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  1. Board Meeting set for October 11

    ... a minimum of seven (7) full-time employees and a minimum capital investment of $100,000. The industries of focus include Management ... their Sustainable Tourism Arts-based Revenue Stream (STARS) Project. STARS is designed to advertise and promote the U.S. Virgin Islands ...

  2. SBA Names VIEDA's Enterprise Zone Commission as 2022 State Trade Expansion Program Awardee

    ... grant program plays a critical role in providing access to capital, access to markets, and access to buyers. If you would like to ... restoring trust in the government and ensuring that recovery projects are completed as quickly as possible. Visit  ...

  3. Hotel at Botany Bay Plans $25 Million Investment in a New St. Thomas Resort

    ... by approving tax incentives to attract a $25 million capital investment projected to create at least 45 new full-time jobs over a ... Economic Development Authority.  “This exciting new project in St. Thomas’ scenic Botany Bay reflects a significant vote of ...

  4. VIEDA Board of Directors to consider three company applications for tax incentives at VIEDC Public Hearing on February 8

    ... Wealth Advisors, LLC, Perfected Claims, LLC, and Virgin Bay Capital, LLC - seeking tax incentives from the VIEDC Economic Development Tax ... restoring trust in the government and ensuring that recovery projects are completed as quickly as possible. Visit  ...

  5. VIEDA CEO promotes tax incentive program at ABA Tax Section Meeting

    ... a minimum potential investment of more than $8.9 million i capital investments in the Territory. For more information, send an email ... restoring trust in the government and ensuring that recovery projects are completed as quickly as possible. Visit  ...

  6. VIEDA seeks to help local small-to-medium-size businesses with federal post-disaster relief loan program

    ... hire or retain skilled workers. This federal disaster relief project is for small –to-mid-size businesses with 500 employees, or less, ... and supplies, for leasehold improvements and for working capital. Some restrictions apply on the use of funds. In May 2013, the VIEDA ...

  7. “Vision 2040,” 20-Year Economic Plan for the U.S. Virgin Islands, Completed and Released to the Public

    ... consulting firm hired to assist in its creation. The project was funded by the U.S. Economic Development Administration with ... living, the need for educated/skilled workers, and obtaining capital were also cited. Far more encouraging were the responses by the ...

  8. VIEDA Representatives Educate Students at IEKHS, CAHS About Economic Development Programs and Services in the USVI

    ... VIEDA director of Lending, Shatima Charleswell, energy project assistant, and Cusa Holloway, manager of the Incubator Program, from ... Acquisition Officer Carla Scott from the International Capital and Management Company (“ICMC”), a Beneficiary of the VIEDC ...

  9. Tax Increment Financing

    ... to pay the present costs of public improvements.  TIF capitalizes a predetermined portion of the real property and gross receipts ... the necessary public infrastructure component of a TIF project. Tax-exempt bonds secured by that tax revenue fund the necessary ...

  10. State Small Business Credit Initiative

    ... Credit Guarantee Program – Up to 50% of loan or project cost Payment, Performance, Surety Bond Program – Up to 30% ... are not limited to: start-up costs working capital business procurement franchise fees inventory ...