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Valerie Viera, chief executive officer of the Jamaica Business Development Corporation.

OAS supports JBDC with growth of MSMEs

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 23 Dec 2021    admin   
THE ORGANIZATION of American States (OAS), through its Development Cooperation Fund (DCF), has approved a grant of US$100,000 to support the Jamaica Business Development Corporation (JBDC) with its project to accelerate the growth of micro, small and medium enterprises (MSMEs) in Jamaica through innovation and technology. This project will be implemented during the OAS/DCF’s 2021-2024 project cycle under the theme ‘Retooling MSMEs through innovation and technology’. The JBDC’s overall aim with this project is to improve access and dissemination of technological and non-technological tools and...


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Chocollor deepens market for pure artisanal chocolate

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 19 Dec 2021    admin   
PRODUCER of artisanal chocolate treats, start-up company Chocollor Chocolate Ltd, which is operated by Carl and Donna-Kaye Sharpe in Red Hills, St Andrew, which recently received one of the Jamaica Business Development Corporation (JBDC) Accelerator Programme awards, is now pushing its expansion programme. The company sells a product which the Sharpes say is different from the “sugary”, preservative-laden, imported brands commonly available. Chocollor is made with Jamaican fine chocolate and has seen sales growing even during the COVID-19 pandemic. Registered in 2020, the principals of the...


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Kevin Harriott, competition bureau chief at the Fair Trading Commission.

FTC promoting competition policy for an inclusive and resilient economy

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 19 Dec 2021    admin   
Today, the Fair Trading Commission (FTC) joins competition authorities around the world in commemorating ‘World Competition Day’, which was adopted by the United Nations in 1980 to popularise the need for promoting competition reforms. Although this day has been observed for just over two decades, competition legislation has been a faithful servant to economies for more than a century. In 1889, Canada became the first country to enact competition legislation. The objective was to develop a system to efficiently coordinate the allocation of scarce productive resources throughout the Canadian...


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Chief Executive Officer, Consumer Affairs Commission (CAC), Dolsie Allen, at a recent Jamaica Information Service (JIS) Think Tank in Kingston.

CAC Secures Over $14.7 Million On Behalf Of Aggrieved Consumers

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 18 Dec 2021    admin   
The Consumer Affairs Commission (CAC) has secured over $14.7 million in compensation on behalf of aggrieved consumers for the period April to November 2021. The disclosure was made by Chief Executive Officer, Dolsie Allen, at a recent Jamaica Information Service (JIS) Think Tank in Kingston. She noted that the sum “does not include the $7.5 million that we were awarded from the Tribunal hearing that we had earlier this year.” The award was made as a result of a consumer entering into a contract with a used car dealership to purchase a vehicle for the sum $5.4 million. The CAC Tribunal found...


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Director of Communications, Consumer Affairs Commission (CAC), Latoya Halstead, speaks at a Jamaica Information Service (JIS) 'Think Tank' on Tuesday, (December 14) at the Agency's head office in Kingston.

CAC Calls On Consumers To Avoid Impulse Shopping This Christmas

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 18 Dec 2021    admin   
The Consumer Affairs Commission (CAC) is urging consumers to avoid impulse shopping this holiday season. Speaking at a Jamaica Information Service (JIS) ‘Think Tank’, on Tuesday (December 14), Director of Communications, Latoya Halstead, said that to avoid buyers’ remorse, consumers should create a budget and shop around. “The fact is 2022 is going to be a new year, it will have challenges. Determine what you need as opposed to what you want – that’s the first thing –and in this way, you can shop around [and] compare the prices,” said Ms. Halstead. She emphasised that extensive research...


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Chief Executive Officer, Consumer Affairs Commission (CAC), Dolsie Allen, addressing a JIS Think Tank on Tuesday (December 14).

CAC Develops Buyers’ Guide To Help Consumers During Christmas

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 18 Dec 2021    admin   
The Consumer Affairs Commission (CAC) has developed a guide to assist consumers to make informed decisions when shopping during the yuletide season. “For this Christmas, we have put together what we call a Christmas Buyers’ Guide and it has a lot of information in there. It doesn’t tell you what to buy, when to buy, from whom to buy, but it does tell you how you can buy,” said the entity’s Chief Executive Officer, Dolsie Allen. She was addressing a Think Tank session at the Jamaica Information Service (JIS) head office in St. Andrew on Tuesday (Dec. 14). The Guide can be accessed via the CAC...


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Consumer Alert!

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 18 Dec 2021    admin   
Consumer Affairs Commission - Survey of Grocery Items December 8-9, 2021. CLICK HERE FOR FULL FLYER


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Melissa Barrett, business advisory services manager, Jamaica Business Development Corporation.

JBDC, DBJ to invest $60 million in accelerator programme

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 17 Dec 2021    admin   
THE JAMAICA Business Development Corporation (JBDC) is targeting 60 local entrepreneurs within the micro, small, and medium-sized enterprise (MSME) sector for Cohort 4 of its Accelerator Programme, which is set to get under way in early 2022. The six-month intensive development programme is being jointly funded by the JBDC and the Development Bank of Jamaica (DBJ). Melissa Barrett, business advisory services manager at the JBDC, says the upcoming cohort is set to be the agency’s biggest since the programme was first launched in 2017. “Previously, we engaged a maximum of 20 participants per...


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Diane Edwards, president of Jampro, and Omar Sweeney, managing director of the JSIF, display the signed memorandum of understanding between JSIF- Rural Economic Development Initiative II (REDI II) and Jampro at the signing ceremony held at Jamaica Pegasus in Kingston on Wednesday, December 8.

JSIF, Jampro sign MOU for Jamaica Blue Mountain Coffee market study

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 17 Dec 2021    admin   
THE Jamaica Social Investment Fund (JSIF) and the Jamaica Promotions Corporation (Jampro) have signed a memorandum of understanding (MOU) for the market study of the Jamaica Blue Mountain Coffee and the Jamaica High Mountain Coffee Sub-Project. According to JSIF Managing Director Omar Sweeney, the MOU seeks to set out the areas for cooperation and the respective roles and responsibilities regarding the implementation of a consultancy for the development of a coffee marketing strategy, the anticipated National Yam Strategy Consultancy, and any other projects eligible for funding under the...


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Power couple Carl and Donna-Kaye Sharpe pose with their JBDC B.O.S.S MAN and B.O.S.S LADY of the Year Awards.

A couple of bosses: JBDC awards B.O.S.S Man and B.O.S.S Lady to power couples

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 17 Dec 2021    admin   
THE JAMAICA Business Development Corporation (JBDC) annually awards exceptional local entrepreneurs through its B.O.S.S MAN and B.O.S.S LADY of the Year programme. This year’s finalists disproved the old adage that dissuades mixing family and business, as the programme saw two couples vying for the awards. On November 12, Carl Sharpe of Chocollor Chocolate copped the B.O.S.S Man of the YAearard, while his wife and business partner Donna-Kaye Sharpe took home the B.O.S.S Lady of the Year Award. The other power couple, Michael and Sonia Moodie of Portland Authentic Jerk, were the runners-up...


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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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