The objective of the CCLIP is to transform the Jamaican private sector by fostering productivity and innovation. The general objective of the second individual operation is to promote sustainable and robust growth among startups and Micro, Small and Medium Enterprises (MSMEs) in Jamaica. The specific objectives are to: (i) promote innovation and productivity among established MSMEs; (ii) Stimulate innovation and productivity growth among established MSMEs with high growth potential; (iii) Improve the pipeline of innovative startups with high growth potential; (iv) Promote sustainable growth in scalable start-ups.
Project Detail
Country
Jamaica
Project Number
JA-L1097
Approval Date
-
Project Status
Preparation
Project Type
Loan Operation
Sector
PRIVATE FIRMS AND SME DEVELOPMENT
Subsector
SMALL AND MEDIUM ENTERPRISE
Lending Instrument
Préstamo de Inversión
Lending Instrument Code
INV
Modality
ESP (Specific Investment Operation)
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
-
Country Counterpart Financing
-
Original Amount Approved
USD 25,000,000.00