DBJ, Victoria Mutual Investments partner for new US$15 million SME Fund
KINGSTON, JAMAICA: The Development Bank of Jamaica (DBJ), in association with Victoria Mutual Investments Limited (VMIL), officially signed the agreement for their new US$15 million Jamaica Actus Small and Medium Enterprise Fund (JASMEF) on Thursday, June 30, 2022, at the DBJ office on Oxford Road, Kingston. “We’re here today to constitute the first closing of the Fund … which commemorates a partnership with the DBJ providing US$5 million, on behalf of the Government of Jamaica (GOJ),” said Hugh Grant, general manager of the DBJ’s Project Management Office. “Victoria Mutual Investments Limited team has also committed US$10 million.” Grant credited the …