BLAZE is a loan financing product for beneficiaries of the Innovation Grant from New Ideas to Entrepreneurship (IGNITE) programme that allows businesses to borrow $15,000,000 or up to 90% of the project cost. It is designed to empower businesses to build capacity and enable scaling.
Business Lifecycle Accelerator To The Zenith of Entrepreneurship (BLAZE)
Businesses applying for this loan product has to be a current IGNITE beneficiary or a graduate of the program
The business must be in operation for at least 2 years
They must have demonstrated excellent compliance and performance in IGNITE
They must have an advisory board or will have one in place within 12 months
Moratorium: 1 year from the first disbursement
Development Bank of Jamaica
The Development Bank of Jamaica provides opportunities to all Jamaicans to make a positive impact on their own quality of life. They do this through providing development financing, capacity building, public-private partnership and privatisation solutions, which are in line with Government policy and future goals.
11A - 15 Oxford Road Kingston 5, Jamaica W.I
Phone Number: (876) 929-4000; (876) 619-4000
Fax Number: (876) 929-6055