Business
JAM | Mar 17, 2026

SBAJ urges small businesses to tap government procurement to strengthen cash flow

/ Our Today

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President of the Small Business Association of Jamaica (SBAJ), Garnett Reid, delivers remarks at the SBAJ’s 50th Anniversary Awards Banquet held at The Jamaica Pegasus hotel in New Kingston on Monday, November 25, 2024, under the theme ‘Grow Your Business with Opportunities and Networking’. (Photo: JIS/Donald De La Haye)

President of the Small Business Association of Jamaica (SBAJ) Garnett Reid is encouraging entrepreneurs to take advantage of an upcoming public meeting designed to help small firms access government contracts and improve business cash flow.

Business owners attending the session will also be able to sign up for a free business assessment from SBAJ business consultants to identify operational and compliance gaps that may prevent them from qualifying for government procurement opportunities.

The meeting, scheduled for March 26, 2026, is being hosted by the SBAJ in collaboration with the Ministry of Finance and the Public Service, and the Public Procurement Commission. The event is being staged as part of activities marking World Sustainable Procurement Day and will focus on preparing Jamaican entrepreneurs to compete for public sector contracts.

Reid noted that government procurement represents one of the most reliable sources of revenue for small businesses, providing consistent work and predictable payment cycles that can significantly strengthen a company’s cash flow.

“Many small businesses are capable of delivering goods and services to the public sector,” Reid said. “However, they often do not understand the procurement process or the compliance requirements. Our goal is to help them close those gaps so they can participate confidently and benefit from these opportunities.”

Held under the theme ‘Get Ready: Preparing Small Businesses for Government Contracts’, the meeting will provide practical guidance on how entrepreneurs can position their businesses to secure government work. Representatives from the Ministry of Finance and the Public Service, the Public Procurement Commission, and the Government of Jamaica’s electronic procurement platform will outline the steps required to become contract-ready.

Participants will receive information on:

  • How to qualify for government contracts, including key documentation and operational standards
  • Registration and compliance requirements necessary to participate in the public procurement system
  • Direct insights from government officials on how businesses can navigate the procurement process successfully

Reid emphasised that participation in government procurement not only expands a company’s market but also strengthens financial stability.

“When small businesses secure contracts with the government, they gain access to a dependable client,” he said. “That stability allows them to hire staff, invest in equipment, and manage cash flow more effectively.”

The SBAJ said the initiative forms part of its broader effort to ensure that small and medium-sized enterprises play a greater role in Jamaica’s economic development, particularly through structured opportunities within the public sector.

All small business owners and entrepreneurs are encouraged to attend.

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