Building on its promise of delivering “extraordinary results”, ChannelPro has partnered with the Development Bank of Jamaica as a business development organisation (BDO) under the Voucher for Technical Assistance (VTA) and DBJ Serve Jamaica programmes.

 The DBJ, through the Ministry of Finance and the Public Service, has secured a total of $J1 billion in capital funding for the MSME community. The funds will be distributed through $J300,000 Go-Digital vouchers and loans ranging from $J800,000 up to $J10 million.

MSMEs who qualify now have the opportunity to use the capital to digitise their business operations and build their digital capacity.

“We are excited about collaborating with the DBJ on this initiative to serve MSMEs. MSMEs are an integral part of our economy, and if they thrive our economy thrives,” said Twitty-Ann Thomas, CEO of ChannelPro.

Through the programme, ChannelPro will be offering website development, social media management, business process improvement, and HR outsourcing solutions, in addition to accounting, tax and payroll services, as well as, financial reporting. These services will be primarily offered to MSMEs in the legal, insurance and tech sectors. ChannelPro will also be targeting the micro financing, real estate, and property management sectors.

“There has never been a better time for MSMEs to digitally transform their business, improve their business processes and take charge of their finances” said Thomas.

LUNCH-AND-LEARN SESSIONS ON OFFER

ChannelPro will also be offering a free consultation on financial services, website development and social media management for MSMEs who redeem their vouchers through the company. Additionally, ChannelPro will be hosting eight exclusive lunch-and-learn sessions on taxes, financial reporting, digital marketing and the use of enterprise resource planning (ERP) tools to improve their operational efficiency and increase productivity.

The DBJ Serve Programme will end on March 31, however, the VTA programme will still be in effect, providing MSMEs with the opportunity to access up to 70 per cent of the financing needed for the business development services they require.

ChannelPro will also be providing personalised assistance to businesses that are interested in applying for the voucher or loan.