Govt to pump over $1B in BIGEE project

The government plans to pump about $1.2 billion in the Boosting Innovation, Growth and Entrepreneurship Ecosystems (BIGEE) project in fiscal year 2024/25.

The project, which is being implemented by the Development Bank of Jamaica (DBJ), is aimed at promoting sustainable and robust growth among startups and micro, small and medium-sized enterprises (MSMEs) in Jamaica.

The project began in 2020 and is slated to end in March 2025.

Prime Minister Andrew Holness says more Jamaicans need to make use of the facility.