By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Queed - Global News NetworkQueed - Global News NetworkQueed - Global News Network
  • Home Fashion
  • Contact
  • My Bookmarks
  • News
  • Business
  • Politics
  • Sports
  • Economics
  • Wellness
Reading: JBDC Pushes MSMEs to Break Old Habits and Embrace the Digital Age
Share
Notification Show More
Font ResizerAa
Queed - Global News NetworkQueed - Global News Network
Font ResizerAa
  • Economics
  • Politics
  • Pursuits
  • Business
  • Science
  • Technology
  • Fashion
  • Home
  • Categories
  • Bookmarks
  • Business
  • Politics
  • Sports
  • Economics
Have an existing account? Sign In
Follow US
  • Advertise
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Queed - Global News Network > Business > JBDC Pushes MSMEs to Break Old Habits and Embrace the Digital Age
Business

JBDC Pushes MSMEs to Break Old Habits and Embrace the Digital Age

Queed Reporter
Last updated: September 23, 2025 2:50 am
Queed Reporter 3 weeks ago
Share
SHARE

The Jamaica Business Development Corporation (JBDC) is turning up the pressure on local enterprises, making it clear that “business as usual” is no longer an option in today’s marketplace. Through the EU-funded Digital Jamaica Project, the agency is steering hundreds of micro, small, and medium-sized enterprises (MSMEs) away from outdated manual routines and into the realm of digital operations.

Contents
From Paper to PlatformA Numbers Game with Real StakesConfronting the Digital Comfort GapCustom, Not Cookie-CutterFree, But Not EffortlessBuilding a Culture of ContinuityThe Bigger Picture

From Paper to Platform

Too many local businesses still rely on paper ledgers, handwritten receipts, and ad-hoc spreadsheets. JBDC’s latest push is designed to replace these legacy habits with modern systems — e-payments, payroll automation, online contract management, and other digital workflows. The message is direct: digital integration is not just convenient, it is now a prerequisite for competitiveness.

A Numbers Game with Real Stakes

The project has already trained over a thousand MSMEs across the island and aims to convert 500 more this year by modernising at least one critical process in each. Whether that means moving payroll online for a small grocer or introducing customer relationship tools to a retail chain, the transformation is practical, not cosmetic.

Acting CEO Harold Davis underscored the stakes: “Global trade doesn’t wait for anyone. If our MSMEs cannot transact digitally — from invoicing to supplier communication — they will be locked out of opportunities. The rest of the world has already moved on.”

Confronting the Digital Comfort Gap

A baseline survey painted a sobering picture: just under one-third of local businesses felt truly comfortable using digital tools, with most restricting their presence to social media posts. JBDC sees this as a dangerous imbalance — a façade of modernity masking deep operational fragility. The Digital Jamaica initiative seeks to correct this by embedding tools directly into business structures, ensuring that technology drives revenue, not just visibility.

Custom, Not Cookie-Cutter

According to project lead Chantol Dormer, the initiative is deliberately flexible. “Every enterprise faces different bottlenecks. For some it’s payments, for others it’s payroll, for others still it’s vendor management. Our role is to intervene where it matters most and deliver measurable results.”

Free, But Not Effortless

Participation costs MSMEs nothing financially, thanks to EU and Government of Jamaica funding. But businesses must put in the work — training, readiness checks, and digital assessments are mandatory. Only then are they shortlisted for transformation support.

Building a Culture of Continuity

Critically, the JBDC is not dropping tools into businesses and walking away. Progress is monitored, and post-implementation support is baked into the model to ensure longevity. “We don’t want a situation where the technology gathers dust after six months. We’re tracking adoption to make sure the impact sticks,” Dormer added.

The Bigger Picture

By 2026, the initiative expects to train nearly 3,000 MSMEs, a scale that could shift the digital baseline of Jamaica’s economy. For JBDC, this is not just a project — it is a national reset of how small enterprises think, trade, and grow.

You Might Also Like

The Infrastructure Flip: Why ISVs Are Quietly Becoming the New Rails

The Quiet Restructure of a Dominant Airport Player

Trinidad Reclaims Energy Ambition with New U.S. Approval for Venezuelan Gas Venture

Fed Walks Tightrope: Inflation Control Trumps Political Pressure

Entrepreneurial Spark Could Reignite Latin America and the Caribbean’s Economic Flame

TAGGED:Digital AgeJBDC
Share This Article
Facebook Twitter Email Print
Previous Article Golfview Hotel Reimagines Dining With Intimate Chef-Led Encounters
Next Article A State Without a Stage: Abbas Speaks, the World Divides
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

about us

We influence 20 million users and is the number one business and technology news network on the planet.

© Queed Online. 2025. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?