To help you to start or operate your business, the Virgin Islands Economic Development Authority has various financing options. The following loan programs are administered by the Economic Development Bank, an entity under the VIEDA. These programs offer secured loans unless otherwise indicated.
Are you a local retail business in the tourism industry, or a small manufacturer or contractor that has been impacted by Tropical Storms Otto and Tomas in 2010? If you are a dislocated worker on St. Croix that would like to re-establish or expand a business that can increase job opportunities for local residents, this loan program might be for you.