Startups & Venture Capital

Yes To Venture Capital, But Count The Costs

With the recent DBJ Venture capital conference, there has been renewed interest in the venture capital market in Jamaica, and a lot of effort is behind the establishment of same. In her weekly Sunday Gleaner column, Yaneek Page considers the Good, Bad And Ugly Sides of Venture Capital, a must read for those who want to quickly get up to speed with what’s at stake. Continue Reading

News Ticker, Startups & Venture Capital

Chocolate Dreams Launches Ambitious Kickstarter Campaign To Raise US$50,000 (J$5m) Online!

Already 10 days into their 30 day campaign, Chocolate Dreams has managed to raise US$645 of their ambitious US$50,000 goal – that’s a little over 1%. We don’t think it’s impossible though, and so we’re very hopeful for the success … Continue reading

Chocolate Dreams Kickstarter Campaign

Business Insight, e-Update, Startups & Venture Capital

Big Venture Capital Conference Today! What Do You Know About VCs?

The day that we have been waiting for has finally come. Today will be the continuation of Jamaica’s efforts to establish its venture capital market, and it promises to be an exciting day as the Development Bank of Jamaica’s Venture Capital … Continue reading

DBJ Venture Capital Conference - September 9, 2013

e-Update, Startups & Venture Capital

QUESTION: Who and Where Are The Business Incubators or Venture Capitalists In The Caribbean?

I have a business idea, heck I’ve already started the business, and I’ve done some planing and the ground work. But I’ve come to a place where I’m thinking that if I get some support then I definitely could take … Continue reading

Startups & Venture Capital

One Almost Fatal Mistake A Young Business Can Make In The Early Stages…

Not reaching out for help. Not having a sound support system. Not getting enough advice and feedback. Not doing enough research. Having a good team of advisors, even friends or family that can act as a sounding board is always … Continue reading

Mistakes I've made

Startups & Venture Capital

On The Ground News Reports Touts US$2 Million Valuation, But Lacks Real Content And Revenue To Back It

It may have missed a lot of us. It certainly missed me, until a friend asked me if I heard the story about On the Ground News Reports touting a J$200 million (US$2 million) valuation, based on future earnings. Continue Reading

Startups & Venture Capital

Furniture Company, Mekyah Manufacturing Eyes Exporting To the Region

Montego Bay-based furniture maker Mekyah Manufacturing is looking to export in the region.

The company also plans to triple its workforce, moving from 20 employees to 60, by year-end.

Established in 2011, Mekyah manufactures a wide variety of stylish, high-quality furniture, Including modern outdoor daybeds, dining sets, sofa and seating sets, and bar sets at its 8,000-square-foot-state-of-the-art facility located in the Montego Bay Free Zone.

The directors, include Rita Humphries-Lewin, chairman of Barita Investments; Carlton Barclay, deputy general manager, Jamaica National Building Society; Vanceta Ramsay, an investment banker; and Leesa Kow, general manager, Jamaica National Money Services, attorney Gordon Brown, and himself.

Business Insight, News Ticker, Startups & Venture Capital

Fly Jamaica (The Other Local Arline) To Take Off This Week, January 25th

Plans to Operate as a Standard Airline

The Jamaica Observer reports;

NEW local airline company Fly Jamaica will make its first commercial flight on January 25 — from the Norman Manley International Airport in Kingston to JFK Airport in New York. Continue Reading

Business Insight, Startups & Venture Capital

Asafa Powell’s IrieSocial Suffers Stress Fractures. Site Offline.

‘Running’ a website is not an easy feat. Running generally isn’t either. Well, who should know more about this than Asafa Powell himself. The man, a prolific and well decorated 100 metre runner should know about the stresses, and injuries … Continue reading

IrieSocial Offline Message Jan 17, 2013

IrieSocial Offline Message Jan 17, 2013

Business Insight, Startups & Venture Capital

Pop Quiz IrieSocial, How Long Should a DAILY DEAL Last?

Did you notice? Are we expected to notice? Your newest, hippest, popularity hogging start-up, Iriesocial has almost already started to disappoint. I was hesitant to make any judgment on the team and its project, but now, only days after being launched, my hopes … Continue reading

End of Deal #1

End of Deal #1

Business Insight, Startups & Venture Capital

IrieSocial, Meet The Team

Meet the team behind IrieSocial, one of Jamaica’s newest startups. IrieSocial is a Daily Deals online site. It was launched in May 2012.

IrieSocial Team

IrieSocial Team

Business Insight, Startups & Venture Capital

Here’s A Way To Make It In the Airline Business… Find a Niche

Read this REDJet… BEIJING — At a time when many airlines are filing for bankruptcy or consolidating routes, George Weinmann is jumping into the industry with a start-up. Mr. Weinmann, the chief executive of Mega Maldives Airlines, is going after … Continue reading

Business Insight, Startups & Venture Capital