A recent partnership forged with the Factories Corporation of Jamaica (FCJ) to create additional operating spaces for micro, small, and medium-size enterprises (MSMEs) has been widely embraced by the Jamaica Business Development Corporation (JBDC) as a ‘win’ for its members.
The partnership, which comes as an expansion of business support services to the sector, is to see the development of several community micro business parks (CMBP) across the island designed to create more cost-effective spaces for operation.
Business parks have emerged as a global solution to the challenge of space for small business operation. The concept includes a cluster of buildings that house multiple businesses, often sharing various amenities and services. Apart from providing a conducive environment for operations, these parks also promote sustainability and are said to be more cost-effective than traditional spaces.
Link-https://www.jamaicaobserver.com/2024/04/10/jbdc-fcj-partnership-win-msmes-davis/
