Jamaica to Host CHICOS

Story Highlights Jamaica has been selected to host the Caribbean Hotel Investment Conference and Operations Summit (CHICOS), scheduled for November 14 to 15, 2019, at the Secrets Wild Orchid, Montego Bay in St. James. Jamaica has been selected to host the Caribbean Hotel Investment Conference and Operations Summit (CHICOS), scheduled for November 14 to 15, 2019, at the Secrets Wild Orchid, Montego Bay in St. James.The event is expected to attract some 300 attendees who are interested in hospitality development in the Caribbean.CHICOS is the premier industry conference for the region and brings together governmental representatives, opinion leaders, developers, bankers and other lenders, tourism officials, investment funds, hotel brand executives, individuals/companies seeking investors for their tourism projects, public and private institutions.Speaking with JIS News, Manager, Tourism and Services at Jamaica Promotions Corporation (JAMPRO), Carol Straw, noted that the conference will focus heavily on investment in the leisure tourism area.“The whole ecosystem will be there and the whole idea is to look at the regional and international trends that are affecting the industry and meet with the various representatives and companies to get them thinking about Jamaica and to actively look at investments here,” Miss Straw highlighted.She said that the conference is spearheaded by HVS, a leading global hospitality advisory company that is well respected in the tourism circuit.The entity stages the investment conference every year in a different destination, with Jamaica winning the bid to host this year’s staging.JAMPRO will be hosting the conference in conjunction with the AM Resorts and Apple Leisure Group, as well as the Ministry of Tourism and its agencies, Jamaica Tourist Board (JTB) and Tourism Enhancement Fund (TEF). CHICOS is the premier industry conference for the region and brings together governmental representatives, opinion leaders, developers, bankers and other lenders, tourism officials, investment funds, hotel brand executives, individuals/companies seeking investors for their tourism projects, public and private institutions. The event is expected to attract some 300 attendees who are interested in hospitality development in the Caribbean. read more

DBJ to Stage Second Equity Financing Workshop September 18

Discussions will focus on the topic “Introduction to Equity Financing”. The workshop is geared towards business enablers, including consultants and professionals, who facilitate, train and build the capacity of entrepreneurs and small business owners in growing and expanding their operations. Story Highlights The Development Bank of Jamaica’s (DBJ) Venture Capital Unit will host the second in a series of training workshops for Business Services Intermediaries (BSIs) on September 18 at the Spanish Court Hotel in New Kingston. The Development Bank of Jamaica’s (DBJ) Venture Capital Unit will host the second in a series of training workshops for Business Services Intermediaries (BSIs) on September 18 at the Spanish Court Hotel in New Kingston.Discussions will focus on the topic “Introduction to Equity Financing”.The workshop is geared towards business enablers, including consultants and professionals, who facilitate, train and build the capacity of entrepreneurs and small business owners in growing and expanding their operations.Former Inter-American Development Bank (IDB) executive, Dr. Winsome Leslie, who led the initial session staged in July, developed the curriculum for the workshop.It will cover six modules –Financing Options for SMEs (Small and Medium Enterprises); Angels, Venture Capital and Private Equity; The Pitch – How Do You Prepare; Negotiating the Equity Deal; and Equity Investment Trends and Alternative Financing Structures.The training workshops are part of the Jamaica Venture Capital Programme (JVCapital) geared towards strengthening the capacity of business advisors.JVC Programme Project Consultant, Audrey Richards, said that the objective is to address gaps and inconsistencies in how entrepreneurs and SMEs are being prepared for engaging with financiers.“This initiative is to ensure that the business enablers and consultants are properly equipped with the necessary knowledge and tools to be able to provide standardised guidance and the right information to entrepreneurs and small businesses on equity financing and its attendant benefits in growing and scaling their businesses,” she noted.Interested persons needing more information on the workshop may contact the DBJ’s Venture Capital Unit at (876) 929-4000 or via e-mail at [email protected] read more