NEW: Financial Information and Real-time Matchmaking (FIRM)

The inaugural staging of the Financial Information and Real-time Matchmaking (FIRM) Expo will kick off tomorrow, Saturday, October 4, 2014 in the parish of Kingston and St Andrew at the Jamaica College, Karl Hendrickson Auditorium beginning 10:00am. This will be the first in a series of exhibitions which will be staged across the island over a 12 to 15 month period. FIRM, which is a model for public/private sector partnership, is an alliance between the Planning Institute of Jamaica’s (PIOJ) Growth Secretariat and the Development Bank of Jamaica.

Executive Director, for the Growth Secretariat at the PIOJ, Mr Joseph Cox, says the expo will feature a wide range of exhibitors and presentations on topics relevant to the financial landscape, specifically as it relates to financing and operating businesses. It will identify a cadre of innovative entrepreneurs who will be provided with technical support and capacity building where appropriate; and selected entrepreneurs will be provided with an opportunity to pitch their ideas to financiers with the view of securing either an equity injection or loan financing.

FIRM is a financial matchmaking model geared towards assisting persons with potentially viable business ideas or existing businesses that are underfunded and lack the requisite collateral or market information to access financing for their venture. Its primary objective Cox explains is to develop and implement a multifaceted public awareness model to provide entrepreneurial funding opportunities, which will be executed islandwide.

 Several business executives will be on hand to provide expert advice to entrepreneurs including Bruce Scott, Partner, Price Waterhouse Coopers, Jamaica; Ms Shulette Cox, Vice President JAMPRO; Ms Gail Abrahams, FLOW Jamaica’s Director, Corporate Communications; among others.

 

Contact:          Claudette M. Myers (Communication Specialist)

Tel:                  960-9339/906-4344/935-5062(D)

Email:             claudette_myers@pioj.gov.jm

Fax:                  906-5011

SOURCE: Planning Institute of Jamaica