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November 2022
 

25 November 2022

Jamaica Intellectual Property Office Project Manager Kayanne Anderson addressing a recent Jamaica Observer Press Club.

JIPO upbeat banks will accept IP as loan insurance

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 25 Nov 2022    admin   
The Jamaica Intellectual Property Office (JIPO) is upbeat about the prospect of commercial banks accepting intellectual property (IP) as collateral to provide financing to micro, small and medium-sized enterprises (MSMEs). At the most recent Jamaica Observer Press Club where the concept of IP-backed financing to access business loans was discussed, JIPO's Project Manager Kayanne Anderson stressed that as the economy continues to evolve, all players, including commercial banks, must find new ways of doing business. "What we have to understand in this economy is that we are actually in a...


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Deputy Chief Executive Officer (JBDC) Harold Davi.

JBDC to measure economic impact of creative, cultural industries

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 25 Nov 2022    admin   
The Jamaica Business Development Corporation (JBDC) will be launching a creative voices survey later this month to obtain empirical data on the cultural and creative industries (CCI). Deputy Chief Executive Officer (JBDC) Harold Davis said that the survey will help to provide an economic impact assessment of the sector. “It’s important to understand that if you cannot count it, it doesn’t exist. If you cannot measure it, you can’t improve it [or] monetise it as well,” said Davis. He noted that the lack of comprehensive and empirical data on the CCI to identify, among other things, who the...


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Minister of State in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn, addressing the recent Young Entrepreneurs Association (YEA) Young Entrepreneur Success Summit and Expo, at the Jamaica Conference Centre in downtown Kingston.

More Persons Encouraged to Become Entrepreneurs

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 25 Nov 2022    admin   
As Jamaica’s resilience against the COVID-19 pandemic continues to fuel the economy’s gradual recovery from the resulting fallout, more persons are being encouraged to become entrepreneurs. This urging comes from Minister of State in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn, who was speaking during the recent Young Entrepreneurs Association (YEA) Young Entrepreneur Success Summit and Expo. The event was held at the Jamaica Conference Centre in downtown Kingston under the theme ‘Rising with Resilience’. Dr. Dunn noted several positive indicators, which he...


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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill (left), greets High Commissioner for the Republic of Trinidad and Tobago to Jamaica, His Excellency Deryck Lance Murray (right), during the Doing Business with Jamaica trade mission at The Jamaica Pegasus hotel in New Kingston on November 21. Looking on (from second left) are President of the Trinidad and Tobago Manufacturers Association (TTMA), Tricia Coosal and Minister of Trade and Industry, Trinidad and Tobago, Paula Gopee-Scoon.

Delegation from Trinidad on Four-Day Trade Mission to Jamaica

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 25 Nov 2022    admin   
A delegation comprising 17 companies from the twin-island republic of Trinidad and Tobago is now in Jamaica on a trade mission. The four-day visit by the companies, which span construction, food and beverage, logistics, packaging and printing, chemicals as well as other sectors, is part of an effort to expand and promote bilateral export trade between the countries. Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, who welcomed the trade mission at The Jamaica Pegasus hotel in New Kingston on Monday (November 21), noted that Jamaica is an excellent place to do...


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Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill.

Industry Minister Urges Business Collaboration with Muslim Community

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 25 Nov 2022    admin   
Members of the country’s Muslim business community are being urged to seek collaboration and cooperation opportunities with the Jamaica Chamber of Commerce (JCC). Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, who made the call, said that such partnerships could bring many more Muslim investors to Jamaica. He was speaking recently at an Empowerment Seminar and Business Expo staged by Home Choice Enterprise Limited at The Knutsford Court Hotel in New Kingston. In his address, Senator Hill lauded the host organisation for its “well-placed” support to Muslim and...


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State Minister in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn (right) listens as Factory Manager, Seprod, Fredy Graell explains the process of testing samples of finished products during a tour of Seprod’s Milk and Dairy Production Plant in St. Catherine on November 18.

Dr. Dunn Tours Seprod’s Milk and Dairy Production Plant

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 25 Nov 2022    admin   
Minister of State in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn on Friday (November 18) toured Seprod’s Milk and Dairy Production Plant in St. Catherine, as part of activities to mark World Antimicrobial Resistance Week. World Antimicrobial Resistance Week is being observed from November 18 -24, under the sub-theme ‘Antimicrobial Resistance Environmental Health and Trade: Creating Solutions’. The tour highlighted the role of Seprod in preventing antimicrobial resistant pathogens and pesticide residues through the sourcing of safe milk, access to clean water,...


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Minister of state in the Ministry of Industry, Investment and Commerce Dr Norman Dunn (left) addressing a recent meeting of the Jamaica Observer Press Club. Looking on are Martin Brassell, co-founder and CEO of the British firm Inngot, which is advising the Jamaican Government; and Kelsea Chambers, manager, programmes and public education at Jamaica Intellectual Property Office. (Photo: Garfield Robinson)

BOLD MOVE: Gov't pushing plan allowing MSMEs to use intellectual property as collateral for loans

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 25 Nov 2022    admin   
MINISTER of state in the Ministry of Industry, Investment and Commerce Dr Norman Dunn has declared that the Government has embarked on a game changing move with its decision to allow the use of intellectual property (IP) as collateral. "This undertaking is a bold and audacious endeavour that will potentially transform the business landscape and monetise our vibrant culture," Dunn told a recent meeting of the Jamaica Observer Press Club as he explained the plan to introduce IP-backed financing for micro, small and medium-sized enterprise (MSMEs) in Jamaica. IP-backed financing is designed to...


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The Ministry

Welcome to the official website of the Ministry of Industry, Investment and Commerce.

The Ministry of Industry, Investment and Commerce is described as Jamaica's "Business Ministry." It's mandate is to lead the development of policies that will create growth and jobs, while achieving social inclusion and consumer protection. The Ministry, working its stakeholders is primarily responsible for business policy development, monitoring and evaluation, while giving direction and oversight to a cluster of implementing departments and agencies.

We have, therefore, placed much energy and enthusiasm into the development of this website to provide timely information on the Ministry, our agencies and programmes.

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Telephone: (876) 968-7116 
Fax: (876) 960-7422 
Email: information@miic.gov.jm

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Fridays 8:30 a.m. - 4:00 p.m.

 

The Ministry of Industry, Investment and Commerce - https://www.miic.gov.jm