{"id":9593,"date":"2022-08-04T19:42:36","date_gmt":"2022-08-04T19:42:36","guid":{"rendered":"https:\/\/thinkbigee.com\/?page_id=9593"},"modified":"2024-06-27T15:59:21","modified_gmt":"2024-06-27T20:59:21","slug":"dbj-angel-fund","status":"publish","type":"page","link":"https:\/\/thinkbigee.com\/dbj-angel-fund\/","title":{"rendered":"DBJ Angel Fund"},"content":{"rendered":"\t\t
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.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/section>\r\n\t\t\t\t An example of how it will work: John, an Angel Investor, has committed to investing US$50K in Company X. \u00a0John 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.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/section>\r\n\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t\t 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.\u00a0<\/b> 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\u2019s 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. \u00a0Successfully 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.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/section>\r\n\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/section>\r\n\t\t\t\t Building\u00a0investor and entrepreneur readiness to access the fund as well as creating the right networking and connections opportunities to keep investors and entrepreneurs viable.<\/b><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\tDBJ Angel Fund Objective<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
To Increase patient investment in Jamaican start-ups <\/h3><\/div> <\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
To boost angel investor activity<\/h3><\/div> <\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
To Provide start-ups with access to long-term (up to 5 years) patient <\/h3><\/div> <\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
To Reduce the funding gap for high potential Jamaican start-ups<\/h3><\/div> <\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/div>\r\n\t\t\t\t
To Develop the next Jamaican entrepreneurial success cases<\/h3><\/div> <\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/section>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/section>\r\n\t\t\t\t
DBJ Angel Fund Details<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t<\/section>\r\n\t\t\t\t
How it Works<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
Angel Investor designation<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
This is an opportunity for founders of these start-ups and for potential angel investors who can take a \u201csmart capital\u201d investment risk while seeking the rewards of patient financing of the next group of Jamaican innovators and business titans.<\/p>Resources<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
DBJ Angel Fund<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
Investments That Make a Meaningful Difference for Your Business<\/span><\/h2>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
What Are you waiting for?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
More Products<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\n\t\t\t\tPatent Grant Fund\t\t\t<\/a>\n\t\t<\/h2>\n\t\t\t\t