Transcript PPT - WIPO
The National Export-Import Bank of Jamaica TAKING INTELLECTUAL PROPERTY TO THE BANK 1 TAKING INTELLECTUAL PROPERTY TO THE BANK THE EXIM BANK OF JAMAICA’S EXPERIENCE Miss Megan Deane Deputy Managing Director National Export-Import Bank of Jamaica 2 WHERE IN THE WORLD?? 3 JAMAICA English-speaking 2.8 million inhabitants (2008) Service economy ore than 60% of GDP GDP (2008 est.) - US$21.57 billion 4 CREATIVE INDUSTRIES MUSIC FILM PUBLISHING SPORTS FINE ART DESIGN 5 BOB MARLEY 6 BEENIE MAN 7 USAIN BOLT 8 BOBSLED TEAM 9 JIMMY CLIFF 10 BRAND JAMAICA 11 JAMAICA’S FX EARNING POTENTIAL - MUSIC US$’S GLOBAL JAMAICA’S 1,200.00M 350.00M LIVE SHOWS 50.00M FOREIGN TOURS 50.00M Source: www.sunheraldja.com 12 COMMERCIAL BANKS – BANKING ACT INTERNATIONAL The Bank of Nova Scotia Jamaica Limited FirstCaribbean Bank International (Jamaica) RBTT Bank Jamaica Limited Citibank, N.A. LOCAL National Commercial Bank Jamaica Limited First Global Bank Limited PanCaribbeanBank Limited 13 MERCHANT BANKS – FIN. INSTITUTIONS ACT LOCALLY OWNED Capital & Credit Merchant Bank Limited Scotia DBG Merchant Bank Limited MF&G Trust & Finance Limited 14 JAMAICA INTELLECTUAL PROPERTY OFFICE Member of WIPO Administers Intellectual Property Systems Adheres to Multilateral and Bilateral Treaties Overarching objective:- To contribute to national economic growth and development through the proper protection, administration and enforcement of Intellectual Property Rights 15 (IPRs). NATIONAL EXPORT IMPORT BANK OF JAMAICA Wholly owned Government Institution Economic Development Agency Trade Credit Financier Trade Credit Insurer (Member of the Berne Union) Works with Approved Financial Intermediaries 2010 Vision includes, Increasing our tolerance for Credit Risk 16 CHALLENGES OF FUNDING USING IPR’S AS COLLATERAL SECURITY NO INTERNATIONAL OR LOCAL POINTS OF REFERENCE APPROPRIATE VALUATION METHODOLOGY BALANCE SHEET IMPLICATIONS APPROPRIATE SECURITY DOCUMENTATION UNSECURED LENDING CLASSIFICATION 17 EXIM BANK’S OBJECTIVES A POSITIVE ECONOMIC MULTIPLIER ‘UNLOCKING’ VALUE VALUE ADDED HELPING THE CREATIVE INDUSTRIES TO “TAKE IT TO THE BANK!” 18 THANK YOU! 19