{"id":16133,"date":"2024-01-03T09:13:59","date_gmt":"2024-01-03T14:13:59","guid":{"rendered":"https:\/\/thinkbigee.com\/?p=16133"},"modified":"2024-01-03T09:18:48","modified_gmt":"2024-01-03T14:18:48","slug":"elementor-16133","status":"publish","type":"post","link":"https:\/\/thinkbigee.com\/2024\/01\/03\/elementor-16133\/","title":{"rendered":"Development Bank of Jamaica re-opens INNOVATION GRANT APPLICATION WINDOW"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"16133\" class=\"elementor elementor-16133\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2608927 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2608927\" data-element_type=\"section\">\r\n\t\t\r\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\r\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e8c577e\" data-id=\"e8c577e\" data-element_type=\"column\">\r\n\t\t\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\r\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b098921 elementor-widget elementor-widget-porto_ultimate_heading\" data-id=\"b098921\" data-element_type=\"widget\" data-widget_type=\"porto_ultimate_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"porto-u-heading  porto-u-4794 \"><div class=\"porto-u-sub-heading\" style=\"\"><h4>Development Bank of Jamaica re-opens INNOVATION GRANT APPLICATION WINDOW<\/h4><\/div><style>.porto-u-4794.porto-u-heading{text-align:center}<\/style><\/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<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5387f1c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5387f1c\" data-element_type=\"section\">\r\n\t\t\r\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\r\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-42fd218\" data-id=\"42fd218\" data-element_type=\"column\">\r\n\t\t\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\r\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-275e6ba elementor-widget elementor-widget-text-editor\" data-id=\"275e6ba\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Kingston, Jamaica, January 2 The Development Bank of Jamaica (DBJ), through its Boosting Innovation Growth and Entrepreneurship Ecosystems (BIGEE), is pleased to announce that the Application Window for its Innovation Grant Fund (IGF) is now open, effective January 2, 2024. The Application Window will remain open for six (6) weeks, until February 13, 2024.<\/p><p>\u00a0<\/p><p>The Innovation Grant Fund (IGF) is an opportunity for medium-sized Jamaican companies with new and innovative products and service to access grant funding in the amount of Twenty million Jamaican Dollars (J$20 million).<\/p><p>\u00a0<\/p><p>Christopher Brown, Programme Manager, BIGEE states; \u201cThe DBJ is delighted at the projects we have funded in the last three iteration, since we began in 2020. To date we have awarded grants to twelve (12) medium-sized Jamaican companies representing an investment by the Bank of J$190 million. The majority of the projects have been successfully completed and the remaining are now in the Close Out phase; all of which has recorded growth and on an upward trajectory.\u201d<\/p><p>\u00a0<\/p><p>Lu\u2019 Shana Cheddesingh, Technical Coordinator under whose portfolio the Innovation Grant Fund falls explains \u201cFor this the fourth cohort of the IGF, we will be utilising the funding received from the European Union (EU) and so strong focus of the incoming cohort will be placed on two main areas &#8211; Women-led and\/owned businesses, and Climate Mitigation projects. We will continue to fund projects from Jamaica\u2019s productive sectors\u201d. Continuing Ms. Cheddesingh stressed that, \u201cApplication process is via our website at www.thinkbigee.com.\u201c<\/p><p>\u00a0<\/p><p>The DBJ is encouraging medium-sized Jamaican companies with innovative products and or services that are new and revolutionary to apply.<\/p><p>\u00a0<\/p><p>BIGEE \u2013 Boosting Innovation Growth &amp; Entrepreneurship Ecosystem \u2013 is the Government of Jamaica (GOJ) five-year project valued at US$25 million and financed by the Inter-American Development Bank (IDB). The Development Bank of Jamaica (DBJ) is the Executing Agency. The Agreement was executed between the GOJ and the IDB late 2019; however, there were unforeseen delays in the launch due to the onset of the coronavirus pandemic. The objective of BIGEE is to promote sustainable and robust growth among start-ups and Micro, Small and Medium Enterprises (MSMEs) in Jamaica. In 2021 based on the performance of the programme, the European Union (EU) awarded a non-reimbursable grant of US$8.2 million to support the initiative.<\/p><p>The DBJ, a wholly owned institution of the GOJ has assumed a catalytic role for initiatives that have significantly impacted MSME development over the years; this makes the institution a good fit to successfully implement the GOJ\u2019s and IDB\u2019s vision for the programme.<\/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","protected":false},"excerpt":{"rendered":"<p>Development Bank of Jamaica re-opens INNOVATION GRANT APPLICATION WINDOW Kingston, Jamaica, January 2 The Development Bank of Jamaica (DBJ), through its Boosting Innovation Growth and Entrepreneurship Ecosystems (BIGEE), is pleased to announce that the Application Window for its Innovation Grant Fund (IGF) is now open, effective January 2, 2024. The Application Window will remain open [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","cybocfi_hide_featured_image":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[30,19],"tags":[],"class_list":["post-16133","post","type-post","status-publish","format-standard","hentry","category-media","category-news"],"featured_image_src":{"landsacpe":false,"list":false,"medium":false,"full":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Development Bank of Jamaica re-opens INNOVATION GRANT APPLICATION WINDOW - Grow Bigger with BIGEE - Grants, Loans and Programmes to Grow your Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thinkbigee.com\/2024\/01\/03\/elementor-16133\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Development Bank of Jamaica re-opens INNOVATION GRANT APPLICATION WINDOW - Grow Bigger with BIGEE - Grants, Loans and Programmes to Grow your Business\" \/>\n<meta property=\"og:description\" content=\"Development Bank of Jamaica re-opens INNOVATION GRANT APPLICATION WINDOW Kingston, Jamaica, January 2 The Development Bank of Jamaica (DBJ), through its Boosting Innovation Growth and Entrepreneurship Ecosystems (BIGEE), is pleased to announce that the Application Window for its Innovation Grant Fund (IGF) is now open, effective January 2, 2024. 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