Small and medium-sized enterprises (SMEs) in the Caribbean region are to benefit from a technical cooperation project that will enable them to generate wealth from their intellectual entrepreneurial assets (IEA). Dubbed Regional Entrepreneurial Asset and Commercialization Hub (REACH), the project will provide capacity building, training and mentorship in technology commercialisation; creative industries intellectual asset management; and product branding value capturing....

The Jamaica Business Development Corporation (JBDC) and First Angels Jamaica (FAJ) have signed a three-year Memorandum of Understanding (MOU), under which micro, small and medium-sized enterprises (MSMEs) will receive assistance to deliver winning business pitches. The FAJ is an angel investor group that backs the start-up ventures of aspiring local entrepreneurs. Speaking in an interview with JIS News, JBDC Deputy...

The Jamaica Productivity Centre (JPC) has embarked on a public-education programme in order to build a culture of productivity and to motivate persons to recognise the value of production to national development. Speaking at a Jamaica Information Service (JIS) Think Tank held Wednesday, (November 9), Executive Director of the JPC, Dr. Charles Douglas, said students are being targeted in the...

Executive Director of the Jamaica Productivity Centre (JPC), Dr. Charles Douglas, says the new 15-member Board will assist the agency to “spread the productivity message” The new Board will be chaired by President of The Jamaica Manufacturers’ Association (JMA) Limited, Metry Seaga. Speaking at a Jamaica Information Service (JIS) ‘Think Tank’ yesterday (November 9), at the agency’s head office in...

Prime Minister, the Most Hon. Andrew Holness, joined with German and local investors in ushering a new industry into the local economy with the launch of German Ship Repair Jamaica (GSRJ) Limited on Thursday (November 3). Mr. Holness said the Jamaican-German company, which started operations last week, aligns with the Government’s vision of making Jamaica a logistics-centred economy, and expressed...

Consumer groups are being urged to shift their traditional role of advocacy, and engage more in education on the rights that purchasers of goods and services have. Making the call, Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda, said the organisations must refocus, as new markets, products and services through the Internet and other technologies create the potential...

President of the Inter-American Development Bank (IDB) Group, Luis Alberto Moreno, says digital finance has the potential to significantly boost the economies of countries throughout the region. Citing a report by the McKinsey Global Institute, he said the widespread adoption of digital finance could boost the gross domestic product (GDP) of all emerging economies by $3.7 trillion per year over...