The Jamaica Business Fund (JBF) is a component of the Foundations for Competitiveness and Growth (FCG) Project. The Fund is financed under Component 3A of Loan Agreement No 8408-JM between the Government of Jamaica and the International Bank for Reconstruction and Development (the World Bank). The overall objective of the FCG project is to enable private sector-led growth in the Jamaican economy, in an inclusive and sustainable way. To achieve this, a range of interlinked constraints inhibiting private sector growth are being collectively addressed. Key regulatory barriers are being removed and competition incentives enhanced to facilitate new productivity enhancing investments. Large strategic investments are being attracted to inject capital, new technologies and further supply chain opportunities into the economy.

Component 3, “Supporting Small and Medium sized Enterprises (SME) capabilities and finance”, is providing support directly to SMEs by funding a combination of supply chain learning, skills upgrading, and finance.