Government of Jamaica

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THE MSME SECTOR


The Micro, Small and Medium Enterprise (MSME) sector is a Priority Programme within the Ministry of Industry, Commerce, Agriculture & Fisheries and remains a priority for the Government of Jamaica. The MSME sector accounts for 80% of jobs in the Jamaican economy and MSMEs contribute significantly to GDP, employment and wealth creation, poverty alleviation, female employment and social stability.

MSMEs collectively face challenges that hinder their growth and development during the entrepreneurial journey. With this in mind, the Government of Jamaica is utilizing a targeted approach to support the growth of MSMEs through creative partnerships and collaborations of Ministries, Departments and Agencies, the private sector and all organisations that support MSMEs.

 

The national definitions for MSMEs in Jamaica are defined as follows:

  PRIMARY INDICATOR SECONDARY INDICATOR
Firm Category Total Annual Sales/Turnover Number of Employees
MICRO < J$15 million < 5
SMALL > J$15 million < J$75 million 6-20
MEDIUM > J$75 million < J$425 million 21-50

 

 

The Ministry

Welcome to the official website of the Ministry of Industry, Commerce, Agriculture and Fisheries.

The Ministry of Industry, Commerce, Agriculture and Fisheries (MICAF) has been charged with the responsibility of driving the integration of the production of primary agricultural produce along all the stages of the supply chain through to value added and facilitating full commercialization of outputs of the agriculture, manufacturing, and service sectors.

We have, therefore, placed much energy and enthusiasm into the development of this website to provide timely information on the Ministry, our agencies and programmes.

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4 St. Lucia Avenue, Kingston 5, Jamaica
Telephone: (876) 968-7116 
Fax: (876) 960-7422 

Hope Gardens, Kingston 6, Jamaica
Telephone: (876) 927-1731-50 / (876) 619-1731
Fax: 876-927-1904
Email: psecoffice@micaf.gov.jm