DBJ to facilitate venture capital and private equity transactions

The Development Bank of  Jamaica (DBJ) is implementing initiatives aimed at facilitating venture capital and private equity transactions.                 

They will be undertaken with technical assistance from the Inter-American Development Bank (IDB).  
    
According to Julian Robinson, Minister of  State for Technology, the initiatives include the establishment of  an appropriate legal and regulatory framework.
    
A Private Equity and Venture Capital Association will also be established.