Jamaica Youth Employment in Digital and Animation Industries Description Development Challenge Global animation is a growing industry currently valued Purpose: To support youth employment in the digital and animation industries in Jamaica. around US$220 billion per year. International companies are increasingly looking at Jamaica as a country of choice for Expected Results (include): 2,200 students trained in 2D animation. 33 startups graduating from the outsourcing animation production. As part of its “Vision 2030 Startup Jamaica accelerator. Reaching 3,000 Jamaica” plan, the government is looking at the information participants and providing up to US$ 7 million seed and communication technology (ICT) sector as playing a funding for tech entrepreneur startups. central role in transforming the country over the next two IBRD Financing: $20 million decades. Project Description Building on successful pilots in Digital Jam 2.0 and 3.0 and Kingston, which helped create new startups and position the Caribbean as a potential hub for the tech industry, the project will finance the training and coaching of Jamaican youths in digital skills and directly and indirectly benefit approximately 15,000 young people. © World Bank For more information: http://www.worldbank.org/projects/P148013?lang=en 47