IDB announces US$3.5-billion initiative to advance technology and resilience in the Caribbean jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.
The coworking space organised by Kingston Creative to provide creatives physical access to hot-desks, meeting rooms, offices, and podcasting, dance and digital studios.
The creative community has received a breakthrough following on the forging of a three-year technical agreement between Kingston Creative Limited and IDB Lab, the innovation laboratory of the Inter-American Development Bank.
The collaboration, which will fast track social and economic transformation through the merger of creativity, culture and technology will support 1,500 entrepreneurs and creative enterprises, notably 300 creative entrepreneurs based in downtown Kingston.
Additionally, 60 creative businesses will benefit from the integration of new technologies in their business models and 25 entrepreneurs will be connected to new international markets and opportunities.
Gillian
Hyde,
general manager,
JN Small Business Loans. Gillian Hyde, general manager, JN Small Business Loans (JNSBL), is urging Jamaica to tap into the US$700-billion wellness tourism industry in order to maximise its potential in the sector, especially, as the country looks to recover from the current recession. Hyde affirmed that health and wellness tourism presents the perfect opportunity for Jamaica to expand its tourism offerings, while showcasing the country’s capacity to offer holistic services. “The value of the wellness tourism industry is about US$700 billion. This is within the context of a global tourism industry valued at US$4.5 trillion,” revealed Hyde. “A Jamaica fully in the midst of the US$700-billion sector can capitalise and position itself to earn substantially and become a major player, while maximising our potential.”
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The agreement was signed by CDB Vice-President (Operations), Diana Wilson Patrick and IDB Representative in Barbados, Juan Carlos De la Hoz Vinas. (GP) Social Share
Bridgetown – The Caribbean Development Bank (CDB) and the Inter-American Development Bank (IDB) on Monday signed a US$50 million loan agreement to support COVID-19 response projects in the Organisation of Eastern Caribbean States (OECS) Member States.
The agreement was signed by CDB Vice-President (Operations), Diana Wilson Patrick and IDB Representative in Barbados, Juan Carlos De la Hoz Vinas.
The loan will provide economic resources to OECS Member States – Antigua and Barbuda, Commonwealth of Dominica, Grenada, Saint Kitts and Nevis, Saint Lucia and Saint Vincent and the Grenadines.