News
Executive decision increases grants & reforms for MSME’s
ROAD TOWN, Tortola, VI— Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) announced a plethora of initiatives to support small businesses and enhance economic growth.
14 received Unite BVI Kickstart Small Business Loan
ROAD TOWN, Tortola, VI- Fourteen applicants who underwent training and successfully met requirements for the Unite BVI Kickstart Small Business Loan Programme 2024 were awarded contracts under cohort three of the programme.
Hundreds of millions needed for recovery projects in VI- Premier Wheatley
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) has said hundreds of millions of dollars are needed to fund hurricane recovery and development projects in the [British] Virgin Islands and he is seeking the United Kingdom’s support in getting the necessary loans.
VI must 'sit around table with UK' on borrowing money– Hon Penn
FAT HOGS BAY, Tortola, VI - Leader of the National Democratic Party (NDP) Hon Marlon A. Penn (R8) has indicated that should the National Democratic Party (NDP) be elected into office, his team will be seeking to borrow money at better terms to build the local economy.
Woman charged for using former employer to receive federal loans
VI CONSORTIUM
FREDERIKSED, St. Croix, USVI — A St. Croix woman was arrested Friday at her current place of employment for allegedly using the business of a former employer to apply for the federal Paycheck Protection Program, resulting in a financial loss of her former employer totaling $39,411.
‘Give 1st time property owners 100% financing’- Premier to local banks
DUFF'S BOTTOM, Tortola, VI- The leader of the Government of the Virgin Islands has appealed to banks operating in the territory to grant first time homeowners or property owners who are Belongers 100% financing to purchase property under the new Stamp Duty Waiver initiative.
‘Investigate possibility’ of forgiving interest for locals with loans @ NBVI- Hon Fraser
DUFF’S BOTTOM, Tortola, VI- Veteran legislator and Third District Representative Hon Julian Fraser RA has called on the Government of the Virgin Islands to investigate the possibility of the National Bank of the Virgin Islands (NBVI) forgiving all or a percentage of interest on loans for Virgin Islanders during the initial stages of the COVID-19 pandemic in the Virgin Islands.
Applications open for Unite BVI’s Kickstart Small Business Loans
ROAD TOWN, Tortola, VI – Applications for the Unite BVI Kickstart Small Business Loan Programme are now open to entrepreneurs planning to start a business, or to expand an already existing business that is going to have positive impact on the environment or our communities.
Premier praises NBVI for ‘compassion towards the people of the Territory’
ROAD TOWN, Tortola, VI- The Virgin Islands' very own bank, the National Bank of the Virgin Islands (NBVI) has been praised by Premier and Minister of Finance, Honourable Andrew A. Fahie (R1) for coming to the assistance to the people of the Territory in a tangible way amid the global coronavirus pandemic.
Premier ‘optimistic’ UK’s loan guarantee offer will work out
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Honourable Andrew A. Fahie (R1) said he is keeping hope alive that the United Kingdom’s offer to be a loan guarantor for the Virgin Islands for hurricane recovery and development will work out.
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