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    Home»Local News»DBJ, Caribbean Export Development Agency deepen partnership for EU-LAC digital accelerator – Jamaica Inquirer
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    DBJ, Caribbean Export Development Agency deepen partnership for EU-LAC digital accelerator – Jamaica Inquirer

    Team_Jamaica 14By Team_Jamaica 14June 19, 2025No Comments3 Mins Read
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    Managing Director of the Growth Financial institution of Jamaica, Dr David Lowe.

    The Growth Financial institution of Jamaica (DBJ) has introduced a daring new chapter in its partnership with the Caribbean Export Growth Company (Caribbean Export), bringing the EU-LAC Digital Accelerator to Jamaica for the primary time. This milestone marks a serious step ahead in DBJ’s ongoing mission to foster innovation and entrepreneurship as drivers of financial progress.

    This strategic collaboration is being carried out by the EU–LAC Digital Accelerator, a platform that facilitates structured partnerships between firms and startups throughout Europe, Latin America, and the Caribbean. Jamaica’s inclusion within the programme alerts elevated international engagement and alternative for the island’s innovation ecosystem.

    The initiative will characteristic an intensive one-day workshop on June 23, 2025, on the Courtyard Marriott in Kingston, below the theme: “Unlocking Company-Startup Enterprise Alternatives within the EU-LAC Digital Accelerator.” The workshop targets each Jamaican corporates and startups and goals to attach enterprise wants with progressive digital options.

    Talking lately on the EU-LAC Digital Alliance Excessive-level Coverage Dialogue with the Caribbean, Dr David Lowe, Managing Director of the DBJ, emphasised the importance of the initiative and acknowledged “we’re proud to deliver the EU-LAC Digital Accelerator to Jamaica by this expanded partnership with Caribbean Export. This isn’t nearly funding, that is about igniting a tradition of innovation the place corporates and startups co-create options that drive nationwide transformation. With mentorship, grant funding, and entry to international companions, we’re opening the door to a brand new period of enterprise.”

    Beneath the Company Venturing Pilot Programme signed between the DBJ’s Boosting Innovation, Progress, and Entrepreneurship Ecosystems (BIGEE) programme and Caribbean Export in February 2025, Jamaican startups can be eligible to obtain grant funding of as much as US$50,000 to design and implement technology-driven options for real-world company challenges. This assist can be complemented by as much as €30,000 in technical help from CEDA’s companion, TECHNALIA, within the type of mentorship, teaching and enterprise improvement assist.

    The anticipated outcomes of the initiative embrace strengthening Jamaica’s innovation ecosystem, encouraging corporates to embrace collaboration with startups as a instrument for innovation, and enabling Jamaican startups to scale their operations and provide providers on a global degree.

    “It is a turning level,” Dr Lowe added, “we’re saying to Jamaican entrepreneurs: you’re world-class, and your concepts deserve a world stage. We’re additionally saying to our company sector: innovation is not non-obligatory—it’s a shared accountability and a aggressive benefit.”

    startups and corporates are invited to register early for the June 23 workshop, as area is proscribed.



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