The Virgin Islands Small Business Development Center honors its commitment to Help Businesses Grow and Succeed amid Covid-19.

Posted on March 5, 2021 in Press Releases

CHARLOTTE AMALIE, U.S. Virgin Islands –March 5, 2021 –The VI SBDC is honored to share its achievements in the form of best practices to fulfill its initiative to help businesses grow and succeed.

More than ever, small businesses are staying afloat because of financial resources. The VI SBDC credits its partnerships with lenders like the Thomas USAF Group, an originator of large government guaranteed loans and First Bank VI. “We want the general public to know that we are committed to the economic prosperity within the small business community more so in the climate of a pandemic,” said Karen Jones, VI SBDC Associate State Director. “Our staff works tirelessly to support clients with resources and expertise needed to stay open.”

The VI SBDC has been recognized for its involvement with agencies like the US Department of Agriculture (USDA), Minority Business Development Agency (MBDA), USVI Economic Development Agency (USVI EDA), VI Department of Licensing and Consumer Affairs (DLCA), St. Croix and St. Thomas-St. John Chambers of Commerce to name a few. Special edition newsletters provide resource links to trainings, supporting documents and updates from the SBA, America’s Small Business Development Center (ASBDC) and the CDC. Furthermore, the VI SBDC
has since utilized its CARES Act funds to survey the impact on the territory’s major industries, hire additional consultants and afford small businesses the opportunity to receive services from UVI’s Creativity Lab. All of which help the VI SBDC tailor its services to better serve local businesses. These resources are currently available at
www.visbdc.org.

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