VIEDA's Economic Development Commission, Economic Development Bank to hold Governing Board Decision Meeting on October 24

The V.I. Economic Development Authority, along with its subsidiaries the Economic Development Commission and the Economic Development Bank, will be holding a Governing Board Decision Meeting on Friday, October 24, 2014 at 9:00 a.m. This meeting will be held in the boardroom of the VIEDA’s office at 8000 Nisky Shopping Center, 2nd Fl., Suite 620, St.Thomas, USVI; and via video conference feed at the William D. Roebuck Industrial Park, No. 4 Estate Negro Bay, Bldg. No. 2, Frederiksted, St. Croix, USVI.

VIEDA, Small Business Camp to host weekend seminar for local business owners, aspiring entrepreneurs

CHARLOTTE AMALIE, St. Thomas, U.S. Virgin Islands - October 10, 2014 -- The Virgin Islands Economic Development Authority and the Small Business Camp will host a Small Business Camp Weekend training program for entrepreneurs, executives, non-profit leaders, and anyone that has a business idea. This free program will be held at the Virgin Islands Small Business Development Center on St. Croix, USVI, at 4100 Sion Farm Shopping Center in Suite 16 on Friday, October 17, 2014 from 6:00 8:00 p.m.; Saturday, October 18, 2014 from 9:00 a.m.

VIEDA, Entrepreneurs Incubator Institute to offer free course on entrepreneurship

CHARLOTTE AMALIE, U.S. Virgin Islands -- St. Thomas, USVI – October 10, 2014 - The V.I. Economic Development Authority (VIEDA) will host a class for aspiring entrepreneurs and business owners that are seeking to learn how to overcome today's challenges in order to succeed in their business. This class titled, "The Dynamics of Entrepreneurship 101", will be held on Wednesday, October 15, 2014 from 6:00 p.m. to 10:00 p.m. at the V.I. Small Business Development Center at 4100 Sion Farm Shopping Center, Suite 16, Christiansted, St. Croix, USVI.

EB-5 Immigrant Investor Program

The Economic Development Authority of the Virgin Islands (“VIEDA”) is pleased to announce that we have partnered up with American Regional Center Group (“ARCG”) to form the U.S. Virgin Island’s first official Regional Center. The exclusive partnership provides ARCG unique access to entrepreneurs seeking funding for projects while providing VIEDA another tool to promote and enhance economic development in the territory. VIEDA will cooperatively work with ARCG on the selection and development of EB-5 investment opportunities to cater to its marketplace.

VIEDA small exporters' program to host USVI International Artistry & Business Expo

CHARLOTTE AMALIE, St. Thomas, U.S. Virgin Islands - September 5, 2014 - To promote some of the USVI's best small manufacturers that are interested in exporting their products and services to foreign buyers, the V.I. Economic Development Authority's (VIEDA) State Trade and Export Promotion (STEP) Program will be hosting the 2014 U.S. Virgin Islands International Artistry and Business Expo from September 19-21, 2014 at the Mark C. Marin Center (MCM Center) at Antilles School on St. Thomas. This expo is co-sponsored by the U.S.

Eligible Suppliers

Eligible Virgin Islands suppliers are licensed to do business in the Virgin Islands and have conducted business in the Virgin Islands for at least one year.  Companies received EDC tax benefits are required to advertise twice a year for goods and services they will use on an ongoing basis and are encouraged to use eligible suppliers.

If you are interested in becoming an eligible supplier, fill out an application.

EDC Tax Incentives

The United States Virgin Islands (USVI) is more than just an ideal tourism destination in the Caribbean with its pristine beaches, wonderful sunshine, great duty-free shopping, and intriguing historic monuments. It is also the ideal location for doing business and maximizing your company's profits.

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