Tag: U.S. Virgin Islands Economic Development Authority (USVIEDA)

New York Times Sues USVI Government To Get Jeffrey Epstein’s Records

CHARLOTTE AMALIE — The New York Times has sued Economic Development Authority CEO Wayne Biggs Jr. and the V.I. government for access to financial and business documents of the late disgraced financier Jeffrey Epstein under the territory’s Open Records Act. Epstein received Economic Development Commission benefits through his Southern Trust Company, Inc., which had an […]

USVI Community Business Forum Is Part of Bryan’s ‘Vision 2040 Economic Development Initiative’

CHRISTIANSTED— Governor Albert Bryan is hosting the first USVI Community Business Forum as part of Vision 2040, the wide-ranging economic development initiative to grow and increase the territory’s economy through a number of programs to increase business opportunities, build a robust workforce and attract new businesses to the U.S. Virgin Islands.  The USVI Community Business Forum […]

USVIEDA Wants Public To Pay Online, Closes Walk-Up Windows Due To COVID-19

CHRISTIANSTED — To help ensure the safety and well-being of the U.S. Virgin Islands community, its staff, clients and stakeholders, the U.S. Virgin Islands Economic Development Authority (USVIEDA) has adjusted its operations on both St. Thomas and St. Croix due to the Coronavirus 2019 (COVID-19) pandemic. Staff will operate remotely by telecommuting to continue serving […]

U.S. Virgin Islands Hopes To Spur Hotel Expansion With New Hotel Development Law

CHARLOTTE AMALIE — The U.S. Virgin Islands took another in a series of strategic moves designed to encourage economic development under the aegis of Governor Albert Bryan, Jr.  The expanded Hotel Development Bill, No 33-0104, signed into law on October 7 allows hotel developers to channel a percentage of room revenue to finance renovating existing properties and building new hotels. […]

Economic Development Authority Launches USVI Online Property Listing for Hotel Development

CHARLOTTE AMALIE — To promote hotel and resort development, the Economic Development Authority (USVIEDA) has launched an online database with at least 50 government and privately-owned USVI properties. Developers and investors can learn about these properties at www.investusvirginislands.com  “Hotel and resort developers need readily-accessible resources that can assist them in locating properties that are available for development,” said Kamal […]

USVIEDA Joins With SBA To Recruit USVI Entrepreneurs For A Free Small Business Growth Training Program

CHARLOTTE AMALIE — The U.S. Small Business Administration announced the launch of the 2019 Emerging Leaders Initiative for executives of small businesses poised for growth in emerging markets. This intensive executive entrepreneurship series includes nearly 100 hours of classroom time. Participants are provided with the opportunity to work with a network of experienced coaches and […]