1. SME’s Financing Options

2. MISSION STATEMENT Provide opportunities to all Jamaicans to improve their quality of life through Development Financing, Capacity Building, Public Private Partnerships & Privatization solutions in keeping with GOJ Policy.

3. DBJ PROVIDING SUSTAINABLE FINANCIAL SOLUTIONS SME loans Loans for large businesses Agricultural loans Energy loans  Business  Residential Partial guarantee Energy audit grant Capacity Development Assistance  Voucher Program  IGNITE

4. DBJ’s PRIMARY OPERATION APPROVED FINANCIAL INSTITUTION (AFI) BUSINESSES/ENTREPRENEURSBUSINESSES/ENTREPRENEURS

5. STRATEGIC SECTORS Agriculture Agro-processing Energy Infrastructure Information Technology Manufacturing Mining & Quarrying Retail & Distribution Services Tourism

6. GENERAL CRITERIA FOR DBJ LOANS Registered & operating in JamaicaRegistered & operating in Jamaica Tax compliantTax compliant Technically & Financially viableTechnically & Financially viable Equity Injection: 10% - 30%Equity Injection: 10% - 30% Positive Contribution to EconomyPositive Contribution to Economy

7. LOAN PURPOSES Establishment of Crops & Livestock Construction & Expansion of structures Modification of structures To purchase Machinery & Equipment Permanent Working Capital Energy-Saving Projects Tourist Attractions & Wellness Projects To purchase Movable Fixed Assets Exceptions Purchase of Land/Buildings Acquisition of Businesses * Refinance

8. SME LOANS 90% financing of Project Cost Maximum Loan J$30M Interest Rate at 10% to SME on the reducing balance Maximum Tenure - 7 Years Up to 12 months moratorium on Principal

9. AGRICULTURAL LOANS Up to J$8.4M at Interest rate of 9.5% to client on the reducing balance Tenure: up to 7 years Moratorium up to 24 months 90% financing of Project cost

10. ENERGY LOANS FOR BUSINESS: Up to J$30M at 9.5% Over J$30M at 10% Loan Tenure 7 Years 12 Months moratorium on principal 90% financing for SMEs 75% financing for large firms Grant of up to J$200,000 for an Energy Audit to SMEs ENERGY SOLUTIONS

11. ENERGY LOANS FOR RESIDENTS RESIDENTIAL ENERGY LOANS: Interest Rate -9.5% Loan Term: 8 years We finance 90% of Project cost up to J$2M for:  Solar Water Heaters  PV Systems  Wind Turbines  Bio-digester

12. CREDIT ENHANCEMENT FACILITY (CEF) DBJ will guarantee: * 50% of SME loans up to $15M * 80% of small loans up to $6.25M (ie. Maximum of $5M) * 80% of Energy loans up to $15M for SMEs Fee to SME: * Annual fee of 2% + GCT on the g’tee amount * Annual fee of 1% + GCT on Agricultural Loans PARTIAL GUARANTEE

13. Voucher for Technical Assistance Provides assistance to SMEs that need business development services to qualify for a loan. Each SME can access a maximum of 2 vouchers CAPACITY DEVELOPMENT

14. Voucher for Technical Assistance Services Offered: *Value of the Vouchers start at $50,000 up to a maximum of $300,000 Business Plan Preparation Business Process Improvement Financial Statements Marketing Plans Management Consulting Service Training Courses CAPACITY DEVELOPMENT

15. Approved Business Development Organisations (BDO) ABTAX Limited Boldeck Jamaica LimitedBDO Management Consultants DGS Chartered Accountants and Business Advisors Jamaica Business Development CorporationJamaica Exporters' Association University of Technology (UTECH) Dynamic Management Strategies Limited Enterprise Development & Market Access Solutions CAPACITY DEVELOPMENT

16. Up J$4M or 70% of project cost Purpose: ◦ Administrative Expenses ◦ Training ◦ Prototypes/ Pilot ◦ Research and Development ◦ Patent ◦ Technology Acquisition Applicants must be associated with one of the participating Business Service Intermediaries (BSI) Innovation Grant from New Ideas to Entrepreneurship (IGNITE) CAPACITY DEVELOPMENT

17. IGNITE –Business Service Intermediaries

18. Minimum Requirements Must be registered and operating in Jamaica Start-ups or newly incorporated businesses- registered for 2 years or less Product/Service must be new or a significant improvement on an existing product Proposer must be able to present a business model and product representation to a selection committee

19. GOOD IDEAS NEED FINANCING DBJ aims to provide value added solutions, through:  Lower Interest Rates  Longer Tenures  Moratorium on Principal repayment Partial Guarantee for SMEs Providing Technical Assistance & Capacity Building

20. THANK YOU