Business
JAM | Jun 23, 2021

Jamaica’s Export Max 111 gets financial support from Carbyne Capital Investments

/ Our Today

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Carbyne Capital pushing Jamaican SMEs to access larger markets both domestically and internationally

Rajiv Ebanks (second left), co-founder of Carbyne Capital Investments, and JAMPRO President Diane Edwards (centre) with Ricardo Durrant (right) Investment & Export Promotions Manager at JAMPRO.

The government’s Export Max 111 programme is getting financial assistance from business development firm, Carbyne Capital Investments.

The company has committed an initial amount of J$1 million to support the export development programme, Export Max III, which is managed by JAMPRO, the Jamaica Manufacturers and Exporters Association and the Jamaica Business Development Corporation. Export Max 111 aims to increase Jamaica’s export sales and bring more than 40 Jamaican companies to new international markets.

Carbyne Capital Investments has a special interest in enabling SMEs to access larger markets both domestically and internationally. This interest aligns with Export Max’s goals and has led to this natural partnership with the programme.

“…Entities like Carbyne are critical to the Export Max programme. Not only do they provide monetary assistance, but they also have the experience on the ground to provide solutions for challenges faced by SMEs.”

JAMPRO President Diane Edwards

Addressing a handover ceremony, Rajiv Ebanks, co-founder of Carbyne Capital Investments, said the provision of the financial assistance is being made as his company recognises the positive impact of the Export Max programme on generating employment opportunities and foreign exchange earnings for the country and has committed sponsorship to this valuable initiative.

“Carbyne, through its commitment to national development and the development of our clients, will leverage its bespoke factoring solutions to ensure participants of the Export Max III are able to meet the demands and credit terms of the international supply chains,” Ebanks said.

JAMPRO President Diane Edwards, thanked Carbyne Capital Investments for its commitment to the Export Max 111 programme.

She added that, “entities like Carbyne are critical to the Export Max programme. Not only do they provide monetary assistance, but they also have the experience on the ground to provide solutions for challenges faced by SMEs. We are therefore grateful for their assistance, and we look forward to more opportunities for further collaboration to develop exports”.

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