The Micro Investment Development Agency (MIDA) was established in 1991 as a limited liability company to assist the Government of Jamaica in taking a focused approach to the development of the micro enterprise sector.
MIDA has a mandate to promote sustainable growth in the micro enterprise sector through the provision of financing and financial services. Since inception, the agency has raised some $650.0 million for the sector. From this pool of funds the agency has provided approximately $3 billion in credit to finance over 33,000 businesses while creating and/or sustaining some 56,000 part time and full time jobs.
The Agency’s vision is to build a revolving pool of startup capital and cheap credit funds to assist new and existing Micro, Small and Medium-sized Enterprises (MSMEs) to create wealth and generate employment within the sector and to act as fund managers for the Government of Jamaica credit funds earmarked for on-lending to the Micro, Small and Medium-sized Enterprises (MSMEs) through a network of existing Approved Lending Agencies with solid records of success, progressive and competitive thinking.
Welcome to the official website of the Ministry of Industry, Investment and Commerce.
The Ministry of Industry, Investment and Commerce is described as Jamaica's "Business Ministry." It's mandate is to lead the development of policies that will create growth and jobs, while achieving social inclusion and consumer protection. The Ministry, working its stakeholders is primarily responsible for business policy development, monitoring and evaluation, while giving direction and oversight to a cluster of implementing departments and agencies.
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.