News

April 20, 2021

Mr. Milverton Reynolds, Managing Director of the Development Bank of Jamaica Limited (DBJ) has announced that Actus Partners Ltd., a management consultancy firm focused on alternative private equity & venture capital solutions,

December 7, 2020

The Development Bank of Jamaica (DBJ), through the Government of Jamaica has received financing from The World Bank, and intends to apply a portion of the proceeds of the loan towards the cost of Access to Finance for Micro, Small and medium Enterprises (MSMEs) projects, specifically to Component 2:  Supporting a SME Fund for risk capital financing.

July 22, 2020

KINGSTON, July 22 –: “The DBJ is doing everything to help businesses survive,” says Milverton Reynolds, Managing Director of the Development Bank of Jamaica. “Although Covid-19 has disrupted all our lives…our commitment to our mandate to facilitate economic growth in Jamaica remains strong.”

He was speaking on Tuesday at JVCAPITAL’s Alternative Investments webinar titled: DBJ …. The Way Forward for Jamaica’s MSMEs. Produced in collaboration with the Caribbean Alternative Investments Association (CARAIA), it was the last in a 7-part series that explored non-traditional asset classes and options for financing businesses. 

June 12, 2020

Jamaica’s National Business Model Competition winner – Herboo Enterprises - has placed 8th, out of a total of 42 teams in the finals of the International Business Model Competition that took place in Salt Lake City, Utah from May 1 - 3.  The local team was also awarded the International Business Model Award. They won a total of US$ 6,000.00.
 
The IBMC is currently co-hosted by Brigham Young University, Harvard University, and Stanford University.  This year’s event was held at Brigham Young University in Utah, and teams from universities worldwide, competed for the prestigious award of IBMC trophy and cash prize of US$25,000…

June 3, 2020

The Development Bank of Jamaica (DBJ) today announced that in conjunction with partners it will host a two-day  Conference on Infrastructure Development under the theme:  DELIVERING ECONOMIC GROWTH THROUGH PARTNERSHIP:  Private Sector Participation in Infrastructure Development.
 
This regional conference will be held at the Jamaica Pegasus on March 6 and 7, starting at 8:30 a.m. each day. 
 
 
Set against the background of Caribbean governments looking to Public Private Partnerships (PPPs) and other forms of private sector participation as efficient alternate financing mechanisms for the delivery of public…