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Development Bank of Jamaica Re-Opens Innovation Grant Application Window

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The Development Bank of Jamaica (DBJ), through its Boosting Innovation Growth and Entrepreneurship Ecosystems (BIGEE), is pleased to announce that the Application Window for its Innovation Grant Fund (IGF) is now open, effective January 2, 2024. The Application Window will remain open for six (6) weeks, until February 13, 2024.

The Innovation Grant Fund (IGF) is an opportunity for medium-sized Jamaican companies with new and innovative products and service to access grant funding in the amount of Twenty million Jamaican Dollars (J$20 million).

Christopher Brown, Programme Manager, BIGEE states; “The DBJ is delighted at the projects we have funded in the last three iteration, since we began in 2020. To date we have awarded grants to twelve (12) medium-sized Jamaican companies representing an investment by the Bank of J$190 million. The majority of the projects have been successfully completed and the remaining are now in the Close Out phase; all of which has recorded growth and on an upward trajectory.”

Lu’ Shana Cheddesingh, Technical Coordinator under whose portfolio the Innovation Grant Fund falls explains “For this the fourth cohort of the IGF, we will be utilising the funding received from the European Union (EU) and so strong focus of the incoming cohort will be placed on two main areas – Women-led and/owned businesses, and Climate Mitigation projects. We will continue to fund projects from Jamaica’s productive sectors”. Continuing Ms. Cheddesingh stressed that, “Application process is via our website at www.thinkbigee.com.“

The DBJ is encouraging medium-sized Jamaican companies with innovative products and or services that are new and revolutionary to apply.

BIGEE – Boosting Innovation Growth & Entrepreneurship Ecosystem – is the Government of Jamaica (GOJ) five-year project valued at US$25 million and financed by the Inter-American Development Bank (IDB). The Development Bank of Jamaica (DBJ) is the Executing Agency. The Agreement was executed between the GOJ and the IDB late 2019; however, there were unforeseen delays in the launch due to the onset of the coronavirus pandemic.

The objective of BIGEE is to promote sustainable and robust growth among start-ups and Micro, Small and Medium Enterprises (MSMEs) in Jamaica. In 2021 based on the performance of the programme, the European Union (EU) awarded a non-reimbursable grant of US$8.2 million to support the initiative.

The DBJ, a wholly owned institution of the GOJ has assumed a catalytic role for initiatives that have significantly impacted MSME development over the years; this makes the institution a good fit to successfully implement the GOJ’s and IDB’s vision for the programme.

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Businessuite News24

India’s 10-Minute Delivery Boom: A Blueprint for Disruption—and a Wake-Up Call for Caribbean Courier Companies

While the Caribbean market differs significantly in terms of geography, population density, and infrastructure, India’s 10-minute delivery trend signals a major shift in consumer expectations and service standards that cannot be ignored. Caribbean courier and logistics companies must take this as a call to evolve or risk irrelevance.

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India is currently experiencing a radical transformation in its retail and logistics sectors, driven by the explosive rise of quick-commerce (q-commerce) and the 10-minute delivery promise. Platforms like Blinkit (Zomato), Zepto, Swiggy Instamart, and Flipkart Minutes are reshaping consumer expectations, retail operations, and supply chains through hyperlocal fulfillment and lightning-fast logistics. As the trend spreads across urban and tier-2 Indian cities, it offers both a glimpse into the future of delivery and a warning for other regions—including the Caribbean.

Inside India’s 10-Minute Delivery Revolution

The delivery model hinges on speed, convenience, and proximity:

  • Companies now offer a growing range of products—from groceries and snacks to electronics and pharmaceuticals—delivered in under 10 minutes.

  • Consumers, especially Gen Z and millennials, are driving demand for instant gratification, backed by digital platforms and mobile-first lifestyles.

  • The rise of micro-fulfillment centers or “dark stores”—small warehouses strategically placed within dense neighborhoods—makes this model viable and scalable.

  • AI-driven inventory management, smart rider dispatching, and urban logistics innovation are pushing the boundaries of traditional supply chains.

As a result, India’s urban logistics infrastructure is being reshaped, and tier-2 and tier-3 cities are becoming growth frontiers for quick-commerce and smart warehousing.

Implications for Caribbean Courier and Delivery Companies

While the Caribbean market differs significantly in terms of geography, population density, and infrastructure, India’s 10-minute delivery trend signals a major shift in consumer expectations and service standards that cannot be ignored. Caribbean courier and logistics companies must take this as a call to evolve or risk irrelevance.

1. Rising Expectations for Speed and Convenience

Consumers across the Caribbean—particularly in urban areas and among younger demographics—are becoming accustomed to same-day or next-day delivery through global platforms like Amazon, Shein, and even regional players. As q-commerce normalizes faster fulfillment, local consumers will begin demanding shorter delivery windows, even for basic items.

Action: Caribbean courier companies must optimize last-mile delivery using routing software, rider apps, and hyperlocal delivery hubs to reduce travel time and improve efficiency.

2. Opportunity for Micro-Fulfillment and Smart Warehousing

The Indian model shows the power of small-scale, decentralized warehousing. In Caribbean cities like Kingston, Port of Spain, Bridgetown, and Nassau, underutilized retail spaces and urban properties can be converted into dark stores or inventory depots to support fast local fulfillment.

Action: Logistics players and even supermarkets or pharmacies should collaborate to build shared micro-warehousing infrastructure, possibly using a cooperative model to manage costs and logistics.

3. Platformization and Tech Partnerships

Q-commerce in India is driven by advanced tech platforms, real-time inventory systems, and intelligent dispatching. Many Caribbean companies are still operating on legacy systems with little digital integration.

Action: Courier services must invest in tech-enabled platforms—either by building in-house apps or partnering with regional tech startups—to offer app-based ordering, real-time tracking, and integrated payment solutions.

4. Gig Economy and Flexible Workforce Models

India’s delivery model depends on a mix of full-time and gig delivery riders, supported by incentives and flexible shifts. The Caribbean’s informal workforce presents a similar opportunity.

Action: Embrace a gig workforce model with structured onboarding, safety protocols, and performance incentives—without compromising rider well-being.

5. Regional Logistics Integration

Small market sizes and geographic fragmentation in the Caribbean make it difficult to achieve India-style scale. However, regional integration—via a Caribbean logistics alliance or digital fulfillment network—could increase efficiency and reduce cross-border delivery costs.

Action: Policymakers and private players should explore multi-island logistics hubs, shared air/sea freight routes, and cross-border fulfillment platforms.

Challenges and Considerations

  • Urban infrastructure in Caribbean cities is often unprepared for high-frequency delivery services; road congestion and informal address systems remain issues.

  • High import dependency makes local warehousing more complex; inventory planning needs to factor in shipping times and customs clearance.

  • Worker rights and labor protections must be addressed early to avoid India’s growing criticism over gig worker exploitation.

  • Sustainability and profitability need to be prioritized; Caribbean companies cannot afford long-term losses in pursuit of unsustainable speed.

Conclusion: Learn, Localize, Lead

India’s 10-minute delivery boom presents a compelling case study in innovation under pressure. For Caribbean courier companies, the key takeaway is clear: consumer behavior is changing fast—and local businesses must move faster.

Rather than trying to replicate India’s model exactly, Caribbean firms should localize quick-commerce strategies, leverage technology, and reimagine urban logistics in ways that reflect the region’s unique strengths and constraints.

The companies that act now to digitize, decentralize, and adapt will not only survive but could lead a Caribbean logistics transformation—setting new regional benchmarks for speed, service, and customer satisfaction.

India’s 10-Minute Delivery Boom: Reshaping Retail, Logistics, and Urban Spaces

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Corporate Feature

Not Just Vanity Metrics: A Digital Leader Focused on What Matters

Balancing professional responsibilities, he manages agency work and training commitments when time permits, always with a focus on helping businesses grow through digital channels.

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When companies across Jamaica and the Caribbean discuss digital marketing, the perspective and expertise of Ewort Atkinson is often one they would love to tap into. His work has contributed to campaigns generating more than 300 million impressions, 15,000 leads, and an average 7:1 return on ad spend (ROAS), helping brands across the region drive well over US $300 million in business impact.

Balancing professional responsibilities, he manages agency work and training commitments when time permits, always with a focus on helping businesses grow through digital channels.

From Telecom to Digital Leadership

The better part of a decade spent in telecom laid the foundation for his digital expertise. He served as Group General Manager at Fimi Wireless, overseeing marketing and sales in Haiti, Guyana, Jamaica, and El Salvador. That experience was followed by a move to Digicel Jamaica, first as Digital Manager and later as Head of Digital Media, where he led high-impact online campaigns targeting both B2B and B2C segments across platforms such as social media, Google, and ActiveCampaign.

That body of work, along with time spent as Director of Digital Strategy and New Media at Prism Communications Limited, helped establish his reputation as a digital leader with a strong focus on strategy, advertising, and content creation aimed at lead generation and sales.

Kinson Digital: Helping Caribbean Businesses Grow

In 2018, he founded Kinson Digital, a digital agency with offices in Jamaica and Florida, built on a passion for helping businesses of all sizes grow their digital engagement and revenues. Over time, industries that have benefited from his work include law, hospitality, food and beverage, FMCG, entertainment and education. His expertise has also been utilized by overseas businesses in key industries including construction, janitorial and cleaning, event planning and he has consulted for notable franchises such as Golden Krust.

Above all, his pride remains in supporting local businesses throughout the Caribbean. This sentiment is reflected in a quote shared during his speech at European eCommerce and Digital Marketing Week, “A Caribbean brand shouldn’t have to leave the region to acquire world-class digital talent.”

The Digital Training Hub

Building on that mission, he launched The Digital Training Hub in 2022 as an offshoot of Kinson Digital. The platform provides micro-courses in Google and Meta advertising, practical digital marketing strategies, and useful tools shaped by years of experience. These insights are also captured in his book, The Digital Marketing Blueprint: A Guide For Non-Digital Managers, available on The Digital Training Hub website or on Amazon.

Teaching and Mentoring New Entrepreneurs

Throughout his career, he has also been committed to education and mentorship. While lecturing at the University of Technology, Jamaica, and Northern Caribbean University, he taught and mentored more than 50 students at UTECH, many of whom launched their own digital ventures. Additionally, he has contributed to the development of Jamaica’s national social media and digital marketing competencies through work with HEART NCTVET.

Focused on Results That Matter

Helping clients and students achieve meaningful results remains a central passion. The focus has always been on driving engagement, leads, and sales, while cutting through fluff and vanity metrics to achieve outcomes that genuinely move the needle for businesses.

Selective with Time, Intentional with Impact

With the growing demand for true strategic digital marketing expertise across the Caribbean and in diaspora-rich cities such as Toronto, New York, and Miami, his time remains a valued asset. Given these demands, he is selective about new engagements, choosing to work on projects where he can deliver the greatest impact.

Businessuite’s Take

In a region where digital marketing still has ample room for growth, this focus on building real capabilities and delivering practical results makes Ewort Atkinson one to watch as the space continues to evolve.

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Businessuite Women

Dorothea Gordon-Smith Marks 50 Years of Quiet Power in Waste Management

Gordon-Smith has never been one to seek the spotlight. Her legacy is not one of noise or flash—but of consistency, care, and conviction. In an industry that rarely sees women at the top, she not only rose—she transformed what leadership looks like.

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In 1975, Dorothea Gordon-Smith left her job in banking while pregnant with her youngest child—not to retreat, but to step into the unknown. Together with her late husband Michael, she co-founded Garbage Disposal and Sanitation Systems Ltd. (GDSS), a modest one-truck operation that would, over the next five decades, grow into one of Jamaica’s most respected and enduring waste management companies.

Today, at 77, Gordon-Smith still leads the enterprise with poise and quiet determination. GDSS now boasts 35 trucks, offices in Kingston, Montego Bay, and Salem, more than 100 employees, and over 650 clients across 11 parishes. But it is not the size of the company that best defines her—it’s the spirit with which she built it.

A Start Rooted in Sacrifice and Resolve

When GDSS faltered in its early days, Gordon-Smith didn’t hesitate. Encouraged by her mother, and understanding the practicalities of their household income, she stepped in to steady the business while caring for a newborn. “There was no maternity leave in those days,” she recalled. “So I had to resign from my job in banking, anyway.”

She turned the office into a nursery and the business into her mission. From accounting and staffing to scouting sites and supervising mechanical repairs, Gordon-Smith immersed herself in every detail. She learned by doing, listening, and adjusting. And when major clients like West Indies Pulp and Paper and West Indies Glass shut down, she adapted—introducing recycling services and launching export initiatives to keep the company alive.

Community First, Always

From the beginning, Gordon-Smith made business decisions rooted in values. She deliberately placed GDSS offices near inner-city communities, because she saw the social and economic potential in places others overlooked.

“I believe most people are good,” she said. “I make it a point to speak to people in the communities we’re located with dignity and respect. One of the first things I do is hire from the community.”

That philosophy remains central to the GDSS culture. It was most recently on display during the company’s 50th anniversary health fair in Riverton City—a direct reflection of Gordon-Smith’s belief in service, equity, and the deep interconnectedness between business and community.

Guided by Instinct, Grounded in Care

Throughout her career, Gordon-Smith has relied not only on skill and strategy but also on something less quantifiable: intuition. She trusted her gut when making difficult decisions or hiring staff—and when she ignored it, she says, she paid the price.

Despite working in a traditionally male-dominated industry, she never allowed gender to define her path. “I didn’t spend much time thinking about whether I belonged,” she said. “I just focused on the work.”

Yet even as she moved through the complexities of running a national waste management company, Gordon-Smith remained acutely aware of the personal toll. The stress was unrelenting, the responsibilities heavy—and so, to sustain herself, she turned to self-discipline and self-care.

Many of Gordon-Smith’s days begin with cardio and weights. She eats with intention, maintains a schedule of regular massages, and makes time for weekly beautification rituals that have become part of her rhythm. Her home, though often filled with friends and family, is a space of calm—a place where laughter is easy and peace is protected.

Her vibrant, ever-changing hairstyles and bold wardrobe reflect the same intentionality. They’re an extension of a personality that is warm, expressive, and quietly powerful. Her looks, like her spirit, defy her age—but it is her discipline, not vanity, that fuels her vitality.

More Than a Business, A Living Legacy

As she begins stepping back from daily operations, Gordon-Smith is reflective—not just about the trucks and contracts, but about the lives her leadership has touched.

“There were hard times,” she said. “There were months I couldn’t even draw a salary. But when I thought about the jobs we created, and the families that depend on those jobs—that always kept me going.”

She refers to her employees as “over 100 children”—a sentiment that reflects both affection and responsibility. Loyalty, mutual respect, and long-standing service define the culture she built.

In 2024 alone, under her guidance, GDSS exported over 1,000 tonnes of glass and processed more than 500 tonnes of plastic and paper—a testament to her vision for a cleaner, more sustainable Jamaica.

But perhaps her greatest impact lies in what she represents: a woman who entered a tough, gritty industry without pretense and reshaped it through persistence, empathy, and grace.

A Quiet Redefinition of Leadership

Gordon-Smith has never been one to seek the spotlight. Her legacy is not one of noise or flash—but of consistency, care, and conviction. In an industry that rarely sees women at the top, she not only rose—she transformed what leadership looks like.

Her story is proof that strength doesn’t always roar. Sometimes it moves steadily, dressed in bright colors, guided by intuition, and held together by deep, unshakable purpose.

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Businessuite Markets

The Strategic Importance of Investor Communication and Recommendations for Caribbean Listed Companies

By embracing these practices, Caribbean listed companies can foster stronger relationships with investors, enhance market perceptions, and potentially realize higher valuations that reflect their true intrinsic value.

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Effective communication with investors is not merely a compliance exercise; it’s a strategic imperative that influences a company’s market valuation and access to capital.

Key benefits include:

Enhanced Market Valuation: Transparent and consistent communication reduces information asymmetry, leading to improved investor confidence and potentially higher stock valuations.

Improved Liquidity: Engaged investors are more likely to trade shares, increasing liquidity and reducing volatility.

Broader Investor Base: Proactive communication attracts a diverse range of investors, including retail investors who can provide stability and advocacy for the company.

Resilience During Crises: Companies that maintain open lines of communication are better positioned to navigate challenges and retain investor trust during turbulent times.

Global Trends in Investor Relations
Internationally, companies are adopting innovative strategies to engage with investors:

1. Digital Engagement Platforms
Companies are leveraging digital tools to provide real-time updates and interactive content:
Investor Portals: Secure platforms offering access to financial reports, updates, and company news.
Webinars and Virtual Events: Facilitating direct interaction between management and investors.
Social Media: Utilizing platforms like LinkedIn, Twitter, and YouTube to disseminate information and engage with a broader audience.

2. Personalized Communication
Tailoring messages to specific investor segments enhances relevance and engagement:

Segmented Reporting: Providing information tailored to the interests of different investor groups.
Interactive Content: Using videos, infographics, and interactive reports to make complex information more accessible.

3. Emphasis on ESG Reporting
Environmental, Social, and Governance (ESG) factors are increasingly influencing investment decisions:

Transparent ESG Disclosures: Providing comprehensive reports on ESG initiatives and performance.

Integrated Reporting: Combining financial and non-financial information to present a holistic view of the company’s performance and strategy.

Recommendations for  Caribbean Listed Companies
To bridge the communication gap and unlock shareholder value, Caribbean listed companies should consider the following strategies:

Establish Robust Investor Relations Programs: Develop dedicated IR teams or functions responsible for managing investor communications and relationships.

Leverage Digital Channels: Utilize websites, social media, and email newsletters to provide timely and accessible information to investors.

Host Regular Investor Events: Organize webinars, virtual town halls, and Q&A sessions to engage directly with investors and address their concerns.

Enhance Transparency and Disclosure: Provide clear, comprehensive, and timely information on financial performance, strategic initiatives, and ESG efforts.

Solicit and Act on Investor Feedback: Implement mechanisms to gather investor input and demonstrate responsiveness to their concerns and suggestions.

Adopt Integrated Reporting Practices: Combine financial and non-financial reporting to present a cohesive narrative of the company’s value creation strategy.

By embracing these practices, Caribbean listed companies can foster stronger relationships with investors, enhance market perceptions, and potentially realize higher valuations that reflect their true intrinsic value.

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Businessuite News24

GOV’T Remains Committed to Facilitating an Enabling Investment Environment

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GOV’T Remains Committed to Facilitating an Enabling Investment Environment
Photo: Prime Minister, Dr. the Most Hon. Andrew Holness right) speaks with designer, Vintage Chic, Shanna Campbell about her handmade pieces, during the opening ceremony for Expo Jamaica 2025 at the National Indoor Sports Centre in St. Andrew on April 3.

 

GOV’T Remains Committed to Facilitating an Enabling Investment Environment
Photo: Prime Minister, Dr. the Most Hon. Andrew Holness left), samples a coffee carrot ginger brew from Beyond 5 Beverages given to him Managing Director of the company, Damain Drummond right) during the opening ceremony for Expo Jamaica 2025, at the National Indoor Sports Centre in St. Andrew on April 3.

 

Prime Minister, Dr. the Most Hon. Andrew Holness has committed to ensuring that the policies and initiatives of the Government remain aligned with entrepreneurs, thereby creating an enabling environment that fosters investment. “To our manufacturers and exporters… your effort represents the heart of our economic progress, your resilience, innovation, and entrepreneurial courage has carried Brand Jamaica to every corner of the globe.

“As Prime Minister, I commit to ensuring our policies and initiatives remain aligned with your ambitions, creating an enabling environment that fosters investment, innovation and global competitiveness. Together we will strengthen our local economy and solidify Jamaica’s position on the international stage,” Dr. Holness said.

The Prime Minister was speaking during the opening ceremony for Expo Jamaica 2025 at the National Indoor Sports Centre in St. Andrew on April 3.

Dr. Holness said Expo Jamaica is a vivid showcase of Jamaica’s boundless potential, “so as we advance global partnerships and create impactful local results, let us reaffirm our collective determination to build a prosperous, productive Jamaica that leaves no one behind”.

“Expo Jamaica exemplifies how far Jamaica has come. Over 250 exhibitors showcasing more than 5000 products and services alongside 884 registered local and international buyers from 25 countries. This clearly reflects Jamaica’s growing global influence and appeal,” he said.

He added that the event has grown tremendously, now standing as the largest trade exhibition in the English-speaking Caribbean.

Meanwhile, Dr. Holness said Jamaica today boasts its strongest economy since independence.

“Whether you measure Jamaica’s economic performance and stability by the unemployment rate, the inflation rate, the debt-to-GDP (gross domestic product) ratio or Net International Reserves (NIR), by every critical metric, our economy undeniable demonstrates economic stability and resilience,” he said.

He added that growth is another central pillar to economic stability and resilience.

“For Jamaica to realise its fullest potential, our growth rate must accelerate from one to two percent towards a more ambitious target of four to five per cent. Central to achieving this are initiatives which this Government has launched, and we call them ASPIRE, that is our comprehensive growth strategy,” he said.

ASPIRE stands for: Access to Economic Opportunity for All (Inclusive Growth); Safety and Security; People (Human Capital Development); Infrastructure Development; Reform of the Bureaucracy (Ease, Speed, and Cost of Doing Business); Economic Diversification/New Industries.

He further added that inclusivity and equity are paramount to the Government’s growth agenda.

Meanwhile, Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill said the administration continues to position Jamaica as an investment destination for financial services, logistics, skilled labour, high value services and premium products.

“This expo is Jamaica’s open invitation to the world… The Andrew Holness administration has made it our mission to make Jamaica a very attractive place in this region in which to do business. Our macroeconomic numbers tell a clear story,” he said

Other speakers at the function included President, Jamaica Promotions Corporation (JAMPRO), Shullette Cox, and Chairman, Expo Jamaica, Aswad Morgan.

This year’s event is being held from Thursday (April 3) to Sunday (April 6) at the National Arena and the National Indoor Sports Centre in Kingston.

The four-day tradeshow, under the theme ‘Global Partnership, Local Impact: Advancing Jamaica’s Reach’, is organised by the Jamaica Manufacturers and Exporters Association Limited (JMEA) and JAMPRO.

By: CHRIS PATTERSON, JIS

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