Information minister, Dr. Dana Morris Dixon, says the government remains committed to supporting the growth and development of micro, small and medium-sized enterprises, MSMEs.
Dr. Morris Dixon was speaking against the background of the recent award of $160 million in grants to eight medium-sized companies by the Development Bank of Jamaica, DBJ.
The financial assistance comes from the DBJ’s Boosting Innovation Growth and Entrepreneurship Ecosystems, BIGEE, programme.
The BIGEE programme is focused on ensuring that entrepreneurs and business operators are provided with the necessary tools and knowledge that will enable them to grow and scale their businesses.
The minister who was addressing Wednesday’s post-cabinet press briefing at Jamaica House, says each company received $20 million to aid the development and commercialisation of innovative products, services, processes and business models.
The eight beneficiaries are Esirom, Saddle Energy, HTB Manufacturers and Distributors, Medical X-ray Institute, Sunshine Dialysis Centre, Club House Brewery, Adtelligent and Book Fusion.