DBJ awards grants to seven companies prepared by Branson Centre


DBJ awards grants to seven companies prepared by Branson Centre

Wednesday, May 15, 2019

Print this page Email A Friend!

Seven companies prepared by Branson Centre Caribbean have been awarded grants from the Development Bank of Jamaica's (DBJ) IGNITE programme which represents the largest grant pool for the second installment of the project.

The IGNITE grant programme aids the accelerated growth of a group of innovative business ventures by micro, small and medium enterprises (MSMEs).

IGNITE is specifically geared towards funding projects with high levels of innovation that may otherwise not be funded. The programme will last for a period of 18 months between January 2019 and July 2020 — with an additional year of monitoring. Selected businesses will be introducing new products and services within the Jamaican and overseas markets.

DBJ awards top performing businesses in the programme and grants are channelled through business service intermediaries such as Branson Centre Caribbean.

“This is our second time partnering with DBJ for the IGNITE grant programme and we are happy to support its expansion,” said Branson Centre Entrepreneur Programme Director Dmitri Dawkins.

Programme requirements ensure that entrepreneurs integrate better business practices through governance, business training and compliance.

Branson Centre's high-touch preparation and vetting process involves reviewing initial applications, providing feedback for improvements, and preparing entrepreneurs with the best alignment to the programme. Dawkins shared that Branson Centre Caribbean negotiates with funding partners like DBJ to get capital for projects. Awardees also receive additional support through advisory boards, project monitoring, grant disbursements and business training.

The Branson Centre of Entrepreneurship – Caribbean was launched in Montego Bay, Jamaica in 2011 by business magnate Sir Richard Branson and is the Caribbean's leading business accelerator for scale-up entrepreneurs, bringing world-class entrepreneurial support to the region.

Now you can read the Jamaica Observer ePaper anytime, anywhere. The Jamaica Observer ePaper is available to you at home or at work, and is the same edition as the printed copy available at http://bit.ly/epaper-login




1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper � email addresses will not be published.

2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.

3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.

4. Please do not write in block capitals since this makes your comment hard to read.

5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.

6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.

7. Lastly, read our Terms and Conditions and Privacy Policy

comments powered by Disqus



Today's Cartoon

Click image to view full size editorial cartoon