British Virgin Islands Business News

The analysis of the latest events in BVI and worldwide, affecting BVI business environment; facts and statistics on BVI International Business Companies involved in global business activities.

Tuesday, September 26, 2017

BVI Government Establishes Business Development Fund

BVI Premier Dr D Orlando Smith announced that the Government is offering loans to persons whose businesses were damaged or destroyed during the hurricanes. He said that the BVI Government is going to create a special Business Development Fund, where businesses can apply within the next two weeks.

The fund is established in order to recover the economy struck by the storm. The Government will also provide generators to businesses that still need power after the hurricanes. The Premier said: “It is a priority for me to ensure that your local businesses are up and running and that they continue to provide goods and services to us and also jobs to our people for the continuation of our economy.”

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