday – Us Weekly
00:00 Grace Meade Laid to RestВ 
00:00 PIOJ to Embark on Second Phase of Climate Resilience Pilot
00:00 Gov’t Strengthens Delivery of Services to Persons with Disabilities
00:00 Syrian Bombardment Kills Nearly 100 in Eastern Ghouta
00:00 Security Project Gets $279 Million
00:00 $270 Million Allocated to Citizen Security and Justice Programme
00:00 Sum Allocated to Rehabilitate Local Offenders and Deportees
00:00 PIOJ to Develop Statistical Migration Database
00:00 'Vagina Lady' hosts womb parties
00:00 All visits to GP suspended
00:00 Soft skills and education in Jamaica – Jamaica Observer
00:00 Teen of Jamaican ancestry among Florida school shooting victims – Jamaica Observer
00:00 8-y-o fears for future - August Town murder and mayhem crippling education of honour roll student and schoolmates
00:00 Wolmer's student to get psych eval over threatening voice note
00:00 Facebook to verify ads with postcards after Russian meddling
00:00 PNP taking NIDS fight to court, accuses PM of being stubborn

Last news

12312 Медвежий сценарий для криптовалют — bitnovosti.com реклама
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DBJ Provides $8 Billion in Funding Support for Businesses

The Development Bank of Jamaica (DBJ) has provided over $8 billion in funding support for businesses islandwide since the start of the 2017/18 fiscal year in April.

Managing Director, Milverton Reynolds, says the funds have been made available through equity funding under the Jamaica Venture Capital Programme (JVCP) as well as through capacity development and technical assistance initiatives.

Mr. Reynolds was speaking at Monday’s (February 12) launch of the DBJ’s fifth National Business Model Competition (NBMC), held at The Knutsford Court Hotel in New Kingston.

He pointed out that between April 2017 and January this year, loans totalling $6 billion were disbursed to micro, small and medium-sized enterprises (MSMEs).

These, he outlined, included $4.8 billion to small and medium-sized enterprises (SMEs) through approved financial institutions (AFIs), and $1.2 billion to micro entrepreneurs through approved microfinance institutions.

Mr. Reynolds also advised that the DBJ issued 1,120 vouchers to entrepreneurs, which enabled them to access $263.25 million.

He noted that under the “revolutionary” voucher programme, hundreds of entrepreneurs are now able to access loans and other forms of funding, “because their businesses have been strengthened”.

Additionally, he said the Bank facilitated 26 business start-ups under its Innovation Grant from New Ideas to Entrepreneurship (IGNITE) programme, which enabled those entities to access $60 million in grant funding, resulting in the creation of hundreds of new jobs.

Mr. Reynolds further indicated that the DBJ has committed approximately US$2.25 million under the JVCP to three private equity and three private credit funds entities, along with over US$233 million from local and international investors for investment in local and regional businesses.

While noting that the Bank is “very pleased by these achievements”, the Managing Director acknowledged that they did not result solely from the DBJ’s efforts, but involved collaborations with AFIs and microfinance institutions as well as fund managers and business service intermediaries.

“Also of tremendous significance is the support from our international development partners, such as the Inter-American Development Bank (IDB), Multilateral Investment Fund (MIF) and World Bank,” he pointed out.

“Over the years, we have developed partnerships with a critical group of institutions and organisations that share our mission, and we are deeply grateful for their support and belief in what we do at the DBJ,” the Managing Director added.

Noting that the DBJ is Jamaica’s foremost development bank, Mr. Reynolds said its role in nation-building is reinforced by “our focus on economic growth and development”.

The National Business Model Competition, which commenced in 2014, encourages and promotes entrepreneurship on the campuses of Jamaica’s colleges and universities.

Participating institutions in this year’s renewal, which runs from March 22 to 23, include the University of the West Indies; University of Technology; Edna Manley College of the Visual and Performing Arts; and Northern Caribbean University, which has won the competition since its inception.

The winner will represent Jamaica at the International Business Model Competition, slated for May10 to 11 in the United States.