{"id":16367,"date":"2025-02-18T08:29:05","date_gmt":"2025-02-18T13:29:05","guid":{"rendered":"https:\/\/thinkbigee.com\/?p=16367"},"modified":"2025-02-18T08:37:32","modified_gmt":"2025-02-18T13:37:32","slug":"elementor-16367","status":"publish","type":"post","link":"https:\/\/thinkbigee.com\/2025\/02\/18\/elementor-16367\/","title":{"rendered":"Development Bank of Jamaica Opens Applications for its Jamaica Business Fund (Cluster) Cohort 7, Prioritising Climate Resilience Projects"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"16367\" class=\"elementor elementor-16367\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-12c8626 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"12c8626\" 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-62c81f7\" data-id=\"62c81f7\" 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-d62cebd elementor-widget elementor-widget-porto_ultimate_heading\" data-id=\"d62cebd\" 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\t\t<div class=\"porto-u-heading  porto-u-55ca8359258f9a412be7e73af65d2aac \"><div class=\"porto-u-sub-heading\" style=\"\"><p><strong>Development Bank of Jamaica Opens Applications for its Jamaica Business Fund (Cluster) Cohort 7, Prioritising Climate Resilience Projects<\/strong><\/p><\/div><style>.porto-u-55ca8359258f9a412be7e73af65d2aac.porto-u-heading{text-align:center}<\/style><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0bc3c90 elementor-widget elementor-widget-porto_ultimate_heading\" data-id=\"0bc3c90\" 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\t\t<div class=\"porto-u-heading  porto-u-ad87e2eaf3f9c495180fe0156ddf3eb0 \"><div class=\"porto-u-sub-heading\" style=\"\"><p>Kingston, Jamaica, February 10, 2025 \u2013 The Development Bank of Jamaica (DBJ), through its Boosting Innovation Growth and Entrepreneurship Ecosystems (BIGEE) programme has opened a six-week - Call for Proposals, from February 10th to March 19th for the Jamaica Business Fund (JBF). This is a grant fund product aimed at supporting groups of businesses, operating as clusters, where funding of up to US$250,000 is available for successful projects.<\/p><p>\u201cIn this the 7th cohort of the JBF grant funding programme, the DBJ remains committed to fostering sustainable economic growth and development of all Jamaicans. This cycle is targeting projects seeking to strengthen the climate resilience of micro, small and medium sized businesses, while simultaneously increasing their productivity through strategic investments in knowledge, equipment and technology, so that they may thrive in an evolving global economy\u201d stated Edison Galbraith, Acting Managing Director of DBJ.<\/p><p>The JBF supports two types of groups, namely Horizontal Business Alliances and Vertical Business Alliances. For this grant product, a Horizontal Business Alliances represents a group of at least four companies that come together to improve their productivity and competitiveness through economies of scale. A Vertical Business Alliance describes a group consisting of an anchor firm (main buyer) and its suppliers seeking to implement a project that contributes to the improvement of productivity, thus improving the competitiveness of the value chain<\/p><p>Christopher Brown, Programme Manager, BIGEE at the DBJ explains; \u201cGiven the current challenges facing the Caribbean and the world, the Jamaica Business Fund prioritises climate resilient solutions, recognising that adaptation and mitigation innovations are essential for Jamaica\u2019s sustainable economic growth. We encourage persons to apply by completing the application form online at www.thinkbigee.com, where the application window will remain open until March 19th.<\/p><p>Key features of this cycle of the JBF include a requirement for each cluster to have a minimum of four beneficiaries, submission of proof of counterpart funding (with the grant covering 70% of the total investment), and a focus on projects aimed at increasing productivity, expanding into new markets, boosting exports, or promoting import substitution. Since the inception of the JBF, the Government of Jamaica, has invested JM$957M across four cycles. In 2023, the DBJ replicated the model under its BIGEE programme and invested a further JA$513M across two cycles.<\/p><p>The DBJ is the executing agency for a Government of Jamaica, IDB and European Union funded programme known as Boosting Innovation, Growth and Entrepreneurship Ecosystems (BIGEE) which is focused on growing the innovation and entrepreneurship ecosystems in Jamaica.<\/p><p>For further information, please contact:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Christopher Brown, Programme Manager, BIGEE\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Development Bank of Jamaica\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 11a Oxford Road, Kingston 5\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Telephone 876-929-4000\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 www.thinkbigee.com<\/p><\/div><style>.porto-u-ad87e2eaf3f9c495180fe0156ddf3eb0.porto-u-heading{text-align:left}<\/style><\/div>\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 Opens Applications for its Jamaica Business Fund (Cluster) Cohort 7, Prioritising Climate Resilience Projects Kingston, Jamaica, February 10, 2025 \u2013 The Development Bank of Jamaica (DBJ), through its Boosting Innovation Growth and Entrepreneurship Ecosystems (BIGEE) programme has opened a six-week &#8211; Call for Proposals, from February 10th to March 19th for [&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":[19],"tags":[],"class_list":["post-16367","post","type-post","status-publish","format-standard","hentry","category-news"],"featured_image_src":{"landsacpe":false,"list":false,"medium":false,"full":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Development Bank of Jamaica Opens Applications for its Jamaica Business Fund (Cluster) Cohort 7, Prioritising Climate Resilience Projects - 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\" 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