Sunday 5 April, 2020

SMEs empowered at DBJ summit

The Development Bank of Jamaica (DBJ) successfully hosted a one-day summit for small and medium sized businesses under the theme - EMPOWERING FOR SUCCESS: Talk, Connect Grow last Thursday.

Through engaging panel discussions, inspiring success stories and informative Q&A sessions, the summit provided Jamaican small and medium sized enterprises (SMEs) with cutting-edge information and the tools to assist them in growing and sustaining their businesses in the 21st Century.

The summit, held at the Knutsford Court Hotel, was packed with entrepreneurs and professionals, alike, from various economic sectors which offered the opportunity for purposeful networking and benefitting from the advice of those who successfully overcame the financial, cultural and other challenges of starting a business.

 “The commitment of the DBJ to drive economic growth and development is the focus of every officer employed to the bank.  We take our role seriously and will continue to look and find new strategies and best practices that will impact the MSME sectors, be it technical assistance and grant funding, debt or equity,” noted Audrey Richards, Project Coordinator, Jamaica Venture Capital Programme

This commitment was seen throughout the summit as the DBJ continuously found ways to interact with and discover the needs of those in attendance. One such method was live polling that allowed every participant to answer questions related to their challenges, needs and greatest successes, which DBJ representatives could address immediately.

Milverton Reynolds, Managing Director, Development Bank of Jamaica only had glowing things to say about his team and the event. “We are proud to have been able to plan and execute the SME Summit – Empowering for Success: talk, connect, grow.  From all indications, the event  was very well received by all.  We could not have accomplished this without the full support of our panelists, moderators and the business owners who took time to attend the event. Going forward we are committed and focused on organizing more of these events as it is our mission to ensure that every Jamaican is provided with the necessary tools, information and best practices to grow their businesses.”

"Kudos to the DBJ for hosting an excellent conference with relevant and insightful discussions and presentations. What excited me most was the realization that there is a new wave of entrepreneurs in Jamaica and the small and medium-sized businesses are working creatively to grow their business and take advantage of emerging opportunities. At Sygnus we will be able to assist small and medium-sized businesses with an innovative approach to accessing capital and provide alternative financial solutions for their investments,” stated Berisford Grey, CEO Sygnus Capital Ltd.

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