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MIF and Jamaica Stock Exchange partner to increase access to equity financing for small and medium businesses

MIF and Jamaica Stock Exchange partner to increase access to equity financing for small and medium businesses

he Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank Group (IDB), has recently approved a technical cooperation of US $563,750 for a project with the Jamaica Stock Exchange (JSE). The project will increase access to equity financing for Jamaican small and medium-sized enterprises (SMEs) by improving the framework of the JSE’s Junior Market and providing 25 SMEs with capacity-building so that they can meet the requirements for listing on the Junior Market. This Junior Market model is a stock exchange specifically designed for the needs of smaller enterprises using a simplified regulatory framework to allow these businesses to access growth capital.

Equity