Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
    • Business Bites
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
Unlock small-business contracts now, SBAJ says
Co-founders (from left) Paul Bryan and Duane Lue Fung in discussion with Think Grow Lead (TGL) Group staff. Like many small firms, the sales-training consultancy is looking to expand and access new opportunities as the SBAJ presses for the release of the 20 per cent contract set-aside. (Photo: Karl Mclarty)
Business
November 23, 2025

Unlock small-business contracts now, SBAJ says

With thousands of small businesses still counting their losses after Hurricane Melissa, the Small Business Association of Jamaica (SBAJ) is urging the Government to move immediately to unlock the 20 per cent set-aside procurement earmarked for small firms, warning that further delays could push thousands of entrepreneurs past the point of recovery.

SBAJ President Garnet Reid says the storm’s economic toll has exposed the fragility of the country’s small-enterprise base, many of which were already operating on thin margins before Melissa ripped through several parishes.

“Melissa didn’t just knock down buildings. It knocked out dreams. Our small business community is bleeding. If we don’t act now, many will never recover,” Reid said in a press statement on Friday.

For small shopkeepers, tradesmen, service providers, and micro-entrepreneurs, the storm has wiped out months of income and seed capital. The SBAJ argues that the Government’s 20 per cent allocation for small businesses — a long-standing policy under the Ministry of Finance — was designed for situations exactly like this. But procurement rules remain cumbersome, layered with compliance requirements that many small firms simply cannot navigate while trying to rebuild.

Reid is calling for the Government, its procurement agencies, and Jamaica’s international development partners to prioritise small-business rehabilitation by strengthening access to contracts and fast-tracking support.

He believes that without urgent intervention — including simplified bidding processes, rapid technical training, and targeted financial backing — the sector risks a wave of insolvencies with wider consequences for employment and local supply chains.

International partners such as the World Bank, USAID, the European Union, Japan International Cooperation Agency (JICA), the Caribbean Development Bank, and United Nations agencies already active in Jamaica are being urged to help craft immediate recovery facilities. Many currently operate local development and resilience programmes, which the SBAJ argues can help channel technical and financial support to small firms struggling to restart operations.

The association also wants greater transparency around the contract set-aside, including clearer public reporting on how the funds are used and stronger monitoring to ensure the allocation reaches legitimate small enterprises rather than larger players subcontracting loosely in their name.

Reid says the stakes are high, not only for business continuity but for the wider labour market.

According to data from the Ministry of Industry, Investment and Commerce, micro, small, and medium-sized enterprises (MSMEs) account for more than 60 per cent of jobs in Jamaica and over 40 per cent of gross domestic product (GDP) when informal activity is included. They are also the backbone of local supply chains, touching virtually every sector, from retail and services to construction and agriculture.

Further, small enterprises employ a large share of Jamaica’s workforce, particularly in rural communities now grappling with the storm’s impact.

“Small business owners are not asking for a handout. They’re asking for a fair chance. They are ready to rebuild, to contribute, to hire. But they need the tools and the contracts right now,” Reid insisted.

{"xml":"xml"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Labour ministry and Jamaica Household Workers’ Union sign MOU
Latest News, News
Labour ministry and Jamaica Household Workers’ Union sign MOU
March 17, 2026
KINGSTON, Jamaica — The Ministry of Labour and Social Security and the Jamaica Household Workers’ Union (JHWU) have signed a memorandum of understandi...
{"jamaica-observer":"Jamaica Observer"}
White House pressure on Cuba mounts as island fights power cut
International News, Latest News
White House pressure on Cuba mounts as island fights power cut
March 17, 2026
HAVANA, Cuba (AFP) — Washington heaped pressure on Cuba's communist authorities Tuesday to allow free-market reforms as the impoverished island scramb...
{"jamaica-observer":"Jamaica Observer"}
Senegal stripped of AFCON title, Morocco champions
International News, Latest News
Senegal stripped of AFCON title, Morocco champions
March 17, 2026
PARIS, France (AFP) — The Confederation of African Football (CAF) on Tuesday stripped Senegal of the Africa Cup of Nations (AFCON) title they won in J...
{"jamaica-observer":"Jamaica Observer"}
Real Madrid dump Man City out of Champions League once more
Latest News, Sports
Real Madrid dump Man City out of Champions League once more
March 17, 2026
MANCHESTER, United Kingdom (AFP) -- Real Madrid dumped 10-man Manchester City out of the Champions League for the fourth time in five seasons as a 2-1...
{"jamaica-observer":"Jamaica Observer"}
Forex: $158.38 to one US dollar
Latest News
Forex: $158.38 to one US dollar
March 17, 2026
KINGSTON, Jamaica — The United States (US) dollar on Tuesday, March 17, ended trading at $158.38, up by 15 cents, according to the Bank of Jamaica’s d...
{"jamaica-observer":"Jamaica Observer"}
Cuba political system not up for talks with US, envoy says
International News, Latest News, Regional
Cuba political system not up for talks with US, envoy says
March 17, 2026
WASHINGTON, United States (AFP) — Cuba is open to broad talks with the United States (US) and allowing more investment but will not discuss changing i...
{"jamaica-observer":"Jamaica Observer"}
Medical doctor fined $400,000 for failing to file statutory declaration with IC
Latest News, News
Medical doctor fined $400,000 for failing to file statutory declaration with IC
March 17, 2026
KINGSTON, Jamaica — A medical doctor was fined $400,000 in the Kingston and St Andrew Parish Court on Tuesday for failing to file his statutory declar...
{"jamaica-observer":"Jamaica Observer"}
Budget Debate: Golding says Budget will not drive economic recovery
Latest News, News
Budget Debate: Golding says Budget will not drive economic recovery
March 17, 2026
KINGSTON, Jamaica — Opposition Leader Mark Golding has charged that the $1.4 trillion Budget presented by the Government for the 2026/27 fiscal year w...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  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

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct