header image

Articles in the Press

Title Date Publication Summary
Made in the USVI Pop Up Shop and Website 04/12/2021
Made in the USVI shop reopens 12/17/2021 St. Croix Avis
Major port envisioned for St. Croix 11/26/2013 The Virgin Islands Daily News
Margaritaville Told to Use Local Vendors 05/09/2015 VI Source
Marriott seeks greater tax benefits 08/08/2018 Virgin Islands Daily News
Neither states nor nations, Puerto Rico and Virgin Islands face rocky storm recovery 10/27/2017 Miami Herald
Ocwen Donation Helps WCSC Alternative School Re-Open 10/14/2015 VI Source
Open House Opens Enterprise Zones to Community 06/07/2018 VI Source
Plessen Healthcare gets full support from Luis CEO 08/08/2018 Virgin Islands Daily News
PROVIDING OVER 35 GENERATORS AND THOUSANDS OF OTHER ITEMS WITH MORE TO COME, CANE BAY CARES MOBILIZES IN BIG WAY FOR ST. CROIX 10/20/2017 VI Consortium
Public invited to EDA events 01/31/2020

The Economic Development Authority is holding town hall meetings on all three islands so residents and business owners can learn more about economic opportunities in the territory, according to a news release issued Thursday.

The first meeting is set for 6 to 9 p.m. Tuesday at the University of the Virgin Islands Great Hall on St. Croix.

The second meeting is scheduled for 6 to 8 p.m. Wednesday at the St. John Legislative Annex conference room in Cruz Bay, St. John

The third meeting will be from 6 to 9 p.m. Thursday at the V.I. Small Business Development Training Center in Nisky Center on St. Thomas.

“Attendees will also have opportunities to ask questions and speak one-on-one with VIEDA team members,” according to the news release. “Established since 2001, the VIEDA is a semi-autonomous governmental instrumentality responsible for the promotion of economic development in the U.S. Virgin Islands. Four entities exist under its umbrella: the Economic Development Commission, Economic Development Bank, Economic Development Park Corporation and the Enterprise Zone Commission.”

According to the news release, “These entities provide a wide range of programs and services, including but not limited to, tax incentives for large and small businesses; tax credits and exemptions for property and neighborhood revitalization; low-interest loan and loan-guarantee programs for local, small and medium-sized businesses and space for lease by businesses at industrial parks on St. Thomas and St. Croix. VIEDA offices are located on St. Thomas and St. Croix.”

Authority CEO Kamal Latham, Assistant CEO Wayne Biggs Jr., Managing Director for Economic Development Margarita Benjamin, and other team members will lead the town hall meetings with a discussion about economic development and the purpose of the Economic Development Authority. Economic development practitioners from other authority divisions will also be present to share information and answer questions about its programs and services, according to the news release.

To learn more, contact the Economic Development Authority office on St. Thomas at 340-714-1700, ext. 1133, or send an email to Ja’Nelle Forbes at jforbes@usvieda.org.

— Contact Suzanne Carlson at 340-714-9122 or email scarlson@dailynews.vi.

Download Article here.

Residents can vote on two proposed plans for Christiansted through Friday 11/06/2013 Virgin Islands Daily News
Reverse osmosis facility opens at WAPA's Richmond plant 11/21/2013 The Virgin Islands Daily News
Ritz-Carlton, Set For October Reopening, Announces Hiring Opportunities 07/30/2019
Rules Committee moves 6 bills to full Senate 04/25/2014 Virgin Islands Daily News
Savan Charrette Looks for Solutions to Neighborhood Problems 07/16/2015 VI Source
Senate committee considers bill expanding enterprise zones, creating commercial zone 03/26/2014 The Virgin Islands Daily News
Senators Move Change on Employee Requirements for Tax Benefits 02/20/2020

The coming of the International Private Bank to St. Croix was an economic boom for the town of Christiansted, and senators expressed hope that by clarifying the Economic Development Authority’s regulations they can bring in half a dozen more entities just like it.

Wednesday, the Senate Committee on Finance gave a favorable recommendation to a bill simplifying hiring requirements for what...

continue reading the article on St. Croix Source

Small business incubator program looking for participants 09/13/2013 Virgin Islands Daily News
St. Croix Company Builds One of Fastest Boats in World 09/01/2015 VI Source