DBJ Go-Digital Voucher Programme

DBJ Voucher

The Development Bank of Jamaica introduced the Voucher for Technical Assistance (VTA) programme in 2014 to assist micro, small and medium-sized enterprises (MSMEs) to strengthen their managerial and administrative abilities and improve their creditworthiness.

Research completed by the Bank and its Approved Financial Institutions (AFIs) has shown that MSMEs have significant structural problems which have made it difficult for them to access business financing. The DBJ has stepped in to assist these MSMEs to organise themselves in ways that should enable them to access business credit to expand and upgrade their businesses.

All qualified MSMEs can apply for two grants: one Go-Digital and one regular Grant Voucher every two years.

What is the Voucher for Technical Assistance (VTA) Programme?

The VTA Programme provides partial grants to micro, small and medium-sized enterprises that operate specifically in the productive sectors. These businesses may receive a VTA grant to be used to access business support services provided by DBJ-approved Business Development Organisations. University of the Commonwealth Caribbean Business Development & Consulting Institute (UCC BDCI) is an approved Go-Digital Business Development Organisation. The voucher covers up to 70% of the cost of specific services and ranges from J$50,000 to J$300,000.  

You can access up to $300,000 under the DBJ Voucher for Technical Assistance Programme for the following  services below:

  • Business Plans
  • Financial Statements
  • Strategic Plans
  • Web-based / Digital Marketing
  • Social Media
  • Marketing Plans
  • Website Development
  • E-Commerce
  • Mentoring, Coaching & Training 
  • Business Process Improvement

UCC BDCI is an approved DBJ Go-Digital Business Development Organization (BDO) for the Voucher for Technical Assistance Programme, developed by the Development Bank of Jamaica (DBJ).

Who Qualifies for a Voucher?

Registered Micro and small entrepreneurs who operate businesses in all the traditional industries, as well as those operating in emerging industries, qualify for assistance under the programme.

The client redeems the voucher with a BDO at UCC BDCI.

Size Annual Revenue/Sales

Micro Less than J$15M

Small More than J$15M, but less than J$75M

It is important for the entrepreneur to be aware that the DBJ’s Voucher for Technical Assistance (VTA) Programme not only improves the business’ ability to access funding but also assists in maintaining sustainable business operations.

Instances where Vouchers are Used/Needed:

When an entrepreneur applies for a loan at an Approved Financial Institution (AFI), listed on the DBJ’s website, their application may be denied because of gaps in their management capacity. The AFI loan officer may recommend assistance by way of a Voucher for Technical Assistance which may improve the client’s chances of accessing a loan.

An entrepreneur who does not wish to access a loan but wishes to improve his/her business operations, or prepare for other types of investment, may apply for a voucher online on the DBJ’s voucher website (www.dbjvoucher.com).

Voucher Process – Online Applications

General overview-

Entrepreneurs retrieve application form on voucher website – www.dbjvoucher.com

The completed form is submitted to voucher@dbankjm.com (link sends e-mail)

The client receives an automatic email confirming receipt of the application (this is not a voucher)

The project manager may interview the client, regarding the information in the application

The project manager evaluates the applications and either approves or deny the request via email.

If approved, a voucher is emailed to the client.

The client redeems the voucher at a BDO at UCC BDCI.

The project manager will follow up with clients to track the progress of their business.

The client’s business should be improved by the services and may use the resulting document to improve access to financing.

MSME Selection Criteria

The project manager will use the following criteria to determine if the applicant is issued a voucher:

✧ The entity is registered with the Companies Office of Jamaica and has a valid Tax Compliance Certificate (TCC).

✧The business entity has not previously received 2 vouchers within the last 2 years.

✧The entrepreneur has demonstrated that the vouchers will have the potential to improve his/her business operations and strategy; for example:

-Assist the recipient entity to grow (increase revenues, allow the recipient to access new markets etc.)

-Allow recipient to export/increase exports

-Increase employment 

-Increase production and efficiencies

-Expand the business operation ( e.g. add new location/branches)

-Attract investment or loan.

UCC BDCI Voucher Services- The amount stated is the maximum value of the voucher offered by DBJ, the value of the invoice from UCC BDCI may be higher depending on the services required.

Terms & Conditions
UCC BDCI service cost is in addition to our management fees. Therefore you are expected to cover 30% of the service cost in addition to our management fees.

Service Request Form