{"id":16397,"date":"2025-02-26T11:22:18","date_gmt":"2025-02-26T16:22:18","guid":{"rendered":"https:\/\/thinkbigee.com\/?p=16397"},"modified":"2025-02-26T11:26:38","modified_gmt":"2025-02-26T16:26:38","slug":"elementor-16397","status":"publish","type":"post","link":"https:\/\/thinkbigee.com\/2025\/02\/26\/elementor-16397\/","title":{"rendered":"Development Bank of Jamaica signs Memorandum of Understanding with Caribbean Export to Launch Corporate Venturing (Pilot) Programme"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"16397\" class=\"elementor elementor-16397\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7a7e4f7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7a7e4f7\" 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-f4aebeb\" data-id=\"f4aebeb\" 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-9732c0e elementor-widget elementor-widget-porto_ultimate_heading\" data-id=\"9732c0e\" 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 signs Memorandum of Understanding with Caribbean Export to<\/strong><br \/><strong>Launch Corporate Venturing (Pilot) Programme<\/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\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-7e517bf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7e517bf\" 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-a9a83a8\" data-id=\"a9a83a8\" 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-bdaf59b elementor-widget elementor-widget-porto_ultimate_heading\" data-id=\"bdaf59b\" 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>February 24, 2025\u2026The Development Bank of Jamaica today (February 24) signed an Agreement with the Caribbean Export Development Agency (Caribbean Export\/CE) for the introduction of a grant funding initiative aimed at driving Corporate Venturing and entrepreneurial innovation. The initiative will provide grant funding for local tech entrepreneurs and innovators who have secured a partnership with corporate entities to solve challenges. The DBJ, will provide grant funding to the tech entrepreneurs and innovators of up to US$75,000 once there is a partnership established between the corporate and a tech entrepreneur.<\/p><p><br \/>The MoU will provide local tech entrepreneurs with access to the EU-LAC Digital Accelerator which is led by TECNALIA and major international benchmark institutions such as IESE Business School, WAYRA-Telef\u00f3nica, the European Business and Innovation Centre Network (EBN), the European Business Angels Network (EBAN), Expertise France, TECNALIA Ventures, Inter-American Development Bank IDB-Lab, TECNALIA-Colombia and implemented by Caribbean Export across the region.<\/p><p><br \/>Speaking at the Signing Ceremony, Edison Galbraith, Acting Managing Director, stated; \u201cThis Agreement will expand the activities within the Jamaican entrepreneurial ecosystem, by encouraging the participation of corporate companies. Corporates will be able to reap the benefits of the Jamaican entrepreneurs and innovators, collaborating to solve the challenges of corporates. It is a win-win for all, both corporates and the Entrepreneurs and Innovators. This is an investment in our people.\u201d<\/p><p><br \/>Under the programme the Bank will work with Caribbean Export to issue a \u2018Call for Challenges\u2019 from corporates and invite Tech Entrepreneurs and Innovators to register on the platform to offer solutions.<\/p><p><br \/>\u201cThis partnership with the Development Bank of Jamaica marks a significant step in fostering innovation and entrepreneurship in the Caribbean. By connecting tech entrepreneurs with corporate partners and facilitating access to critical funding, we are creating opportunities for scalable solutions that drive business competitiveness and economic growth. Caribbean Export is committed to supporting this initiative through training and access to global networks, ensuring that our region\u2019s innovators have the tools and resources needed to succeed in an increasingly digital world.\"<\/p><p><br \/>The DBJ is confirming that Caribbean Export will be conducting a series of training workshops with tech Entrepreneurs and Innovators prior to the issuing of the \u2018Call for challenges\u2019 from corporates. The first of these workshops will take place in Kingston, Jamaica on February 26th under the title \u201cNavigating Innovation: Bridging Corporations and Startups for a Thriving Digital Ecosystem in Jamaica.\u201d<\/p><p><br \/>\u201cThe Development Bank of Jamaica wants to encourage all Corporates to connect with us to learn more about how this programme can benefit your entities. To grow your footprint you must innovate, collaborate with the technology innovators and invest in research and development. Corporation have traditionally been slower to adapt to the changing environment. Let this programme be the kick-start for your transformation, stated Christopher Brown, Programme Manager, BIGEE.<\/p><p><br \/>The Development Bank of Jamaica is the Executing Agency for the Government of Jamaica US$25 million loan programme signed with the Inter-American Development Bank (IDB) in 2020 to build out Jamaica\u2019s entrepreneurial ecosystems. In 2021, BIGEE received a non-reimbursable grant of US8.2 million from the European Union to support the programme.<\/p><p>For further information, please contact:<br \/>Christopher Brown<br \/>Programme Manager, BIGEE<br \/>Development Bank of Jamaica<br \/>11a-15 Oxford Road<br \/>Kingston 5<\/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 signs Memorandum of Understanding with Caribbean Export toLaunch Corporate Venturing (Pilot) Programme February 24, 2025\u2026The Development Bank of Jamaica today (February 24) signed an Agreement with the Caribbean Export Development Agency (Caribbean Export\/CE) for the introduction of a grant funding initiative aimed at driving Corporate Venturing and entrepreneurial innovation. The initiative [&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-16397","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 v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Development Bank of Jamaica signs Memorandum of Understanding with Caribbean Export to Launch Corporate Venturing (Pilot) Programme - 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\/2025\/02\/26\/elementor-16397\/\" \/>\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 signs Memorandum of Understanding with Caribbean Export to Launch Corporate Venturing (Pilot) Programme - Grow Bigger with BIGEE - Grants, Loans and Programmes to Grow your Business\" \/>\n<meta property=\"og:description\" content=\"Development Bank of Jamaica signs Memorandum of Understanding with Caribbean Export toLaunch Corporate Venturing (Pilot) Programme February 24, 2025\u2026The Development Bank of Jamaica today (February 24) signed an Agreement with the Caribbean Export Development Agency (Caribbean Export\/CE) for the introduction of a grant funding initiative aimed at driving Corporate Venturing and entrepreneurial innovation. 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