The Jamaica Social Investment Fund (JSIF) is offering $15 million in grant funding to some micro-enterprises.
Reports indicate Jamaica’s total export earnings fell by almost 10 per cent while the import expenditure increased by over 32 per cent for January and February when compared to the corresponding period last year.
Read more: Jamaica’s Export Earnings Plummet as Imports Climb
Richard Pandohie, CEO of Seprod Group and Co-Chairman of the Economic Programme Oversight Committee (EPOC), has decried the high-crime situation in Jamaica, describing it as a crisis, for which a solution must be found.
Read more: Business Leader Says Too Much Lip Service Has Been Paid To Crime in Jamaica
The National Export-Import (EXIM) Bank has, to date, approved and disbursed 162 loans valued at some $1.56 billion to 72 beneficiaries, through a loan facility established to provide financing to small and medium tourism enterprises (SMTEs).
Read more: EXIM Bank disburses 162 loans to finance tourism enterprises
The Companies Office of Jamaica (COJ) is urging owners of small and medium-sized tourism enterprises (SMTEs) to register their businesses.