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.