Innovation Grant from New Ideas to Entrepreneurship (IGNITE) is a partnership project between the Development Bank of Jamaica (DBJ) and three Business Service Intermediaries (BSIs) including the Jamaica Manufacturers’ Association. IGNITE is a 2 year grant project which targets innovative start-ups within specific key sectors, to help them accelerate the growth of their businesses. Beneficiaries received up to J$4 million dollars.
Initiated in 2015 when the “Call” for interest was made, the two year project officially commenced in 2016 and ends in 2018. The JMA is responsible for supervising IGNITE beneficiaries over the life of the project to ensure proper financial management of the IGNITE funds and the project’s successful implementation.