The development of Jamaica’s Venture Capital Ecosystem is Advancing

Project Consultant | Audrey Richards

Work is almost complete on a strategic plan to establish Jamaica’s Venture Capital Programme (VCP), being spearheaded by the Development Bank of Jamaica (DBJ). Project Consultant at the DBJ, Audrey Richards, tells JIS News that the task is being carried out by a Special Consultant, recruited for this undertaking, and include, among other things, a market analysis to determine stakeholders’ readiness for venture capital and private equity investments; and an assessment of the legal and regulatory framework for venture capital in Jamaica. Mrs. Richards advises that work on the strategic plan, which commenced in January, should be completed by the end of July. More