Tag: U.S. Small Business Administration (SBA)

SBA USVI Wants Nominations For Entrepreneurs For 2022 National Awards

CHRISTIANSTED — Do you or someone you know have what it takes to become America’s “Small Businessperson of the Year” for 2022?  If so, the U.S. Small Business Administration (SBA) wants to hear from you.  The U.S. Small Business Administration and the SBA Puerto Rico & U.S. Virgin Islands District are accepting nominations for national and […]

Social Security Administration Supports Small Businesses During COVID-19 Crisis

The COVID-19 pandemic has been testing small businesses. Running a small business can be a 24-7 endeavor. Managing employees, inventory, scheduling, services, and marketing can be challenging even in normal times. If you’re a small business owner, or you work for one, our online suite of services can help make your life easier. Our business […]

Accelerate VI Gets $50,000 SBA Grant To Establish Tech Entrepreneurship In USVI

FREDERIKSTED — Accelerate VI, the University of the Virgin Islands Research and Technology Park’s tech accelerator program, has been selected as a winner of the U.S. Small Business Administration’s 2021 Growth Accelerator Fund Competition. Accelerate VI, a program designed to help early-stage tech companies grow and scale their business from the U.S. Virgin Islands, was […]

Small Business Administration District Director Makes Annual Visit To Territory

CHARLOTTE AMALIE — Small Business Administration Puerto Rico and U.S. Virgin Islands District Director Josué Rivera made his first official visit to the U.S. Virgin Islands last week, meeting government officials, small business owners, community organizations and business development centers on St. Croix and St. Thomas. Rivera visited in person with small-business owners and entrepreneurs […]

Greasy Spoon Owner Who Claimed $500K In Payroll Cops Plea To PPP Bank Fraud

CHARLOTTE AMALIE — A Back Street diner owner who claimed to have 15 employees and a nearly $500,000 payroll pleaded guilty to bank fraud after IRB revealed that the woman had no official employees on the books. Mashama Ferdinand, 38, of St. Thomas pleaded guilty to wire fraud affecting a financial institution before U.S. Magistrate […]

Social Security Administration Advises Small Businesses To File W-2 Forms Online

According to the U.S. Small Business Administration, about 30 million small businesses in the United States employ tens of millions of people. Running a small business can be a 24-7 endeavor. Managing employees, inventory, scheduling, services, and marketing can be challenging. If you are a small business owner, or you work for one, we can […]

SBA Announces Funding Opportunity To Support Small Business Innovation

CHARLOTTE AMALIE — The U.S. Small Business Administration (SBA) has announced the 2019 Federal and State Technology (FAST) Partnership Program. The FAST Program is designed to stimulate economic development among small, high technology businesses through federally funded innovation and research and development programs. The project and budget periods are for a 12-month period. “We encourage state […]

SBA Boot Camp To Aid ‘Economically Disadvantaged Small Businesses’

CHARLOTTE AMALIE — The U.S. Small Business Administration (SBA) Puerto Rico and Virgin Islands District Office will conduct a Federal Contracting Opportunities Boot Camp on St. Thomas on June 27 as part of the SBA’s 7(j) Management and Technical Assistance program, to support socially and economically disadvantaged small businesses in their efforts to obtain federal […]

SBA Announces Makerspace Training, Collaboration and Hiring (MaTCH) Pilot Competition In USVI

CHARLOTTE AMALIE — The U.S. Small Business Administration Acting Administrator Chris Pilkerton has announced the launch of the Makerspace Training, Collaboration and Hiring (MaTCH) Pilot Competition. The competition seeks to address the job skills and placement gaps faced by U.S. businesses by providing funding to create or expand programs with job-specific and soft skills training […]

SBA To Offer Free Technical Assistance For Small Business Owners In USVI

SAN JUAN — The U.S. Small Business Administration Puerto Rico and Virgin Islands district office will conduct a free series of workshops in the U.S. Virgin Islands over the next few months as part of the SBA’s 7(j) Management and Technical Assistance program, to support socially and economically disadvantaged small businesses in their efforts to […]