Jamaica Venture Capital Programme (JVCP)

Name of Entity: 

Development Bank of Jamaica (DBJ)

Brief Description: 

The Jamaica Venture Capital Programme was developed in recognition of the gaps that exist in the traditional financing options to MSMEs. In 2013 the GOJ through the Development Bank of Jamaica (DBJ) held the first Venture Capital Conference. The conference established a Venture Capital and private equity fund operated by qualified local and international fund managers. Entrepreneurs and small business owners have the opportunity to pitch their business ideas to fund managers in order to seek funding. The Venture Capital Programme incorporates elements of the approaches of commercial finance and micro finance so as to ensure a holistic approach.

Benefits: 

The major imperatives of the JVCP are:-

• Developing a venture capital ecosystem to create an environment conducive to the establishment of a dynamic private equity/venture capital (PE/VC) industry to include legal, taxation and regulatory changes as well as significant training of local investors, fund managers and entrepreneurs.

• Fostering the establishment of new venture capital and private equity funds through public and private sector collaboration with local and international fund managers.

• Building strong linkages with our international development partners (IDPs), the Jamaican Diaspora, as well as our Latin American and Caribbean neighbours.

Find Contact: 

Jamaica Venture Capital Programme
Project Consultant
Development Bank of Jamaica
11a – 15 Oxford Road
Kingston 5
Telephone: (876) 929-4000, (876) 619-4000
Fax Number:  (876) 929-6055

Learn More: