Resources
The DBJ Angel Fund leverages Angel Investor’s investments to support innovative, scalable start-up stage businesses registered in Jamaica. The Angel Co-Investment Fund matches the investments made by approved Angel Investors. DBJ will commit US$2 million to the DBJ Angel Fund and provide matching investments between US$50,00 and US$100,000 per round to start-up stage MSMEs/investor teams who meet eligibility and investment criteria.
DBJ Angel Fund Objective
To Increase patient investment in Jamaican start-ups
To boost angel investor activity
To Provide start-ups with access to long-term (up to 5 years) patient
To Reduce the funding gap for high potential Jamaican start-ups
To Develop the next Jamaican entrepreneurial success cases
DBJ Angel Fund Details
How it Works
An example of how it will work: John, an Angel Investor, has committed to investing US$50K in Company X. John and Company X can apply jointly to the DBJ Angel Fund for a matching investment. If Company X meets the eligibility criteria, and both John and Company X pass the due diligence assessment, the DBJ Angel Fund would make a matching investment of US$50K.
Angel Investor designation
The DBJ is seeking to support innovation-based, scalable, high growth potential start-ups in Jamaica by partnering with high-net-worth individuals who want to invest in them.
This is an opportunity for founders of these start-ups and for potential angel investors who can take a “smart capital” investment risk while seeking the rewards of patient financing of the next group of Jamaican innovators and business titans.
Angel Investors taking the lead on a deal involving a qualifying start-up company in any of the targeted industries may apply to the DBJ’s Angel Fund for designation as a DBJ-Approved Angel Investor and for the Fund to co-invest in the deal. This designation includes due diligence checks involving background screening of applicants. Successfully passing these checks will enable the award of the DBJ-Approved Angel Investor designation, and allow the investor to apply to the Fund, in partnership with the investee start-up company.
Resources
DBJ Angel Fund
Investments That Make a Meaningful Difference for Your Business
Building investor and entrepreneur readiness to access the fund as well as creating the right networking and connections opportunities to keep investors and entrepreneurs viable.
What Are you waiting for?
More Products
Resources IGNITE Fact
Overview The Innovation
Overview The Innovation
Overview The Innovation
Overview The Innovation
Overview The Innovation
Overview The Innovation
Overview The Development