Overview
The Development Bank of Jamaica (DBJ) is helping Micro and Small Enterprises (MSEs) to develop and grow by introducing the new and ground-breaking Go-Digital voucher. This voucher is redeemable at Information Technology Business Development Organizations (IT-BDOs) and will support a variety of technological solutions aimed at transforming businesses. The Go-Digital voucher is an addition to the DBJ’s Voucher for Technical Assistance (VTA) programme.
What we Cover
Businesses can access a GO DIGITAL voucher to transform their business electronically. Vouchers will cover following services, but not limited to, General Business: electronic payroll system, HR applications, customer relations management software, electronic marketing including social media, website development, etc. Business Productivity: video conferencing, electronic records management.
It is recommended that MSEs consult with a IT-BDO to determine and agree on the best digital intervention that is needed for the business.
Who Can Apply
MSEs with registered businesses operating in Jamaica, with annual sales/revenue up to J$75 million. Business that employ less than 20 individuals. The business activities have no adverse effect on the environment. See application form here.
How to Apply
You are in the right place, it is easy. CLICK HERE
Approved Information Technology Business Development Organisations (Service Provider)
The DBJ has compiled and approved a list of service providers that can assist MSEs in implementing a digital transformation in their business. See list of suppliers
- Application
- Interested Tech firms that are registered in Jamaica should complete the prescribed application form [here] Note: Please link the application form from VTA. All documents requested must be uploaded.
- Evaluation Process
- Applications are reviewed by an expert panel of professionals
- Applications that receive a score of 70 percent and above will be deemed successful
- Contracting
- Prior to contracting with the Tech-BDO due diligence is conducted to ensure that the provider is fit and purpose [link list of documents]
- Sign a Memorandum of Agreement with the DBJ
- Selected Service Providers must participate in a DBJ organized Training Session
General Information
What is a Go-Digital Voucher?
A Go-Digital voucher is an electronic voucher issued to a Micro and Small Enterprises to promote the adoption of cutting-edge technology in their businesses and is redeemable at any of our Information Technology Business Development Organisation (IT BDO).
Will this voucher come in the form of a cheque?
No. MSE will receive a unique voucher number via email. This voucher number will carry a specified value that is redeemable at a IT BDO.
What can the Go-Digital Vouchers be used for?
• GO-DIGITAL BUSINESS - Payroll Systems, HR Applications, CRM Software;
• GO-DIGITAL PRODUCTIVITY – Videoconferencing, Email, Electronic Document/File Management, Collaboration & Project Management;
• GO-DIGITAL - BASIC DIGITAL - Social Media, Online Banking, WhatsApp Business Basic;
• GO-DIGITAL ADVANCE DIGITAL - Payment Gateway & Ecommerce Platforms, Electronic Signatures, Business Intelligence, Robotic Process Automation, WhatsApp Business, Mobile Ecommerce; and
• GO-DIGITAL - PLAN DIGITAL - Digital Transformation Business Plan and Business case development.
What can Go-Digital voucher not be used for?
Vouchers will not be used for: Debt repayment, purchase of hardware, staff salaries, constructions and taxes owed to the government.
How many vouchers can I get?
Vouchers are aligned to the business and not the person. Each registered MSE that meets the criteria can access one (1) Go-Digital voucher.
Eligibility
How does a business qualify for a GO-Digital Voucher?
• Businesses that meet the following criteria can apply for a Go-Digital Voucher:
• Business registered in Jamaica
• Annual revenues fall below J$75M
• Employ less than 20 individuals
• Business activity has no adverse environment effect.
Is there any other requirement that may affect my application?
Yes. All Go Digital voucher applications are subject to a Needs Assessment by the Project Manager/IT BDO.
Does the GO DIGITAL voucher affect my regular DBJ VTA?
No. While the Go-Digital vouchers are issued using the same online platform as the regular VTAP, the Go-Digital voucher remains a separate Programme.
Application and Financing
Where do I go to apply for a Go-Digital Voucher?
A qualified MSE may apply for a Go-Digital voucher at www.dbjvoucher.com
What is the turnaround time for approval?
Provided that all information are accurate in the application, vouchers may be issued within five (5) business days.
What is the value of the Go-Digital Voucher?
The Go-Digital vouchers are valued at Two Hundred Thousand Dollars (J$200,000.00).
Does the voucher include government taxes?
Yes. General Consumption Tax (GCT) is included in the cost associated with providing the service to the MSE.
Does the MSE have any financial obligation?
Yes. This is a partial grant and MSE’s are required to contribute at least 30% of the total cost to provide the requested service. DBJ commits to paying no more than 70% of the total cost of the services or the value of the voucher, whichever is lower.
