Micro, Small & Medium Enterprise Sector
Our MSME sector accounts for 80% of jobs in Jamaica and is a proven mechanism for poverty alleviation and wealth creation. The sector is, however, plagued with a failure rate in line with the global trend where 80% of start-ups are expected to fail within three years or less. This has become an unwritten rule and an expectation. ROIC is challenging the status quo, aiming to make Jamaica an exception to this “1-in-5” rule. We seek to influence the MSME sector, improving the start-up success rate nationally, and assist start-ups to achieve a higher growth path and transition into large successful organisations.