More business support for Jamaica’s creative entrepreneurs
Entrepreneurs in the creative industry are
to benefit from increased technical and managerial support through the Jamaica
Business Development Corporation (JBDC).
The entity recently signed memoranda of
understanding (MOUs) with three tertiary institutions for the establishment of
small business development centres (SBDCs) to serve micro, small and
medium-sized Enterprise (MSME) operators in the sector.
JBDC Chief Executive Officer (CEO), Valerie
Veira, said that Jamaica is yet to fully capitalise on the local creative talent.
“We are developing some important research
on the creative industry and how we can fully exploit the economic development
possibilities, which we haven’t even begun to touch yet. For us, creativity
seems to be performing arts, but that is just one component,” she pointed out
in an interview with the Jamaica Information Service (JIS).
The new SBDCs will be located at the
College of Agriculture, Science and Education (CASE) in Portland, as well as the
University of Technology (UTech) and the Edna Manley College of the Visual
& Performing Arts in Kingston.
SBDC Network Manager, Dianne Palmer,
encouraged entrepreneurs in the creative industry to take advantage of the
services available at the facilities.
“Creatives can come, and they will be
provided with counselling free of cost, training, intervention to help them get
loans and grants,” she indicated.
Palmer noted that the services offered at
the SBDCs will facilitate the growth of more sustainable businesses in the
creative industry.
“There is a lot of talent in our industry,
but we need to make it into a business that is sustainable, and that’s why we
approached the Edna Manley College [for example]. They have the expertise, and
with our assistance at the JBDC, we can help them to engage with entrepreneurs
to start more sustainable businesses,” she said.