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.
The MSME sector is supported by the Updated MSME & Entrepreneurship Policy (2018). On July 3, 2018, the updated MSME & Entrepreneurship Policy was tabled in the Houses of Parliament as a White Paper.
The policy present the goals that will support the MSME sector throughout the entrepreneurship process.
The MSME Division
The Government of Jamaica is committed to strengthening the policy environment for MSMEs. The MSME Division was established in 2016 within the Ministry of Industry, Commerce, Agriculture and Fisheries, with the mandate to facilitate the development of a policy environment, through research, promotion and outreach, advocacy, effective planning, effective monitoring and broad based collaboration through strategic partnerships.
Search for island wide opportunities that will help you to develop and grow your business. The MSME Resources Search Tool includes information on a wide range of opportunities from both private and public sector business enablers and financiers.
The MSME Resources Search Tool is Jamaica’s only multi-theme, online source for accessing current information on opportunities to help you grow your business.
CLICK HERE to begin your search for programmes and services that can boost the growth and development of your MSME.
MSME Digitalization Plan
The Ministry of Industry, Commerce, Agriculture and Fisheries Digitization Plan was implemented in collaboration with Kolau, a partner of Google as well as with the Organization of American States (OAS). The aim is to have 25,000 MSMEs operating in the digital marketplace by 2022 at no cost to them.
But why digitize? Here are a few advantages…