MSME’s Encouraged to Raise Funding through Capital Market

• Micro, Small and Medium Enterprises (MSMEs) are being encouraged to explore the possibility of raising funding through capital market options, such as the Jamaica Stock Exchange (JSE).
• Entities are encouraged to have a plan and the goal to be a listed company.
• Street-Forrest, speaking at the Small Business Association of Jamaica’s (SBAJ) second regional MSME Conference, noted that despite foreign exchange rate fluctuations, “we have very favourable market conditions, with business and consumer confidence high, a low rate of inflation and oversubscription in all of our Initial Public Offerings (IPOs), which signal an interest in the stock market.”
• These factors are good for business, and the JSE believes that the MSMEs should now become engaged.

(Source: JIS)