Jamaican small businesses and entrepreneurs now have access to up to seven million dollars in grants through the Innovation Grant for New Ideas to Entrepreneurship or IGNITE IV programme.
The IGNITE programme, first introduced in 2016, is funded under a five-year loan agreement between the Government of Jamaica and the Inter-American Development Bank.
The application window for IGNITE IV is now open, and targets innovative businesses which are seeking to grow.
The programme will provide grant funding and capacity building support.
The Development Bank of Jamaica, which is spearheading the initiative, is placing strong emphasis on projects or businesses in the categories of Climate Change and Gender, Tourism and Creatives, Manufacturing and Agriculture, and Technology.
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