Venture Debt - Jamaica

  • Jamaica
  • The country in Jamaica is expected to see the Total Capital Raised in the Venture Debt market market reach US$8.7m by 2024.
  • Traditional Venture Debt is the dominant player in the market, with a projected market volume of US$8.2m in 2024.
  • When compared globally, the United States leads in Capital Raised, with US$31,850.0m anticipated in 2024.
  • Jamaica's Venture Debt market is gaining traction, offering flexible financing options for startups seeking capital in the Capital Raising landscape.

Key regions: Brazil, Germany, United Kingdom, Singapore, China

 
Market
 
Region
 
Region comparison
 
Currency
 

Analyst Opinion

The Venture Debt market in Jamaica is experiencing significant growth and development, driven by customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. Customer preferences in Jamaica are shifting towards alternative financing options such as venture debt.

Entrepreneurs and small businesses are increasingly seeking non-traditional sources of funding to fuel their growth and expansion. Venture debt offers an attractive solution, as it provides capital without diluting ownership or control. This appeals to entrepreneurs who want to retain a larger stake in their businesses while still accessing the necessary funds to scale.

Trends in the market indicate a growing demand for venture debt in Jamaica. This can be attributed to several factors. Firstly, the startup ecosystem in the country is rapidly evolving, with a rising number of innovative and high-growth potential companies emerging.

These startups require capital to fund their operations and drive their growth strategies, making venture debt an attractive option. Additionally, venture debt providers in Jamaica are becoming more prevalent and sophisticated. They have recognized the potential of the market and are actively expanding their operations to cater to the growing demand.

This increased competition among venture debt providers is driving innovation and improving the terms and conditions offered to borrowers, making venture debt an even more attractive financing option. Local special circumstances also contribute to the development of the Venture Debt market in Jamaica. The country has a strong entrepreneurial culture and a supportive ecosystem that encourages innovation and business growth.

The government and other stakeholders have implemented policies and initiatives to foster entrepreneurship and attract investment, creating a favorable environment for venture debt to thrive. Underlying macroeconomic factors further support the growth of the Venture Debt market in Jamaica. The country has experienced steady economic growth in recent years, with a stable political climate and a favorable business environment.

This stability and positive economic outlook attract both local and international investors, providing a solid foundation for venture debt providers to operate and expand their services. In conclusion, the Venture Debt market in Jamaica is developing rapidly due to customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. Entrepreneurs and small businesses are increasingly turning to venture debt as an alternative financing option, driven by the desire to retain ownership and control while accessing capital.

The growing startup ecosystem, the presence of sophisticated venture debt providers, the supportive local environment, and the stable macroeconomic conditions all contribute to the expansion of the Venture Debt market in Jamaica.

Methodology

Data coverage:

Data encompasses B2B and B2C enterprises. Figures are based on the amount of capital raised, the average of deal size and the number of deals.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use data from OECD, annual financial reports of key players, industry reports, third-party reports, publicly available databases, and survey results from primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, CPI, number of small and medium-sized enterprises (SME), new businesses registered (number) . This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

Overview

  • Capital Raised
  • Average Deal Size
  • Global Comparison
  • Number of Deals
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
Please wait

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)